Inglewood, CA – Hollywood Park, the sprawling 300-acre mixed-use development surrounding SoFi Stadium, has commenced its latest expansion, focusing on significant residential and retail growth. This phase, dubbed 'The Residences at The Park,' involves the construction of two new residential towers and an additional 150,000 square feet of retail space, further cementing the area as a vibrant live-work-play destination.
Developer Wilson Meany, in partnership with Stockbridge, confirmed that the new residential buildings will add approximately 650 units, ranging from studios to three-bedroom apartments, with a portion designated as affordable housing. "Our vision for Hollywood Park has always been about creating a complete community," said Chris Meany, Managing Partner at Wilson Meany. "This next residential and retail component is crucial for fostering a truly dynamic urban environment beyond event days."
Construction crews have already begun site preparation near the existing retail promenade, 'The Park at Hollywood Park.' The new retail spaces are expected to attract a mix of local boutiques, national brands, and diverse dining options, complementing the existing offerings like Cinepolis Luxury Cinemas and Sky's Gourmet Tacos. The expansion aims to serve the growing residential population within Hollywood Park and the surrounding Inglewood community.
According to city planning documents, the project is slated for completion in phases, with the first residential tower expected to deliver units by late 2028. The total investment for this phase is estimated at $420 million. Inglewood Mayor James T. Butts Jr. expressed enthusiasm for the continued development, noting, "Hollywood Park continues to be an economic engine for Inglewood, creating jobs, housing, and opportunities for our residents."
This development is part of a larger master plan that envisions up to 25 acres of public parks, 5 million square feet of creative office space, 890,000 square feet of retail, and 3,000 residential units. The consistent progress underscores the long-term commitment to transforming the former racetrack site into a bustling urban center.
