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Trammell Crow to Develop 350-Unit Multifamily at Northridge Fashion Center
Trammell Crow Company (TCC) closed on a 4.78-acre site in Northridge, with plans for a future residential development at the property. High Street Residential, TCC’s residential subsidiary, will develop the 350-unit multifamily building, scheduled to deliver in 2027.
Located at 9450 Shirley Ave., the development site is located on a surface parking lot within Northridge Fashion Center Mall, the fourth largest mall in Los Angeles County with more than 14 million annual visits. The project is expected to break ground in early 2025. It will rise five stories and wrap around an above-grade parking garage.
“We believe that this is one of the best development sites right now in Los Angeles County,” said Alex Valente, principal with High Street Residential. “The location is steps away from the highly activated Northridge Fashion Center Mall – an amenity in and of itself to our future residents. Once complete in 2027, this project will deliver much-needed housing to a vibrant community in Los Angeles, benefitting from the 170+ compelling food and beverage offerings and unique shops and retail experiences next door.”
The sale was brokered by Northmarq’s Los Angeles Multifamily Investment Sales team of Mike Smith, Jim Fisher and Vince Norris.
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