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$1.5B Warner Center Promenade 2035 MXU Stadium District Advances

Unibail-Rodamco-Westfield received a unanimous approval from the L.A. City Planning Commission for Promenade 2035, a mixed-use project in Woodland Hills’ Warner Center. A featured component of the proposed $1.5-billion development is a 7,500-seat sports and entertainment venue, with a partial roof or an enclosed 10,000-seat arena.

The 34-acre site would also include an urban district with nearly 1,400 residential units, 731,500 square feet of office space, 280,000 square feet of retail and restaurants and 572 hotel rooms. Promenade 2035 would replace the current Westfield Promenade mall.

The developer sees the stadium as a catalyst for economic growth that will attract additional investment in Warner Center. The facility will include dedicated space for cultural programming and community events.

The project now advances to L.A.’s Planning and Land-Use Management Committee, and must secure an approval from the L.A. City Council. The developer anticipates launching the project in multiple phases beginning in the 2021 to 2022 frame.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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