Shapell Properties and Liberty Building have started works on a new $150m upscale shopping, entertainment, and lifestyle centre in the city of Los Angeles, California, US.

The Vineyards at Porter Ranch will be built as a joint venture (JV) between the companies, which have been long-term partners in developing Porter Ranch.

To be spread over an area of 345,000ft², the Vineyards will house high-end restaurants and retail shops, a Whole Foods Market, along with a medical centre and hotel.

The main, open-air shopping centre is expected to be completed in late 2018, with plans to complete future phases, including the hotel and apartment community, by 2020.

The Vineyards will also have a centre green for community events and a 4,000ft community room.

"The Vineyards will be a sophisticated, pedestrian-oriented retail experience that not only will serve as a central gathering spot for Porter Ranch residents but also as the prime choice for higher-end shops and restaurants."

Shapell Properties vice-president John Love said: "The Vineyards will be a sophisticated, pedestrian-oriented retail experience that not only will serve as a central gathering spot for Porter Ranch residents but also as the prime choice for higher-end shops and restaurants serving this entire region.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The 50,000ft² LEED-Gold-certified medical office building will be occupied by American health care provider Kaiser Permanente.

In addition to a 120-room hotel, the Vineyards at Porter Ranch features a 266-unit apartment complex and a movie theatre.

The solar panels on rooftops will generate electricity to power the complex, which will have a rainwater capture and irrigation recycling system, as well as electric car charging stations.


Image: The Vineyards at Porter Ranch will feature upscale shops, high-end restaurants, a medical centre, offices, luxury apartments and a hotel. Photo: courtesy of PRNewsfoto / Shapell Liberty Investment Properties.