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Village at Westfield Topanga Drops Its Hotel in Woodland Hills

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The Village at Westfield Topanga, a suburban-style mixed-use development in Woodland Hills, has been supremely controversial from day one. Having lawsuits, broken ground on a Sizzler community center, and netting some hefty tax breaks, the project is now dropping a hotel from its plans, reports The Daily News. The hotel component was at least part of the reason the city offered developer Westfield $59 million in tax breaks for the project, which will also include a Costco, additional stores, restaurants, a gas station ('cause there are so few of those in the Valley), and office space. Westfield said the planned hotel, a 158-room Hyatt, is not financially feasible anymore, but another hotel could possibly pencil out in the future. Councilmember Bob Blumenfield still supports the project even without the Hyatt, saying that the project will still bring in tax revenue (a good chunk of which will stay with Westfield!). He's probably antsy to get this thing moving—it's been gestating for more than three years and won't finish until fall 2015.
· Westfield drops hotel plans at Village at Westfield Topanga [LA Daily News]

Village at Westfield Topanga

Owensmouth Ave. & Victory Blvd., Woodland Hills, CA