Citing a lukewarm market for office space in Warner Center, the owner of a landmark office building which was long occupied by insurance giant Anthem Blue Cross is considering redevelopment options for the property.

The 1970s modernist office building, designed by AC Martin, sits amid a sea of surface parking and landscaping at 21555 Oxnard Street.  The 14-story, 450,000-square-foot tower sits atop a semi-subterranean parking garage, and is surrounded by a handful of smaller commercial structures.

Film producer Avi Lerner, owner of the former Anthem Blue Cross building, has not submitted plans to redevelop the property to the City of Los Angeles.  However, a courtesy presentation given last week to the Woodland Hills Warner Center Neighborhood Council's Planning and Land Use Management Committee offers a look at one potential plan for the property.

The initial component of the two-phase project, named Warner Landmark, is the proposed adaptive reuse of the office tower as 140 apartments.  The collection of smaller structures which surround the building would be transformed into restaurant space, amenities, and a 36-key "all-suites" hotel.

Parking for the first phase would be provided entirely within an existing garage beneath the building.

A second phase of Warner Landmark, which would replace a landmarked area to the east of the office building, calls for the construction of dual-branded hotel tower containing 300 guest rooms above a 17,000-square-foot market at ground level.

Renderings of the proposed tower depict a boxy high-rise structure clad in either phenolic panels or white metal.  Cascading terrace levels would line the western side of the building, eventually connecting it to the plaza of the adjacent building.

CallisonRTKL and landscape architecture firm Relm are designing Warner Landmark.

The proposed development is the latest is series of large multifamily and mixed-use projects slated for the Warner Center neighborhood.  East across Canoga Avenue, the Kaplan Companies is pursuing the construction of a hotel and housing complex at current site of a Fry's Electronics store.  To the west at Topanga Canyon Boulevard, Unibail-Rodamco-Westfield SE has secured approvals to raze the struggling Westfield Promenade mall to make way for a series of new high-rise and low-rise structures.

Lerner's Warner Landmark development would only comprise a small portion of the land once occupied by Anthem Blue Cross, which relocated to a different property in Warner Center in 2019.  The Indiana-based insurance giant still owns the roughly 20 acres of land surrounding the building, which has been marketed for sale as an opportunity site for a large, multi-phase development.