Westfield Launches Lifestyle Destination

Last weekend, Westfield successfully opened the 550,000 square foot Village at Westfield Topanga in the West Valley area in Los Angeles. The new lifestyle center offers a unique variety of shopping, dining, events, entertainment and leisure activities, giving local residents and visitors an experience unlike any other in the San Fernando Valley.

The 30-acre Village at Westfield Topanga, which is being called the new “downtown” of the San Fernando Valley, provides a unique, integrated, and community-friendly environment not available elsewhere in the West Valley.  It’s already being compared to The Grove. Features include trendy local fashion and lifestyle brands, top-notch restaurants providing al fresco patio dining, a full-service gym, a spa, a yoga studio, a weekly farmer’s market, and more under a canopy of native trees and shrubbery. Pedestrian walkways and interesting water features lead to children’s play areas, bocce ball courts, and outdoor lounges. There are lightscaped event spaces for special events and entertainment, exhibits by local artists, and year-round music performances.

It’s not just a commercial center  - visitors can enjoy the communal “birthday party table”, hang out in a hanging basket chair, or hop on the trolley connecting the Village with Westfield’s other two properties in the area. Some of these unique features were a result of City-developer-community discussions as to how to make this project not just another retail center, but a destination for the entire community.
 
RSG was hired by the city a few years ago to review the development’s $350 million construction pro forma and fiscal analysis. We also helped to draft the subvention agreement to underwrite the city’s contribution towards the construction. While we didn’t work for Westfield, it’s a good day for the City of Los Angeles and Westfield, and we congratulate the developer, community, and city for their success.  I’m hoping to check it out in person soon.

Written by Jim Simon, a Principal at RSG.