REAL ESTATE

Midwood announces $100 million redevelopment of LA landmark

BY Jennifer Setteducato

What was once a simple fishing destination will soon become a 94,000-sq.-ft. outdoor retail and lifestyle center.

New York-based Midwood Investment & Development announced a $100 million redevelopment plan for The Shops at Sportsmen’s Lodge, in the Studio City neighborhood of Los Angeles. Groundbreaking will begin in August with an estimated opening in fall 2020.

Two brands have already signed on as anchors. Equinox will open a 30,000-sq.-ft. facility, which will include a member lounge for community building, a full-service spa, café and a shop featuring curated athleisure from popular brands. Erewhon Organic Grocer and Café — an independent, family-owned grocer known for their support of local farmers and brands — will occupy about 11,000 sq. ft. of space.

Designed by Gensler and OLIN Studio the center will feature landscaped courtyards and common gathering spaces.

“Studio City and the surrounding area offers retailers and restaurants a rare combination of vibrant daytime population, tourism and an affluent, discerning local customer base,” said Ron Bondy, executive VP of leasing. “The Shops at Sportsmen’s Lodge will offer a varied array of dining choices and a unique array of brands catering to health-and-wellness. In the mix will be a variation of on-trend and contemporary retailers that complement the upscale causal lifestyle of the Studio City customer.”

According to the Los Angeles Times, the location has a long history as a destination for recreation. In the 1880s it was a popular spot for fishing. In 1913, it founded Hollywood Trout Farms, which featured ponds and a bait-and-tackle shop. In 1946 it reopened as Sportsmen’s Lodge after adding a kitchen and dining room.

Midwood helped build the adjacent Sportsmen’s Lodge Hotel in 1962. The hotel will continue to remain open through the construction of the project.

keyboard_arrow_downCOMMENTS

Leave a Reply

No comments found

TRENDING STORIES

Polls

Do you expect your business to be challenged by the ongoing escalation of the the heightened U.S.-China trade dispute?