Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.

News

Costco Confirmed to be Anchor Store at Westfield Topanga

Before you read more...
Dear reader, we're asking you to help us keep local news available for all. Your tax-deductible financial support keeps our stories free to read, instead of hidden behind paywalls. We believe when reliable local reporting is widely available, the entire community benefits. Thank you for investing in your neighborhood.

village-westfield-topanga.jpg
Rendering of The Village, via Westfield


Rendering of The Village, via Westfield
It was all but officially confirmed until this week. Costco will be the anchor store for The Village at Westfield Topanga in West San Fernando Valley. The news comes after letters sent to community members last month saying the grand vision for the upscale mixed-use project had been scaled back due to the economy. Originally, the $700 million plan to connect the Topanga and Promenade malls was said to rival Century City.Now the project has been reduced by 45%, from 1.8 million square feet to about one million. Of that, 500,000 square feet of condominium and apartment units were taken out, which pleased Councilmember Dennis Zine. "We have a glut of housing in that area. What we need are developments that create jobs," he said.

But what's being added is a 146,000 square foot Costco, which act as the anchor store for the development. It is scheduled to open in 2012 and is expected to create 300 jobs. The Village plan will also bring an office building, hotel, more retail and dining.