Rams Village Will Cost $10 Billion to Develop

Los Angeles residents should expect a decade of construction to create 3,100 homes in the Warner Center area.

Updated on Sept. 26, 2026 in Commercial

Bold vector editorial illustration of a skeletal steel building frame rising from a construction foundation, representing urban residential development. — The $10 billion Rams Village development in Woodland Hills will begin construction in 2027, adding 3,100 residential units over a decade-long project. AI Illustration. Upload story photo >

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Developers plan to begin the $10 billion Rams Village project in 2027 following the completion of site clearing last year. The expansive development in Woodland Hills aims to convert the former Promenade area into a major residential and commercial hub.

Why it matters

The project serves as a long-term initiative to establish a permanent home for the Los Angeles Rams while transforming the Warner Center into the downtown of the Valley. This transformation will significantly reshape the local real estate and commercial landscape over the next decade.

The development includes 3,100 homes across 3 million square feet of residential space and 2 million square feet for commercial use. This $10 billion investment follows a $650 million total land acquisition cost for the site properties.

The players

Stan Kroenke

Owner of the Los Angeles Rams who invested $650 million in land acquisitions for the project.

Los Angeles Rams

Professional football team currently utilizing temporary modular trailers for their practice operations.

The details

The site preparation concluded in August 2026 with the demolition of the Woodland Hills Promenade. Once construction begins in 2027, the developer plans to integrate residential units with hotel, office, and entertainment spaces to serve as a central Valley destination. The final build-out is projected to span approximately 10 years.

January 2026: Demolition of the Woodland Hills Promenade began.
August 2026: Demolition of the Woodland Hills Promenade finished.
2027: Earliest possible groundbreaking for the project.
2037: Estimated completion date for the project.

Money Landscape

The Rams Village project marks a major shift in the development trajectory of the Warner Center. It follows the precedent of urban intensification efforts aimed at creating a concentrated downtown hub for the Valley.

Residents should monitor local municipal updates as city approval remains a necessary step before construction begins. The decade-long timeline may impact local property values and traffic patterns in the Warner Center area.

The takeaway

The Rams Village project represents a massive long-term investment into the local infrastructure and housing stock of the Valley. Households should track upcoming city approval hearings and environmental reports as the 2027 start date approaches.