The $10 Billion Transformation Coming to Woodland Hills

Rams Village Woodland Hills is one of the most significant proposed developments coming to Warner Center. If you’ve lived in Woodland Hills for any length of time, you know how much Warner Center has already changed. But what is being proposed now could reshape this part of the West San Fernando Valley on an entirely different scale.

The former Westfield Promenade has been demolished, and the Los Angeles Rams and the Kroenke Organization have proposed Rams Village at Warner Center — a massive mixed-use neighborhood centered around the team’s future permanent headquarters and training facility.

The proposed 52-acre development calls for more than 3,000 homes, restaurants and retail, offices, a hotel, entertainment venues, parks and public spaces — all surrounding the Rams’ new permanent home in Woodland Hills. Recent local business reporting has estimated the broader vision at approximately $10 billion.

And this isn’t happening in isolation. Rams Village is part of a much larger transformation already underway across Warner Center.

I’ve lived in Woodland Hills for more than 20 years, and as a local real estate agent, the question I keep coming back to isn’t simply “What are they building?”

It’s “What could all of this eventually mean for Woodland Hills?”

Let’s look at what’s actually planned, what’s already happened, what hasn’t been approved or built yet, and what homeowners should be watching.

What Is Rams Village Woodland Hills?

Rams Village at Warner Center is a proposed 52-acre mixed-use neighborhood being developed by the Kroenke Organization, the company controlled by Los Angeles Rams owner Stan Kroenke.

The project is part of the nearly 100 acres the Kroenke Organization acquired in Warner Center in 2022 and will eventually include the Rams’ permanent headquarters and training facility.

The proposed 52-acre Rams Village would span all or portions of two large blocks in Warner Center, within an area bordered by Erwin Street to the north, Canoga Avenue to the east, Oxnard Street to the south and Topanga Canyon Boulevard to the west.

Rather than thinking of it as simply a new Rams facility, think of it as a proposed new neighborhood within Warner Center — combining housing, restaurants, shopping, offices, entertainment, a hotel, parks and public gathering spaces with the team’s headquarters.

Rams Village by the Numbers

The proposed Rams Village is much more than a new headquarters for the Los Angeles Rams. Here’s a look at the scale of what is currently planned:

52 acres — Proposed Rams Village development

350,000+ SQ FT — Permanent Rams headquarters facilities

150,000 SQ FT — Proposed indoor Rams practice facility

3,000+ homes — Affordable, market-rate, and live/work residential units

5,000 + 2,500 seats — Two proposed indoor performance venues

Up to 2,500 guests — Capacity of the proposed indoor practice facility

Nearly 10 acres — Publicly accessible and community open space

In addition, nearly 2 million square feet is proposed for a combination of retail, office, hotel, and entertainment uses.

Is a Rams Stadium Coming to Woodland Hills?

No — and this is an important distinction.

The Los Angeles Rams will continue playing their NFL home games at SoFi Stadium in Inglewood. What is proposed for Woodland Hills is the team’s permanent headquarters and training facility, not a new NFL stadium.

However, Rams Village would include several spaces capable of hosting spectators and entertainment.

The proposed 150,000-square-foot indoor Rams practice facility could accommodate up to 2,500 guests. The plans also call for two separate indoor performance venues with capacities of approximately 5,000 and 2,500 people, which the Rams say could host events such as concerts, comedy shows, conventions and awards shows.

This distinction is especially important because an earlier redevelopment plan for the former Westfield Promenade property included a much larger entertainment and sports venue. Some older information online can easily be confused with what the Rams are proposing today.

What Happened to Promenade 2035?

Before the Kroenke Organization proposed Rams Village, Westfield had a very different redevelopment planned for the former Promenade property.

Known as Promenade 2035, the approximately 34-acre project proposed up to 1,432 residential units, 244,000 square feet of retail and restaurant space, 629,000 square feet of office space, 572 hotel rooms, approximately 5.6 acres of publicly accessible open space, and a 15,000-seat Entertainment and Sports Center.

That last number is important.

