Downtown Thousand Oaks Project

The proposed Downtown Thousand Oaks Project involves the redevelopment of a 17.68-acre site bounded by Thousand Oaks Boulevard, Conejo School Road, Highway 101, and Oakwood Drive, currently zoned SP-11 and SP-20 under Institutional and Commercial Neighborhood designations. The project seeks to amend the General Plan to reclassify a 5.33-acre portion to Mixed-Use with increased height allowances and to update the Civic Arts Specific Plan to support a pedestrian-oriented downtown featuring residential, hotel, commercial, office, and entertainment uses. Central to the plan is the partial reconstruction of City Hall, the creation of public amenities including a park plaza and outdoor amphitheater, new roadways, utility upgrades, and stormwater improvements. The project includes a Tentative Tract Map consolidating 14 parcels into nine new lots and calls for four new buildings: a seven-story 142-key hotel, a seven-story 161-unit mixed-use building with 26 affordable units, a four-story 79-unit mixed-use building with 13 affordable units, and a two-story restaurant, all supported by subterranean parking. A public park with a children’s play structure, splash pad, interactive equipment, seating, and flexible open space is also included, alongside permits for alcohol sales, tree removal and replacement, and encroachments into protected tree zones. Satellite parking will be provided at 265 South Rancho Road and 110 South Conejo School Road during peak times, with these locations also serving as off-site construction laydown areas. Construction is planned in five phases, beginning in 2027 and concluding by 2032, under the oversight of the City of Thousand Oaks.