Los Angeles’ newest luxury home community to
gain open-air shopping center featuring Whole Foods Market,
Kaiser-Permanente medical center, movie complex, unique restaurants
plus high-end shops and boutiques
Porter Ranch, the newest luxury home community in greater Los
Angeles, will soon gain a long-awaited entertainment and retail
center featuring many high-end restaurants and retail shops, a
Whole Foods Market along with a medical center and hotel.
The Vineyards at Porter Ranch is a $150 million investment by
Shapell Properties and Liberty Building Co. A groundbreaking
ceremony on June 1 was attended by a large group of supportive
community members, civic leaders and business executives who all
recognize the added value a commercial center of this quality will
bring to this area.
“The Vineyards, when completed, will provide residents with a
sophisticated, modern retail experience that can only be found in
just a few places in Southern California,” said John Love, vice
president of commercial properties for Shapell. “We are very happy
to see this final jewel completing the dream and vision of Porter
Ranch.”
“An upscale shopping and entertainment complex with
sophisticated designs and pedestrian linkages into our community
are an ideal complement to our elegantly created homes perched high
above Los Angeles,” said Frank Su, Vice President of Operations at
Toll Brothers, the luxury homebuilder completing the Porter Ranch
master-planned community. “Once a vision, The Vineyards will soon
be reality for Porter Ranch residents seeking luxury local retail
and entertainment experiences.”
The 215,000-square-foot commercial center, scheduled for
completion in late 2018, is designed to provide an open-air
environment with meandering pedestrian pathways into various
shopping, dining and entertainment experiences. Other amenities
include a center green for community events and a 4,000-square-foot
community room. To see more of The Vineyards, click here.
“While maintaining a sensitive approach to the modern retail
experience, great care has gone into designing a project that
creates an upscale, sophisticated environment while providing
exceptionally open space for community interaction,” Love said. “We
are proud to announce our first group of tenants and preparing to
reveal exciting additions in the near future.”
The entire project is divided into the north and south of
Rinaldi Street, with the retail area to the north and a
50,000-square-foot medical office building to be occupied by Kaiser
Permanente, a 120-room hotel and a 266-unit apartment complex
(apartments are north of the retail) to the south. Residents are
encouraged to visit www.VineyardsAtPorterRanch.com for future
announcements, renderings of the retail/entertainment center and a
flyover video.
“With top-ranked schools, one of the safest communities in
Southern California and easy access to key urban areas of Los
Angeles, Porter Ranch has emerged as the prime location for
homebuyers seeking a quieter lifestyle with some of the most
majestic views in the region,” Su said.
Toll Brothers currently offers three collections at Porter
Ranch, with homes starting in the mid-$900,000s to $1.6 Millions,
as well the nearby Canyon Oaks a gated community that recently
opened with single- and two-story luxury homes priced from the $1.4
Millions. The three Porter Ranch communities – Glen at Avila,
Bluffs at Bella Vista and Palisades at Westcliffe – recently earned
“Community of the Year” honors by the Greater Sales and Marketing
Council for overall design, distinctive models, and community
amenities (such as clubhouses and local parks).
Signature Toll Brothers designs include homes from 3,000 square
feet to 5,400 square feet with up to 6 bedrooms and 5 ½ bathrooms,
luxurious indoor/outdoor living spaces and opportunities to
customize and personalize on expansive home sites. The range of
options and designs by Toll Brothers has rendered Porter Ranch as a
highly individualized community similar to some of Southern
California’s most prestigious zip codes.
Jeff Meyers, a major real estate researcher, recently said,
“There are very few places left in the greater Los Angeles area
like Porter Ranch with great schools and a very safe community. The
luxury home market should remain strong for several years because
the public is looking for this kind of master-planned
community.”
For more information, visit Toll Brothers Porter Ranch website
at: www.LiveAtPorterRanch.com.
About Toll Brothers
Toll Brothers, an award-winning Fortune 600 company
founded in 1967, embraces an unwavering commitment to quality and
customer service. Toll Brothers is currently building in 20 states
nationwide and is a publicly owned company whose stock is listed on
the New York Stock Exchange (NYSE: TOL). In FORTUNE Magazine’s
2016 Survey of The World’s Most Admired Companies®* Toll
Brothers was ranked #6 worldwide across ALL INDUSTRIES in Quality
of Products/Services Offered after Apple, Walt Disney, Amazon,
Alphabet, and Nordstrom, and before Netflix and Facebook. In the
same 2016 survey, Toll Brothers was named the #1 Home Builder
Worldwide. The Company is named one of America’s Most
Trusted® Home Builders by Lifestory Research†. Toll Brothers
was also recently honored as national Builder of the Year by
BUILDER magazine, and was twice named national Builder of the
Year by Professional Builder magazine.
Toll Brothers proudly supports the communities in which it
builds; among other philanthropic pursuits, the Company now
sponsors the Toll Brothers - Metropolitan Opera International Radio
Network, bringing opera to neighborhoods throughout the world.
Toll Brothers builds luxury single-family detached and attached
home communities; master planned luxury residential, resort-style
golf communities; and urban mid- and high-rise communities,
principally on land it develops and improves. The Company operates
its own architectural, engineering, mortgage, title, land
development and land sale, golf course development and management,
home security, and landscape subsidiaries. The Company also
operates its own lumber distribution, and house component assembly
and manufacturing operations. The Company acquires and develops
commercial properties through Toll Commercial and its affiliate,
Toll Brothers Realty Trust, and purchases distressed loan and real
estate asset portfolios through its wholly owned subsidiary,
Gibraltar Capital and Asset Management. The Company acquires and
develops commercial and apartment properties through Toll
Commercial and Toll Apartment Living, and the affiliated Toll
Brothers Realty Trust, and develops urban mid- and high-rise
for-sale condominiums through Toll Brothers City Living.
This is not an offering where prohibited by law.
*FORTUNE Magazine’s survey of the “World’s Most Admired
Companies®” for 2016 began with over 1,500 companies across more
than 50 industries, and asked over 4,000 executives, directors, and
analysts to rate companies in their own industry on nine criteria
(Go to http://fortune.com/worlds-most-admired-companies/ for the
full methodology.) From FORTUNE Magazine, March 1, 2016 ©2016 Time
Inc. FORTUNE and The World's Most Admired Companies are registered
trademarks of Time Inc. and are used under license. FORTUNE and
Time Inc. are not affiliated with, and do not endorse products or
services of, Toll Brothers, Inc. †Toll Brothers received the
highest numerical score in the United States in the
proprietary Lifestory Research 2015 America’s Most
TrustedTM Home Builder study. Study based on 43,200 new
home shoppers in 27 markets. Proprietary study results are
based on experiences and perceptions of consumers surveyed between
January and December 2014.
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version on businesswire.com: http://www.businesswire.com/news/home/20170601006724/en/
Toll BrothersKira Sterling, Chief Marketing Officer(215)
938-8220orTaylor Suero, Assistant Marketing Manager(818)
332-7228
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