daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine | posting guidelines

Go Back   SkyscraperCity > Continental Forums > North American Skyscrapers Forum > United States > West Coast and Interior West > Local Forums > Los Angeles > Metropolitan Forums > The West Side

The West Side West Hollywood | Beverly Hills | Century City | Venice | Santa Monica | Malibu



Global Announcement

As a general reminder, please respect others and respect copyrights. Go here to familiarize yourself with our posting policy.


Reply

 
Thread Tools
Old March 16th, 2006, 12:30 AM   #1
LosAngelesSportsFan
Moderator
 
LosAngelesSportsFan's Avatar
 
Join Date: Oct 2004
Location: Los Angeles
Posts: 3,961
Likes (Received): 858

New 42 Story Tower - Century City

Another one for CC!! Thats at least 3 40 (1 37 story as well) story residentials for CC that are proposed!




Business News

Print E-mail story Most e-mailed Small Text SizeSmall Text Size Regular Text SizeRegular Text Size Large Text SizeLarge Text Size Change text size
Condos for Those Who Live to Shop?
Westfield plans to add 260 luxury units at its Century City mall by razing an officer tower.
By Roger Vincent, Times Staff Writer
March 15, 2006

It seems like some people live at the mall. Now, they can.

Shopping center owner Westfield Group announced plans Tuesday to add 260 luxury condominiums at its Century City mall by razing two office buildings to create more space for the condos and new stores.

ADVERTISEMENT
The $500-million project reflects a trend in which malls are being transformed into self-contained villages. From California to Massachusetts, the largest mall operators are looking for ways to stack housing within their shopping centers.

In Southern California, where housing sites are more scarce than a bargain home, the trend is taking off. Projects have been built in or are planned for Pasadena, Glendale and Playa Vista.

Public officials and planners often support such dense development because it creates urban communities with shopping, housing and entertainment that are alternatives to conventional suburban neighborhoods. Many nearby homeowners fear that the bigger malls would cause traffic congestion and diminish their quality of life.

But Peter Lowy, head of U.S. operations for Westfield, argued Tuesday that by eliminating office space, the Sydney, Australia-based company would reduce the number of car trips people take in and out of workplaces in Century City. Trips created by the housing and shopping would be less likely to take place at peak commuting hours, he said.

Westfield, the largest shopping center owner in California, bought the 42-year-old Century City property in 2002 when it was "a dated outdoor mall," by Lowy's reckoning. The company has completed much of a $150-million makeover that includes new theaters, a new restaurant area and additional stores.

The latest proposal calls for dismantling Gateway West, a 14-story tower completed in 1963 that was one of the first office buildings in Century City. The tower is at the southwest corner of Avenue of the Stars and Santa Monica Boulevard.

It would be replaced with three stories of shops and a 42-story tower that would include three floors of office space and 260 condominiums. Prices for the units wouldn't be set until their projected completion in 2010 or 2011. Current prices for some condos in Century City top $2 million. It will take Westfield at least a year to get the development approved by the city.

A new three-level collection of stores would be created south along Santa Monica Boulevard and elsewhere in the mall, adding 360,000 square feet of shops and increasing the retail space by more than one-third.

Westfield plans to knock down the five-story office building at the northeast corner of Century Park West and Constellation Boulevard built in 1966 and replace it with a five-story parking structure. The project would add a combined 1,760 parking spaces.

"You're re-creating, in effect, a town center," said John McIlwain, a senior fellow at the Urban Land Institute, a land-use think tank in Washington. "I think it's a smart thing to do for the community. L.A. needs as much housing as it can find in appropriate places."

Planners are focusing less on living and working at the same site and more on offering services and entertainment to residents after they come home and park their cars, McIlwain said.

"People change their jobs more than they do their houses now," he said.

Los Angeles City Councilman Jack Weiss, whose district includes Century City, said the project would improve the neighborhood's appeal as a Westside destination and add life to the "sterile" office district that mostly empties out after dark.

"When someone wants to invest a half a billion dollars in the neighborhood, it's a rising tide that lifts everyone," Weiss said.

