DJM Capital Partners was hired last year to manage the property. Ring in the Lunar New Year at RUNWAY Playa Vista Join us for the highly anticipated 2024 Community Celebration.

Runway is currently owned by Invesco Real Estate, which purchased the mixed-use complex from original developer Lincoln Property Company for $475 million in 2016. The changes to vehicle circulation will be accompanied by other improvements, including new landscaping and a designated ride-share drop-off area.Ĭonstruction is expected to occur over an approximately one-year period. The new configuration for Runway will close portions of its central spines - Runway Road and Town Center Drive - to automobile traffic, redirecting cars toward existing entry points on McConnell, Jefferson, and Village. Current occupants include Cinemark Theatres, Whole Foods Market, and Cedars-Sinai. The approximately 14-acre property includes 420 apartments, 221,000 square feet of retail space, and 35,000 square feet of offices. “With COVID-19, the customer appreciation of online retail is skyrocketing it’s double if not triple in the last seven months, but we’re seeing brands are willing to go back to spend on brick-and-mortar because it’s the quickest way to acquire new customers,” Carini added.įree Market Playa Vista is anchored by the Partons’ own multibrand store Alchemy Works which stocks clothing from the cult Minneapolis-based women’s clothing brand Mille, accessories from Clare V., jewelry from Gabriela Artigas and Lizzie Fortunato and furniture by L.A.’s mid-century specialist Lawson-Fenning.Īlso in Free Market, C Magazine’s Studio C is a curation of luxury California designers Lisa Eisner, Nick Fouquet, Rosetta Getty, Hoorsenbuhs and more which previously popped up in Westfield Century City Please Do Not Enter is the cult L.A.-based source for vintage jewelry and design collectibles Teressa Foglia will sell her custom hats and partner with popular vintage marketplace A Current Affair on a residency vintage motorsports-inspired apparel brand Period Correct will have a vintage Porsche in its selling space and Urbanic Paper Boutique offers stylish gifts and cards.įree Market also has several service and food and beverage options, including facials and beauty treatments from Heyday floral arrangements from County Line Florals, a flower shop and subscription service from actress Abigail Spencer and the Joliet Cafe and Bar from Ben Adams and Alex Meza, who launched the popular Know Where Bar in Hollywood.Last week, DJM Capital Partners broke ground on a $9.1-million makeover of the Runway complex in Playa Vista which will remove automobile travel lanes to create a pedestrian mall.Ĭonsidered to be the commercial anchor of the master-planned Playa Vista community, Runway opened in 2015 along the north side of Lincoln Boulevard between Village Drive and McConnell Avenue.

“We created a format that allows retail to win, because it allows for place making, it allows people to feel OK about being there multiple times a week or day.” We are trying to be the intermediary to make them comfortable coming to such a commercial location,” Raan said of Runway, which also has a Whole Foods, CVS and Starbucks. Located at Silicon Beach’s Runway Playa Vista, Superfine Playa offers a full-service dining experience and counter service weekend brunch. Order drinks from your regular Happy Hour spots, and enjoy live music with your friends & loved ones. “The challenge to traditional commercial real estate is that independent specialty stores can’t speak the same language. Specialties: Chef Steve Samson’s California osteria serving light and bright Italian food that highlights fresh, local produce and true California vibes. Experience Taste of RUNWAY, where you’ll munch on yummy small bites from all your favorite restaurants. Located at the corner of the outdoor Runway Playa Vista center, Free Market has a shop-in-shop format assembled with a locavore’s eye for discovery, similar to that of late retailer Fred Segal. Neighbors Restaurant is a dining establishment nestled in the heart of Runway Playa Vista, led by the skilled expertise of Misael Villa, a seasoned. Lifestyle Site The Retaility Partners With Gwyneth Paltrow's for Mother's Day

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