The Conejo Valley is entering an exciting new chapter! As we move into 2026, a wave of new commercial, residential, and mixed-use developments is reshaping communities across Thousand Oaks, Westlake Village, Agoura Hills, Newbury Park, Moorpark, and Calabasas.
From luxury apartment communities to highly anticipated neighborhood restaurants, these projects signal continued growth, job creation, and lifestyle upgrades throughout the region.
For home buyers, sellers, and homeowners, understanding what’s coming next is smart—because new development can directly impact home values, market demand, traffic patterns, population density, and long-term investment potential.
New Commercial + Residential Developments (beginning or completing in Conejo Valley 2026)
Conejo Summit (Thousand Oaks): 50 acre, 15-building business park off Rancho Conejo Blvd.
T.O. Ranch (Thousand Oaks): 12-acre retail hub + 420 residential units replacing the old Kmart on Hampshire Rd.
Amgen Science Center (Thousand Oaks): Massive $600M R&D facility + global hub for biologics + Biotech
Corridor: conversion of warehouses into high-tech life science labs.
Conejo Valley Plaza (Thousand Oaks): Recent $45M sale, the shopping center will modernize
Annenberg Wildlife Crossing (Agoura Hills): not a traditional pedestrian bridge but a natively landscaped wildlife overpass for animals to safely travel across the 101 freeway. Docent tours are now open for sign up
West Village (Agoura Hills): proposed development with 238 apartments, a 4-story parking structure, and 9,000 sqft retail and restaurant space
The Regency (Agoura Hills): 5,000 sf of retail, restaurants and 278 apartments replacing the movie theater
Ladyface Greenway (Agoura Hills): Visionary 1-mile linear park with bike paths + butterfly gardens
Warmington / Gateway Church (Agoura Hills): Still in planning for 66 gated homes
Westlake Park Place: Final Phase 3 expansion of the office campus
949 W. Stafford Rd (Westlake Village): Ultra-luxury custom residence, Sherwood Country Club
The Sanctuary (Newbury Park): historic 1924 Timber School turned into co-working + 218 luxury apartments
The Bungalows at Beltramo: community of beautiful new houses in Moorpark, CA
Green Island Villas: 69 brand new townhomes in Moorpark, CA
The Commons at Calabasas: Caruso replacing the cinema with 80 luxury apartments
Interested in moving to one of the new developments listed here? Please contact Lydia@LydiaGable.com for more information and to schedule a showing.
New Restaurants & Markets - Coming to Conejo Valley 2026
Erewhon Market: Premium organic grocer this summer at The Lakes Thousand Oaks
Whole Foods Market: Replacing the Amazon Fresh location in The Promenade at Westlake
KazuNori: "Original Hand Roll Bar" opened late Dec 2025 at The Commons Calabasas
Malibu Brewing Company: Spring 2026 at Agoura Rd & Kanan
CAVA Westlake Village: 968 S. Westlake Blvd. IYKYK
Toastique at The Shoppes Westlake features gourmet toast, smoothies, coffee + espresso.
Osteria La Buca at The Shoppes at Westlake Village brings a warm, rustic Italian experience
The Drop Yard at Hyatt Westlake: Construction has begun for an outdoor Food Truck Venue with live entertainment
The Paddock on Thousand Oaks Blvd is a restaurant, sports bar, and horse racing
Graze Craze Charcueterie Boards & Boxes newly opened in the Oaks Plaza, Thousand Oaks
Kaze an elevated Japanese Omakase experience newly opened in Thousand Oaks
Sette Sorelle (7 Sisters): Nonna’s Westlake owner will open in the newly closed Selvin's Lounge Newbury Park
Makenna Koffee Company this spring in Newbury Park
As the saying goes: Location, Location, Location! It’s safe to say that national grocery chains like Whole Foods Market, and local celebrity-hangouts like Erewhon Market, do their real estate research. Choosing more locations in our wonderful community is a positive sign.
New Conejo Valley housing options, revitalized retail corridors, and lifestyle-driven amenities continue to strengthen our area’s appeal, and increase homeowner property values and buyer demand. Like you, we are excited for the new restaurants and keeping up with property beautification in our Thousand Oaks, Westlake Village, and Agoura neighborhoods.
If you’d like to understand how these projects may affect your specific neighborhood or home value, connect with your local Conejo Valley real estate expert at the Lydia Gable Realty Group/ Compass. We live and work in Conejo Valley and are always here to help!