Hollywood Park: 300-Acre Village

LOS ANGELES—Hollywood Park is going to be a “300-acre village,” according to its developer, Wilson Meany. At Allen Matkins eighth annual View from Top conference, Wilson Meany's co-founder and managing partner Christopher Meany and director of development Gregory Whitney talked about their vision for the project.

“Hollywood Park will be a principal entertainment zone with retail and open space that we think can touch almost everyone,” said Chris Meany. “We are creating a 300-acre village.” On the former site of the Hollywood Park racetrack, the project has 3,000 residential units, a 300-room hotel, 620,000 square feet of retail, a 120,000-square-foot casino, 25,000 square feet of office space and 10,000 square feet of community space. According to Meany, the site is large enough to house two Vatican Cities. The project broke ground in 2014, and Wilson Meany expects to deliver the massive mixed-use campus in 2023.  

Causing much of the buzz, the project also includes a stadium, which is a hopeful candidate to house an NFL football team. “Did you know that Los Angeles doesn't have a football team,” Meany joked. “We think this would be a good fit for a team to come back. Around the country, football teams form the center of their communities.”

For Wilson Meany, the project's central location is key. Although Inglewood hasn't had as much development as other parts of the Los Angeles area, it is centralized to almost every neighborhood and has a diversity of socio-economic backgrounds within a 10-mile radius. “This is a part of L.A. that has been left behind from a retail perspective,” explains Meany. This project aims to change that.

The retail portion of the project, according to Whitley, will be completed in two phases. Housed in a number of plazas scattered throughout the site, the retail will be a sophisticated and modern design that welcomes the community.

Wilson Meany is developing the park with its joint venture partners Stockbridge Capital and the Kroenke Group.