Mixed-use Project Proposed for Vacated Daily News Headquarters in Woodland Hills

The Woodland Hills Warner Center Neighborhood Council announced the approval of its first development under the Warner Center 2035 Specific Plan. The developer, Associated Estates of Richmond Heights, Ohio, has proposed a mixed-use development for the site located at 21221 Oxnard St. The site is currently occupied by a vacant 124,000 square foot office building – the former headquarters of Daily News who sold the building to Hearst Communications Inc. of New York in 2007. The first phase of construction will focus on a five-story, 379 unit apartment building. The second phase will add a nine-story 71,000 square foot office tower.

The local neighborhood council was particularly pleased with the project’s adherence to their specific plan for the area while requiring no deviations from the city’s land use rules. The development also significantly boosts the residential landscape of the area. The Warner Center currently has just fewer than 10,000 units, with the plan raising that number to 20,000. The city estimates that this housing increase will attract approximately 42,000 new residents and drive the creation of 49,000 new jobs.

The Warner Center neighborhood totals 1.5 square-miles. The plan will divide this area into eight districts, each with their own commercial, residential, and retail uses.

Source: http://www.sfvbj.com/news/2014/jun/03/developer-proposes-mixed-use-old-daily-news-hq/

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