Real acreage developer Kennedy Wilson has submitted new designs for a residential activity at One Baxter Way, the business esplanade abreast Westlake Boulevard and the 101 freeway, according to a Thousand Oaks Acorn report.
Reflecting nine months of ascribe from Thousand Oaks burghal staff, the new plan, submitted to Thousand Oaks Burghal Council, calls for the aforementioned cardinal of apartments at 240. However, the architecture for the two barrio of residential units has been adapted to one two-story anatomy and addition three-story anatomy rather than the aboriginal three- and four-stories, respectively.
The apartments will be congenital over one akin of underground parking that will serve both buildings. Twenty-nine apartments, or 12 percent of the absolute units proposed, will be adherent to low-income renters.
The acreage is a subset of the 42.9-acre The Oaks parcel. Prudential Insurance Co. originally planned The Oaks acreage as allotment of the Westlake North Ranch Specific Plan, which additionally includes Caruso-owned Westlake Promenade.
Kennedy Wilson has proposed a five-story parking anatomy to the west of the multilevel appointment architecture for use by advisers and visitors. The Caruso close has accustomed the abstraction and Kennedy Wilson’s appliance to the Burghal Council included an endorsement letter from Rick Caruso’s firm.
The abutting footfall on the activity will be for Kennedy Wilson to accept the Council assurance off on a accepted plan alteration that would change the 8-acre parcel’s zoning from automated esplanade to residential.
Because of the coronavirus crisis, any audition would be tentatively set for May. The activity will be several years from architecture should it be approved.
On March 17, the Business Journal appear that Anchor Loans active a charter to backpack its address to One Baxter Way. The house-flip lender will abandon its accepted offices in Calabasas for the new location.
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