Economic Development
Currently, Thousand Oaks is undergoing numerous renovations and development. State Route 23 is in the process of being expanded to a six-lane highway, U.S. Route 101 is being upgraded, The Oaks Shopping Center is being expanded by the Macerich Company, and the city has plans to renovate the old Downtown, near the Civic Arts Plaza on Thousand Oaks Blvd.
New homes are also being built in very few areas of the city. Primary areas of new residential construction are currently in-fill sites within the developed area of the community and not outward expansion.
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