Former Valley Music Theatre Site Will Be Developed; Woodland Hills Turning Into a Hotbed of Development
According to the LA Daily News, The Sares Regis Group has begun grading the former Valley Music Theatre and Jehovah's Witness Kingdom Hall at 20600 Ventura Blvd to build a 340-unit apartment complex dubbed Infinity-Woodland Hills (which I talked about back in June 2011). The new complex will be a four story structure with a central parking facility that will include a club house with a cafe, bar and gourmet kitchen, a two level fitness center, swimming pool, and play area for the children.
My favorite part of the article is, "will offer some residents a nice view of the Target store sign." You know what, I have always wanted to live in a home where I can have a view of the Target sign. My life is now complete knowing I have that chance at the new Infinity complex. But in all seriousness, its sad what has happened to this site and what it will become. I talked at length about this in the post, BTTF #2: Valley Music Theatre (60s-70s), Jehovah's Witness Kingdom Hall (80s - 2004) which includes many pictures and a detailed history.
So shifting to Woodland Hills in general, there is a hotbed of activity taking place in Woodland Hills and I have no idea why. Is it related to the expansion of the Orange Line Busway to Chatsworth? Which would make you think that Chatsworth would be expanding like crazy. Is the economy finally rebounding? Are people tired of living in homes and want to make the switch to apartments/condo's? Is it the new Village at Topanga which will bring a new Costco? Maybe these business developers know something that I/we dont know. So here is a list of activities taking place?
- The Village at Westfield Topanga which will add a Costco, 50 shops, office tower, hotel, and more shops. But there is a pending lawsuit so this could get delayed significantly or even cancelled.
- The Panavision site being converted to a 707 unit apartment complex at 6219 De Soto Ave.
- A 300 unit apartment complex near Canoga and Vanowen at 6701 Eton Ave.
- The Pratt & Whitney Rocketdyne site may also be developed into 4,000 multifamily units which is currently for sale.
View Woodland Hills Development in a larger map
And, is this good or bad for the housing market?
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Marty Mcfly
Anything and everything about the San Fernando Valley. This blog will take you back in time when the valley was covered with dirt and orange groves to a leader in the space race to its current status as America's suburb. Come along and join me on this adventure, I guarantee you have been influenced/impacted by the San Fernando Valley in one form or another even if you have never visited or heard of the SFV.
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