The 15,000-seat venue was part of the previous Promenade 2035 proposal. It is not part of the current Rams Village plan.

So if you’ve heard that a 15,000-seat Rams stadium or arena is coming to Woodland Hills, you may be seeing information from the older Promenade 2035 project mixed together with the newer Rams Village proposal.

Today, the former Promenade mall has been demolished, clearing the site for what could become part of the proposed Rams Village development.

What’s Happening at the Old Promenade Right Now?

If you’ve driven by the former Westfield Promenade recently, you’ve already seen a major change: the old mall has been demolished.

But that doesn’t mean Rams Village is already under construction.

As of September 2026, the proposed Rams Village development is still moving through the City of Los Angeles review and approval process. Construction of the new mixed-use development has not yet begun, and the project will still need to move through the necessary approvals and permitting before the larger vision can become reality.

The Rams are already operating their temporary practice facility in Woodland Hills, which opened in 2024. That facility is separate from the future permanent headquarters and training complex proposed as part of Rams Village.

So today, there are really three different stages to understand: the old Promenade has been demolished, the Rams are already practicing in Woodland Hills, and the much larger Rams Village development is still proposed and moving through the development process.

When Will Rams Village Be Built?

There is currently no single confirmed completion date for the entire Rams Village development.

The Rams have described the project as a multi-phase development that would be built over many years. With a project of this size, individual components — such as the permanent Rams headquarters, residential buildings, retail, entertainment venues and public spaces — could be developed at different times.

Recent reporting has discussed construction potentially beginning in 2027, subject to City approvals and permitting. But with a development this large, timelines can change, so I would not treat any projected date as guaranteed.

And one important clarification: Warner Center 2035 does not mean Rams Village will be completed in 2035.

Warner Center 2035 is the name of the City’s long-term planning framework for the area. Rams Village is one major development proposed within that larger vision.

What Is Warner Center 2035?

To understand why so much development is happening in this part of Woodland Hills, it helps to understand Warner Center 2035.

Warner Center 2035 is the City of Los Angeles’ long-term Specific Plan for Warner Center. The goal is to transform the area from a primarily suburban business district into a more connected, mixed-use regional center where people can live, work, shop, dine, and spend time within the same community.

The plan encourages additional housing, employment, retail, pedestrian-friendly streets, public spaces, and transportation options throughout Warner Center.

That means Rams Village isn’t happening in isolation. It is one major piece of a much broader transformation that has been planned for Warner Center for years.

And that transformation is already visible. New residential development has changed the Warner Center skyline, the Rams have established their temporary practice facility here, the former Promenade has been demolished, and several additional large projects are proposed for the surrounding area.

Rams Village could become one of the most recognizable pieces of that transformation — but it is only one piece of a much bigger story.

What Could Rams Village Mean for Woodland Hills Homeowners?

I’ve lived in Woodland Hills for more than 20 years, and one thing that’s important to understand is that Woodland Hills isn’t one uniform real estate market.

A condo in Warner Center is very different from a single-family home south of Ventura Boulevard. Neighborhoods closer to Calabasas can attract different buyers than properties surrounding the commercial core of Warner Center. Even within a few miles, buyers can be looking for completely different lifestyles.

That’s why I don’t think it’s responsible to simply say that Rams Village will make Woodland Hills home values go up. We don’t know that yet.

What we can look at are the changes a development of this scale could potentially bring.

New restaurants, shopping, entertainment, employment and public spaces could make Warner Center — and Woodland Hills more broadly — more attractive to some buyers. A larger concentration of businesses, housing and entertainment could also bring more attention and activity to this part of the San Fernando Valley.

At the same time, thousands of additional residential units, entertainment venues and commercial uses raise legitimate questions about traffic, density, infrastructure, construction and increased activity around Warner Center.

And those effects won’t necessarily be the same throughout Woodland Hills.

A condo within walking distance of Warner Center may be affected very differently than a single-family home several miles away in the hills.

As Rams Village Woodland Hills progresses, I’ll be watching actual neighborhood-level real estate data — including buyer demand, days on market, pricing, and sales activity — rather than assuming the project will have the same effect on every Woodland Hills property.

