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KB Home Announces Plans For New Luxury Homes On Westside Of Los Angeles

Stocks in this article: KBH

And it’s not just thousands of happy Angelenos who call Playa Vista home. Leaders in gaming, technology and marketing including Electronic Arts, Belkin, Facebook, YouTube and FoxSports.com are among those occupying more than two million square feet of office space in The Campus at Playa Vista. The Los Angeles Clippers professional basketball team has called Playa Vista home since the 2008 opening of their state-of-the-art training facility there. World-renowned aviator and business mogul Howard Hughes and his ‘Spruce Goose’ once called Playa Vista home as well. Today, the hangar space is part of the Hercules Campus and boasts one of the country’s largest soundstages. Advertising execs from up and coming firm 72andsunny along with other entertainment and media companies plan to move into Hughes’ old office space in The Hercules Campus in the coming months.

When Playa Vista professionals and residents are ready for dining out and entertainment, they soon won’t need to leave the neighborhood thanks to the planned “Runway at Playa Vista” lifestyle and entertainment district that new and existing KB homeowners will also enjoy. Construction on the center, which will become Playa Vista’s “downtown,” is anticipated to occupy the equivalent of four city blocks in the final phase and includes new restaurants and boutiques, a gourmet grocery store and 10-screen movie theater. “Runway” will provide a unique and modern addition to existing neighborhood services and conveniences that currently include banking and dry cleaning, Pilates and yoga, a coffee house, restaurants and a branch of the LA public library.

KB Home, in business since 1957, also calls the Westside of Los Angeles home, with its corporate headquarters just a few miles away in Westwood, and is currently the largest publicly traded homebuilder in California based on homes delivered. Homebuyers enjoy KB Home’s signature Built to Order™ experience, during which they can choose their floor plan as well as many of the interior design elements like flooring, cabinetry, lighting and other finishing details. The homebuilder has also become a leader in the industry when it comes to sustainability initiatives, having constructed over 68,000 ENERGY STAR certified home nationwide. It constructed the first LEED Platinum certified homes in Playa Vista last year. KB Home’s approach to its new construction in Playa Vista is anticipated to be equally environmentally conscious and resource-efficient.

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