Promenade at Downey
In 1961, NASA began manufacturing components for the Saturn and Apollo spacecraft missions on a 1.5 million sq. ft., 80-acre aviation campus in Downey, CA. After its closure, IRG purchased and led redevelopment and remediation at the site, converting it into one of the largest movie production facilities in California (2003 – 2012), and producing blockbusters such as Iron Man, Indiana Jones and Spiderman. Overtime, with advances in technology, this large studio space was no longer in demand.
In order to reposition the site again, IRG would need to oversee extensive environmental cleanup efforts. Demolition of Downey Studios began in January 2012 and a new, Class A, mixed-use retail, restaurant, entertainment and office space was developed. In 2016, the project was completed at The Promenade at Downey, revealing a 450,000 square feet of entertainment and shopping destination featuring a pedestrian-oriented design, outdoor seating, Wi-Fi, fireplaces, and playgrounds, with access to a wide array of shops and restaurants, a state-of-the-art movie theater, and a health club. As developer and adaptive reuse expert, IRG also renovated the 1940’s office buildings on the property designed by Gordon Kaufmann and executed millions of dollars in extensive remediation.