San Diego-based developer Fairfield Residential has broken ground on a mixed-use apartment complex planned on the former site of the Los Angeles Daily News headquarters near the intersection of Oxnard Street and Canoga Avenue, according to the newspaper.
The new facility at 21221 Oxnard St. in Woodland Hills will be Warner Place, a 379-unit luxury mixed use apartment and retail complex. Original plans also include an office building on the 4.6-acre site.
At 540,000 square feet, Warner Place was the first development approved under the Warner Center 2035 Plan. It was approved in August of 2014.
Associated Estates Realty Corp. of Richmond Heights, Ohio bought the property for $15.4 million in 2014 and was the original developer, but the company was bought by New York-based Brookfield Asset Management Inc. last year. Fairfield is the company’s multifamily development arm.
The Daily News occupied the now demolished 124,000-square-foot building on the site till it left in 2008. Once vacated, the building, built in 1974, became a film location site because of its classic cubicles.