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California  + Retail  | 

Runway Playa Vista Set for Revisioning, Car-Free Transformation Planned

San Jose-based DJM Capital Partners, Inc. forged an agreement with Invesco Real Estate to reimagine Runway Playa Vista, the 14-acre, mixed-use development on Los Angeles’ Westside. The new configuration, which is is expected to be completed early next year, will make Millennium Drive car-free.

Invesco, which purchased the property in 2016, has entrusted DJM with property management, development, construction, leasing, marketing, programming and branding for Runway Playa Vista. The DJM team includes Stenn Parton, who will oversee the project, along with Kloe Colacarro and Chad Cress.

Parton says, “We are very excited to bring our unique vision for engaging retail environments to Runway.”

The $9.1-million redevelopment will result in a transformation from a “vehicle-dominated” environment, to a “pedestrian-dominated” landscape with extensive outdoor seating and common area amenities. The property at 12775 Millennium Dr. is comprised of more than 220,000 square feet of retail space that’s anchored by Whole Foods Market and Cinemark Theaters.

For comments, questions or concerns, please contact Dennis Kaiser

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

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