297-unit mixed-use housing development at 195 East Hillcrest Drive
Thousand Oaks
Summary
Two aging office buildings come down and a five-story, 297-unit apartment building goes up, with 25 deed-restricted affordable units and a remodeled 10,184-square-foot retail building. It's the kind of infill housing the city's updated general plan envisioned, though it required a tangle of state density bonus waivers that raised concerns about eroding local design standards.
At a glance
- Total mentions
- 1
- Last 30 days
- 0
Last discussed Jun 8, 2026.
Impact analysis
Adds 25 affordable units and new rental housing to the housing supply; the developer says the project will generate construction and local spending, and the Chamber of Commerce backed it for walkable access to local businesses.
Renters and families seeking new housing — including three-bedroom units — near jobs, shopping, and transit, plus local businesses that gain new residents and customers.
Neighbors concerned about a 56-foot-tall building's scale, and 17 protected oak and sycamore trees that will be removed, though replacements are required.
Mentions & discussions (1)
Related development
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