by Kevin Wittig
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The secret is out. Playa Vista is one of the hottest commercial real estate submarkets in all of Los Angeles. The graphic below is a brief overview of companies relocating to Playa Vista and where in the submarket they are located.
Playa Vista Zoning Legend:
Playa Vista, a 1,087 acre master-planned development in West Los Angeles, is the first new master-planned community to be established in the area in more than 50 years.
Natural Preserve: including Ballona Wetlands, Riparian Corridor and Westchester Bluffs. This area is preserved as natural habitat and not entitled for commercial development.
Phase I: This area includes over 3,100 completed residential homes, townhomes, condominiums and apartments as well as Concert Park, restaurants, amenities and public facilities.
Phase II: The Village (under construction): to include 2,800 residential units, 220,000 SF of retail in the Town Center, and 100,000 SF of community/service office space.
Commercial: existing projects – 5300 McConnell, The Reserve, The Bluffs at Playa Vista, I/O, The Campus at Playa Vista, and The Collective with more properties coming soon.
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