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By Jessica Keating, jkeating@insidevc.com
August 2, 2003
A long-awaited and hotly debated
complex with shops and restaurants could begin taking shape on
the dirt lot next to the Thousand Oaks Civic Arts Plaza as early
as this fall.
Caruso Affiliated Holdings, the
Santa Monica development firm behind the project, hopes to break
ground in November.
Company spokesman Rick Lemmo
said the project promises to improve upon Caruso's popular "town
center" development style.
"If you look at other Caruso
projects, this will have an even higher level of park amenities,"
Lemmo said. "It is truly going to create a center of the
town."
Caruso, among others, built the
Promenade at Westlake and the Commons at Calabasas.
The 48,000-square-foot Thousand
Oaks complex, set to open Nov. 15, 2004, on the east side of
City Hall, will include a plaza, informal performance stage or
amphitheater, clock tower, lake and an ice-skating rink. As approved
by the Thousand Oaks City Council in July 2002, a movie theater
and parking garage
could be built later.
Councilman Dennis Gillette said
he's anxious to see the finished water features, which are expected
to draw residents to the center.
"That, to me, will be the
crown jewel of the project," Gillette said, remembering
the popularity of the ice-skating rink that was temporarily installed
by the Alliance for
the Arts, the fund-raising arm of the civic arts plaza, during
the 1998 winter holidays.
Creating a gathering place for
Thousand Oaks residents has been a long-standing goal for the
council. Three years ago, leaders turned to Caruso to help create
the town center they feel the city lacks.
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