After making a $325-million deal for the Village shopping center, Rams owner Stan Kroenke is set to develop a massive mixed-use complex in the San Fernando Valley.
Rams owner Stan Kroenke has escalated his property buying spree in Woodland Hills with the $325-million purchase of an outdoor shopping center.
The Rams owner’s purchase of the Village, above, further signals the billionaire’s intention to build a second sports-centric development like the one around SoFi Stadium in Inglewood. The company still owns Westfield Topanga, another mall near Kroenke’s recent acquisitions. Other prominent neighbors are the Warner Center Towers office complex and a hotel, Warner Center Marriott Woodland Hills.
“There are not many land sites sold around Los Angeles County that are 100 acres with this kind of density and location,” he said.
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