Could Rams Village Affect Woodland Hills Home Values?

It could — but the impact is unlikely to be the same for every property or every neighborhood.

Large-scale investment can change how buyers perceive an area. If Rams Village ultimately brings new restaurants, entertainment, public spaces, employment and other amenities to Warner Center, some buyers may place greater value on living close to those conveniences.

On the other hand, proximity can also come with trade-offs. Increased traffic, density, noise, construction activity and changes in neighborhood character may matter to certain buyers, particularly for properties closest to the development.

The type of property matters too. A buyer considering a Warner Center condo may view walkability to restaurants, entertainment and employment as a major benefit, while someone shopping for a quiet single-family neighborhood may evaluate those same changes differently.

Home values will also continue to be influenced by factors that have nothing to do with Rams Village — including mortgage rates, housing inventory, the broader economy, schools, property condition and overall buyer demand.

So rather than assuming Rams Village will automatically raise or lower home values, the better approach is to watch how buyers actually respond as the project develops and compare sales trends neighborhood by neighborhood.

For Woodland Hills homeowners, that’s the data that will ultimately matter.

The Bigger Story: Woodland Hills Is Becoming a Destination

For years, Woodland Hills has primarily been known as a suburban community at the western end of the San Fernando Valley — with established residential neighborhoods, Ventura Boulevard, shopping centers and Warner Center as its commercial core.

That identity is beginning to evolve.

Rams Village proposes something very different: a major NFL organization establishing its permanent headquarters here, surrounded by thousands of residences, restaurants, retail, entertainment venues, offices, a hotel and public gathering spaces.

At the same time, Rams Village is only one of several major developments reshaping Warner Center. New housing has already changed the area, and additional large-scale projects are being proposed nearby.

The bigger story isn’t simply that “the Rams moved to Woodland Hills.”

It’s that Warner Center is gradually evolving from a traditional suburban business district into a denser mixed-use destination where people can live, work, eat, shop and be entertained within the same area.

If the current plans move forward, Rams Village could become one of the most recognizable parts of that transformation — and potentially bring significantly more attention to Woodland Hills from people throughout Los Angeles and beyond.

For someone who has lived here for more than 20 years, that makes the next several years especially interesting to watch.

Rams Village Isn’t the Only Major Development Transforming Warner Center

Rams Village isn’t the only large-scale development changing this part of Woodland Hills.

Just south along Canoga Avenue, Wisteria at Warner Center is a 17-acre senior living Life Plan Community currently under development near Canoga Avenue and Burbank Boulevard. At full build-out, plans call for hundreds of independent living residences along with assisted living, memory care, skilled nursing, dining, amenities and other services.

And another project could be even larger.

A separate development known as Viva L.A. at Warner Center has been proposed farther north along Canoga Avenue. The approximately $2 billion proposal calls for four towers ranging from 34 to 42 stories with nearly 3,200 affordable senior housing units.

These projects are very different from Rams Village, but together they illustrate the scale of investment and development occurring throughout Warner Center.

Rams Village, Wisteria, Viva L.A. and the other residential projects underway or proposed in the area could collectively add thousands of new residents while changing how people live, work and spend time in this part of Woodland Hills.

I’ll be taking a deeper look at Viva L.A. in my next Woodland Hills development update, including what’s proposed, its location, timeline and what Woodland Hills homeowners should know.

What Woodland Hills Homeowners Should Watch Next

Rams Village is a long-term project, and what ultimately gets built — and when — will become clearer as the development moves through approvals, permitting and construction.

For Woodland Hills homeowners, I think there are several things worth watching as the project progresses:

City approvals and permits. These will tell us when different parts of Rams Village are actually moving from plans and renderings toward construction.

The construction timeline. A project of this size is expected to be developed in phases over many years, so some components may arrive much earlier than others.

Restaurants, retail and entertainment. The specific businesses and venues that eventually open could have a major influence on how often people from outside Woodland Hills visit Warner Center.

