2023 Fall Issue of Urban Land - 124

Valencia Town Center
was developed by
JMB Realty's Urban
Shopping Centers
and opened in 1992.
Westfield bought it
in 2002. The 60-acre,
1 million square feet
mall sold in September,
2023 for $195 million,
$4 million over the
debt, after UnibailRodamco-Westfield
defaulted
on the loan.
The buyer, Centennial
Real Estate, plans to
turn it into a live-workplay
destination with
offices, apartments,
and entertainment
spaces.
yards,' with houses of the same shape, dimension,
and scale, " according to Brill's essay.
It was a town deeply rooted in the idealized
family of The Adventures of Ozzie and Harriet-the
perfect place to raise a family, with
churches of every denomination, and neighborhood
schools and parks that children could
walk to safely.
Like many a graying inner-ring suburb,
Lakewood goes through cycles of decline
and then recovery. When the defense industry
downsized in the 1980s, many of its white
middle-class breadwinners, who worked in the
aircraft industry (Boeing and McDonnell Douglas),
at the port, and on the Naval base, lost
their jobs.
Today, Lakewood is recovering and benefiting
from an influx of immigrants. Median
house prices are $620,000, and the demographics
are 46 percent white, 34.3 percent
Hispanic, 8.6 percent Black, 18.4 percent Asian,
and 11.1 percent biracial, according to the U.S.
Census Bureau in 2022.
The city is undergoing redevelopment
and revival driven, in part, by overhaul of the
main shopping area and the industrial area
around the plants, and by residential development.
More than 300 " mother-in-law " units
are under construction, thanks to the state of
124
URBAN LAND FALL 2023
California's accessory dwelling unit (ADU) law
that allows a second unit to be built on every
single-family-zoned parcel.
Community Development Director Abel
Avalos notes that Lakewood is famous for
being the first contract city-where government
services were contracted from the
county rather than being provided directly by
the municipality.
Don Waldie, who retired as Lakewood's
public information officer after 30 years, says
that Lakewood was made specifically for
young working-class families. " It is designed
on a rectilinear grid where homes, parks,
schools, and shopping are unusually well integrated. "
Early residents created a plethora of
community organizations- " bowling together. "
The community spirit contributed to the early
incorporation of the new town as a municipality.
Waldie says, " This illuminates the city
today. An imperative exists to bring new residents
into the fold to experience the spirit
that the earliest residents had in 1954. "
Valencia, California
Developed by Newhall Land and Farming
Company north of the San Fernando Valley,
along Interstate 5, Valencia opened in 1967.
The Newhall Ranch was one of the last big
RCIT Y OF S ANT A CL ARIT A

2023 Fall Issue of Urban Land

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