Westfield Announces New Century City Vision
Ambitious Development Plans Released

  March 15, 2006

Westfield Corporation announced plans for a major development effort in Century City.  The plans include the demolition of both 1930 Century Park West and 1801 Avenue of the Stars.

A parking garage would replace 1930 Century Park West while a new 40-story, 260 unit residential condominium building would replace 1801 Avenue of the Stars.  Parking for all three properties would be merged and operations integrated.

The plans call for the renovation of the balance of the Century City mall, the addition of a second story on all remaining one-story retail space and a complete redesign of the mall's exterior on Santa Monica Boulevard.  Westfield also plans to include more open space within the mall.

The new development plans come as the Westside faces numerous new large development projects.    Currently, JMB is planning two 47 story residential towers at Constellation and Avenue of the Stars, Related is planning a 40 story residential tower to replace the St. Regis hotel, The government is planning a new 1,000,000 square foot FBI headquarters at Wilshire & Veteran and a mixed-use project has been announced for the Robinsons/May property at Wilshire & Santa Monica in Beverly Hills.

Westfield will be seeking to merge the three parcels (Century City mall, 1930 Century Park West and 1801 Avenue of the Stars) into one large parcel.  Details on how this will impact development rights as defined within the Century City North Specific Plan are still unclear.

The Westside has faced almost non-stop large development with Constellation Place/MGM, 2000 Avenue of the Stars, Westfield Phase 1 and the Santa Monica Boulevard Transit Parkway Project. 

The Tract 7260 board will provide more information as it becomes available.

Reprinted with permission from www.Tract7260.Org