Traffic and infrastructure. With thousands of new residences and additional commercial and entertainment uses planned throughout Warner Center, transportation and traffic will remain important issues to follow.

Housing and buyer demand. As Warner Center changes, I’ll be watching whether buyer preferences, demand, days on market and sales prices begin showing measurable differences between neighborhoods closer to the development and other parts of Woodland Hills.

Most importantly, I wouldn’t make real estate decisions today based solely on a rendering of what Warner Center may look like years from now.

The plans matter — but what actually gets approved, built and used will matter much more.

As these projects move forward, I’ll continue following the changes and looking at what the actual real estate data tells us.

Thinking About Buying or Selling in Woodland Hills?

If you’re considering buying or selling a home in Woodland Hills, understanding what’s happening around Warner Center is becoming increasingly important.

I’ve lived in Woodland Hills for more than 20 years and work with buyers and sellers throughout Woodland Hills, West Hills, Calabasas and the surrounding San Fernando Valley and Conejo Valley.

Every property and neighborhood is different, and major developments like Rams Village can affect different parts of the community in different ways.

If you’re thinking about making a move — or you’re simply curious about how the changes happening around Warner Center could affect your property — I’d be happy to talk through your specific situation.

Ashkan Shirinkar
Beverly & Company
818-854-0823

Frequently Asked Questions About Rams Village

Is the Rams building a stadium in Woodland Hills?

No. The Los Angeles Rams will continue playing their NFL home games at SoFi Stadium in Inglewood. Rams Village in Woodland Hills is proposed to include the team’s permanent headquarters and training facility, not a new NFL stadium.

The plans do include a roughly 150,000-square-foot indoor practice facility that could accommodate up to 2,500 guests, as well as two proposed indoor performance venues with capacities of approximately 5,000 and 2,500 people.

Where will Rams Village be located?

Rams Village is proposed for Warner Center in Woodland Hills. The approximately 52-acre development would span all or portions of two large blocks within an area bordered by Erwin Street to the north, Canoga Avenue to the east, Oxnard Street to the south and Topanga Canyon Boulevard to the west.

The development includes the site of the former Westfield Promenade, which has now been demolished, along with surrounding property controlled by the Kroenke Organization.

What happened to the Westfield Promenade in Woodland Hills?

The former Westfield Promenade mall in Warner Center has been demolished. The property had previously been approved for a different redevelopment known as Promenade 2035, but the site was later acquired by the Kroenke Organization as part of its larger Woodland Hills holdings.

The former Promenade site is now expected to become part of the proposed Rams Village development. However, demolition of the mall does not mean Rams Village itself is already under construction. The larger project is still moving through the City review and approval process.

How many homes are planned for Rams Village?

Rams Village is proposed to include more than 3,000 residential units, including a mix of market-rate housing, affordable housing and live/work residences.

The housing would be part of the larger mixed-use development alongside the Rams headquarters and training facilities, restaurants, retail, offices, a hotel, entertainment venues, and public open spaces.

When will Rams Village be completed?

There is currently no confirmed completion date for the entire Rams Village development.

The project is expected to be developed in phases over multiple years, and the timing will depend on City approvals, permitting and construction. Recent reporting has discussed construction potentially beginning in 2027, but that timeline could change.

Also, Warner Center 2035 does not mean Rams Village will be completed in 2035. Warner Center 2035 is the name of the City’s long-term Specific Plan for the area, not the Rams Village construction deadline.

Will Rams Village increase home values in Woodland Hills?

It’s too early to know exactly how Rams Village will affect home values in Woodland Hills, and the impact is unlikely to be the same across every neighborhood.

New restaurants, entertainment, employment, public spaces and other amenities could make the area more attractive to some buyers. At the same time, increased traffic, density, construction and activity around Warner Center could be viewed differently depending on the buyer and the property’s location.

A Warner Center condo, for example, may be affected differently than a single-family home south of Ventura Boulevard or farther into the hills.

The best way to understand the impact will be to follow actual sales prices, buyer demand, inventory and days on market as Rams Village and the surrounding Warner Center developments progress.