Shopping center developer Rick Caruso said he wished he had included housing when he built the Grove a few miles away in 2002. Instead, an apartment developer across the street cashed in on the Grove's popularity. Caruso says he plans to include residences in his projects whenever he can.

"It's all driven by demand from consumers," including young professionals and adults whose children have left the nest, Caruso said. "The No. 1 request we get from people at the Grove is whether they can live there."

Caruso intends to build luxury housing in his malls in Glendale, Playa Vista and Albany, Calif. He dropped plans for housing at his planned project in Arcadia after opponents including Westfield said the new residents would strain local schools.

Housing with malls probably wouldn't work in a suburban setting, Caruso said, but Century City would be an attractive place to live. "If Westfield builds a good product, I think they will do well," he said.

Nearby homeowner Stacy Antler is apprehensive, however, about the potential effect of development at the shopping center and other sites in Century City. Two other condominium projects including more than 600 units are in planning stages.

"We are heading toward the status of Manhattan, where everything is completely gridlocked and no one can get in and out anywhere," said Antler, a longtime resident of Cheviot Hills. "How is this manageable? Are they going to give everybody a jet pack?"

Westfield's plan is an example of how traditional malls can prosper and stave off the demise predicted for them because of the mini-mall, department store closures and the rise of outdoor centers like the Grove, said Patrice Duker, a spokeswoman for the International Council of Shopping Centers. "It shows the regional mall is not an antiquated model," she said.
LosAngelesSportsFan no está en línea   Reply With Quote

Sponsored Links
Old March 16th, 2006, 04:00 AM   #2
PotatoGuy
Registered User
 
PotatoGuy's Avatar
 
Join Date: May 2005
Location: Madrid, Sp - OC, CA
Posts: 1,212
Likes (Received): 4

very cool
__________________
"Ignorance is Bliss"
PotatoGuy no está en línea   Reply With Quote
Old March 16th, 2006, 04:28 AM   #3
Fern~Fern*
Non-Registered User
 
Fern~Fern*'s Avatar
 
Join Date: Nov 2005
Location: ☆California☆
Posts: 7,995
Likes (Received): 489

[QUOTE=LosAngelesSportsFan]Another one for CC!! Thats at least 3 40 (1 37 story as well) story residentials for CC that are proposed!

Business News

Nearby homeowner Stacy Antler is apprehensive, however, about the potential effect of development at the shopping center and other sites in Century City. Two other condominium projects including more than 600 units are in planning stages.

"We are heading toward the status of Manhattan, where everything is completely gridlocked and no one can get in and out anywhere," said Antler, a longtime resident of Cheviot Hills. "How is this manageable? Are they going to give everybody a jet pack?"




I read this article on the LA Times this morning. I was like way to go Century City......... Then I got to this part of the article

Is this broad for real???
__________________
...nuts anyone, nuts in your mouth
by Flight Stewardess
Fern~Fern* no está en línea   Reply With Quote
Old March 16th, 2006, 04:42 AM   #4
spicytimothy
...::HK.:.:.:.LA::...
 
Join Date: Dec 2003
Location: Hong Kong / Los Angeles
Posts: 1,527
Likes (Received): 7

nice
love the idea!
__________________
"Image Is Just Your Imagination. Reality Is Rarely Revealed."
spicytimothy no está en línea   Reply With Quote
Old March 16th, 2006, 04:45 AM   #5
solongfullerton
Registered User
 
Join Date: Nov 2005
Posts: 290
Likes (Received): 1

this seems like a great idea, but who will really be able to afford to live in these places? also, i hear so much about residential towers going up, but there are still alot of vacancies in the buildeings in century city and high rises throughout the city. i really hope there is not backlash in the future.
solongfullerton no está en línea   Reply With Quote
Old March 16th, 2006, 05:27 AM   #6
PotatoGuy
Registered User
 
PotatoGuy's Avatar
 
Join Date: May 2005
Location: Madrid, Sp - OC, CA
Posts: 1,212
Likes (Received): 4

