In October 2023, California Landmark Group filed an application with the City of Los Angeles to build small lot homes on a large commercial property on Ventura Boulevard in Woodland Hills. More than seven months later, citing shifting land use regulations and changing market demands, the developer is looking at new alternatives for the site.

The project, to be detailed in a courtesy presentation to the Woodland Hills Warner Center Neighborhood Council's Planning and Land Use Management Committee, relates to an approximately 3.88-acre site located at 21241 W. Ventura Boulevard, which is zoned for a combination of low-scale commercial uses and surface parking. At the current time, California Landmark Group is considering two different scenarios for the redevelopment of the site:

In one option, CLG would build townhome-style condominiums - including 126 three-story dwellings, with seven to be set aside for very low-income households. That option, similar to the 111 small lot homes proposed by the current entitlement application, would also include dedicated parking and open space.

In a new second alternative, CLG is considering a larger mixed-use complex, consisting of a seven-story building featuring 578 apartments - including 48 very low-income affordable units - above 7,400 square feet of ground-floor commercial space and two levels of parking.

The surrounding stretch of Ventura Boulevard has seen little development in recent years due in part to the land use regulations imposed by the Ventura-Cahuenga Corridor Specific Plan. However, new zoning proposed by the pending update to the Southwest Valley Community Plans could enable to the construction of larger developments on the corridor, including large mixed-use buildings on sites where they are not currently permitted by zoning, such as 21241 Ventura.

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