Tall & Urban News

High-Rise Complex Planned for Landmark Los Angeles Mall

Los Angeles. CC-BY-SA.
Los Angeles. CC-BY-SA.
13 May 2022 | Los Angeles, United States

Primestor Development, which owns the approximately 20-acre (8-hectare) Panorama Mall at 8401 N. Van Nuys Boulevard, filed plans in April of 2022 with the City of Los Angeles to redevelop the property with nearly 4.5 million square feet (418,063 square meters) of residential, hotel, and other commercial uses. Existing improvements, which include roughly 143,000 square feet (13,285 square meters) of retail and restaurant space, as well as surface parking for 1,305 vehicles, would give way to a phased development consisting of 3,544 residential units; 125,000 square feet of retail space; 70,000 square feet of food and beverage space; 90,000 square feet of entertainment uses; 125,000 square feet of office space; 230,000 square feet of medical uses; and a 100,000-square-foot (9,290-square-meter), 120-room hotel.

Excluded from the project are a retail building now occupied by a Walmart, as well as a restaurant at the intersection of Van Nuys and Roscoe Boulevards. Per findings included with the project application, the multifamily housing would include a mix of market-rate, senior, low-income, workforce, and dormitory units. Roughly 20 percent of the total housing, or just over 700 residential units, would be restricted low-income affordable housing.Proposed commercial uses would include a fitness center, restaurant space, a movie theater with up to 2,300 seats, a recording or movie studio, medical offices, and room for either a banquet hall or a museum.

For more on this story, go to Urbanize LA.