Quote:
Originally Posted by solongfullerton
this seems like a great idea, but who will really be able to afford to live in these places? also, i hear so much about residential towers going up, but there are still alot of vacancies in the buildeings in century city and high rises throughout the city. i really hope there is not backlash in the future.
I know, and like not only in Century City but like everywhere in the LA area, like theres all these new residential buildings going up all over the place. Theres a ton being built here in oc and like i recently read OC Metro that they're building 14 buildings in the "Platinum Triangle" area and they're each going to be from 23-37 stories high! I was like, whoa! like, is there really such a demand? and like its not only in Anaheim, like theres a bunch of new buildings going up near UCI on Jamboree and another bunch near John Wayne.
__________________
"Ignorance is Bliss"
PotatoGuy no está en línea   Reply With Quote
Old March 16th, 2006, 12:08 PM   #7
LosAngelesSportsFan
Moderator
 
LosAngelesSportsFan's Avatar
 
Join Date: Oct 2004
Location: Los Angeles
Posts: 3,961
Likes (Received): 858

there is Plenty of demand and its only gonna get worse considering we are built out as much as possible, yet LA county is the fastest growing county and peope are still flocking ot Southern California. Almost all the projects in DTLA are either sold out or close to it, same with Hollywood and wilshire and LB. oh and the office vacancy rates are very good right now, with oit down to 14% in DTLA, which is the best its been in years and only getting better and lower in Century City.
LosAngelesSportsFan no está en línea   Reply With Quote
Old March 17th, 2006, 12:37 AM   #8
tmac14wr
Registered User
 
tmac14wr's Avatar
 
Join Date: Oct 2004
Location: Boston / São Paulo
Posts: 571
Likes (Received): 28

Quote:
Originally Posted by PotatoGuy
I know, and like not only in Century City but like everywhere in the LA area, like theres all these new residential buildings going up all over the place. Theres a ton being built here in oc and like i recently read OC Metro that they're building 14 buildings in the "Platinum Triangle" area and they're each going to be from 23-37 stories high! I was like, whoa! like, is there really such a demand? and like its not only in Anaheim, like theres a bunch of new buildings going up near UCI on Jamboree and another bunch near John Wayne.
I'm not trying to be a jerk...but do you have to say 'like' so much?
tmac14wr no está en línea   Reply With Quote
Old March 17th, 2006, 01:06 AM   #9
pottebaum
Minneapolis
 
Join Date: Sep 2004
Location: Minnesota
Posts: 2,032
Likes (Received): 4

Haha, I'd live at the mall for the food court alone!
pottebaum no está en línea   Reply With Quote
Old March 17th, 2006, 02:10 AM   #10
Imperfect Ending
Or is it?
 
Imperfect Ending's Avatar
 
Join Date: Apr 2003
Location: Portland, Oregon
Posts: 10,759
Likes (Received): 452

eeewwww those two suck
Imperfect Ending no está en línea   Reply With Quote
Old March 17th, 2006, 02:44 AM   #11
PotatoGuy
Registered User
 
PotatoGuy's Avatar
 
Join Date: May 2005
Location: Madrid, Sp - OC, CA
Posts: 1,212
Likes (Received): 4

Quote:
Originally Posted by tmac14wr
I'm not trying to be a jerk...but do you have to say 'like' so much?
hehe, it's in my system
__________________
"Ignorance is Bliss"
PotatoGuy no está en línea   Reply With Quote
Old March 17th, 2006, 03:23 AM   #12
Robert Stark
BANNED
 
Robert Stark's Avatar
 
Join Date: Dec 2005
Posts: 957
Likes (Received): 5

I would like to see more around westwood, but I herd concilman Weiss set a cap at 6 st. There is a large construction site in WWV right now, but it will be low rise condos. it is btwn the Ralph store, and The former Monty building.
Robert Stark no está en línea   Reply With Quote


Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Related topics on SkyscraperCity


All times are GMT +2. The time now is 03:51 PM.


Powered by vBulletin® Version 3.8.11 Beta 4
Copyright ©2000 - 2017, vBulletin Solutions Inc.
Feedback Buttons provided by Advanced Post Thanks / Like (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2017 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu