Ground Breaks on $150M Mixed-Use Project in Suburban LA
ByTen years in the making, the 345,000-square-foot The Vineyards at Porter Ranch mixed-use project in the San Fernando Valley area of metropolitan Los Angeles, just took a big step toward realization. Developer Shapell Liberty Investment Properties, a joint venture of Shapell Properties and Liberty Building Co., held a groundbreaking ceremony for the luxury $150 million project.
Originally named the Village at Porter Ranch, The Vineyards will be a live-work-play destination within the upscale Porter Ranch master planned community. The project will feature a 266-unit apartment complex, a 120-key hotel, a 50,000-square-foot medical office building housing Kaiser Permanente and, as its centerpiece, a 215,000-square-foot open-air shopping center…