Game change: Developer seeks to turn old Kmart into housing

Proposal: 388 apartments, 71 townhomes

LONG VACANT—Kmart in the Westlake portion of Thousand Oaks closed in 2004 and since then the City of T.O. has not approved a use for the property, which Home Depot is leasing. RICHARD GILLARD/Acorn NewspapersThe most debated piece of commercial real estate in the city may not be commercial for long.
IMT Residential has put forward plans to transform the former Kmart property on Hampshire Road in the Westlake portion of Thousand Oaks into 388 apartments, 71 townhomes and 15,000 square feet of ret...

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