State Supreme Court Clears Way for Development of The 111-Acre Playa Vista Community's Final Phase
Free of legal challenges for the first time in more than a decade, developers are moving forward on the second phase of the Playa Vista development on a 111-acre site south of Marina del Rey.
The California Supreme Court declined to hear a second challenge by environmentalists of the commercial portion of the Playa Vista, the last major master-planned development to be built on the Los Angeles coast.
Playa Capital Co. confirmed that the first major project in the Village at Playa Vista will be a 14-acre retail project called Runway at Playa Vista, developed by Lincoln Property Co. with partners Phoenix Property Co. and Paragon Commercial Group.
Located between Marina del Rey and Westchester in West Los Angeles, the site will include a 200,000-square-foot shopping center, about 50,000 square feet of office space
, 2,600 residential units and 200 senior assisted-living units. Work at the site, once owned by billionaire and aerospace pioneer Howard Hughes, will begin in June with construction of the shopping center, 420 apartment units and 25,000 square feet of office space.
Lincoln Property has served as active builder at Playa Vista since 2006. Scott Johnson of Johnson Fain is the lead architect for the site. CBRE is leading efforts to secure retail and office tenants.