Westfield Corp. has developed some of the most upscale malls in Los Angeles County, and it is adding the Village at Topanga complex in Woodland Hills to the list.
The mall will open next month and consists of a large street of outdoor retail along Victory and Topanga Canyon boulevards that will bring 88 new tenants to Warner Center.
While traditional malls consist of two large anchor stores connected by a walkable hall lined with smaller shops, Westfield’s plan is to take the Village to the next level. The outdoor mall will act as a connector between Westfield’s Topanga and Promenade malls, combining the three properties and totaling more than 300 tenants – about twice the number of Westfield’s Century City mall or its Fashion Square in Sherman Oaks. The developer anticipates the three adjacent properties combined will bring in 20 million shopper visits and ring up $1.3 billion in sales every year.
The $350 million project will make Woodland Hills one of the top retail hubs in the United States, said Larry Green, Westfield’s senior vice president of U.S. development.
“The Village was designed to be a hangout, a great place to come, meet with friends and socialize,” Green explained. “You’ve got this mix of tenants that’s going to make it a real vibrant place at almost all hours.”
Read the complete story in the August 10 edition of the San Fernando Valley Business Journal.