High Street Depot, a new mixed‑use complex in Moorpark, California, has turned a long‑stalled redevelopment site into a residential and retail hub for the city’s historic downtown.
Developed by The Daly Group next to a train station, the project has won a 2026 CoStar Impact Award, as voted on by judges with knowledge of the market.
The project includes 79 apartments and 11 street‑level retail spaces, all designed with architectural cues drawn from Moorpark’s past. Its 300 feet of storefronts were arranged to encourage foot traffic and support small business activity.
Because the city required the retail spaces to be leased only to local operators, the team pursued a hyperlocal marketing strategy. Outreach targeted tenants who could bring neighborhood character and stay invested in High Street over the long term.
Getting the project off the ground wasn’t easy. The site, once owned by the city’s redevelopment agency, took three years of negotiation to acquire and came with strict rules on design, land use and tenanting.
About the project: The development team coordinated with the adjacent railroad to ensure the project could be safely developed next to the active rail line. These efforts ultimately helped position the property as a transit‑oriented development, allowing residents to live within walking distance of the train station.
What the judges said: "The Development took a potentially undevelopable piece of property and added value by working with the local municipality to find a way to develop the land and add value to the community," said Daum Commercial Executive Vice President Kevin Tamura.
They made it happen: The Daly Group's Vince Daly; DiCecco Architecture's Mark DiCecco developed the property; and Illi Commercial Real Estate's Ken Simons and Kim Simons helped lease it.