Valencia Town Center Drive ( VTC ) is one of the most successful mixed-use projects in the nation. The VTC project consists 395,037 of square feet of office and retail space. There are four Class A office buildings ( VTC I IV ) anchored by Princess Cruises worldwide headquarters (Carnival Corporation, S&P: A-) and two parking structures with plenty of parking. The project is in line of the Westfield Valencia Town Center regional mall ( Westfield VTC ), the 244-room Hyatt Valencia & Santa Clarita Conference Center ( Hyatt Valencia ), a 12-screen Edwards' s multiplex IMAX theater, 551 luxury apartment units, and a 57,000 square foot Sports Club facility. Valencia is one of America' s most respected master-planned communities. Valencia' s residents can live, work, shop, play and thrive at VTC. The ½ mile, pedestrian-oriented Town Center Drive was designed in the spirit of America' s Main Street. The mixed-use complex is designed to serve as Valencia' s hub for the entire Santa Clarita Valley. VTC offers 800,000 square feet of distinctive shops, offices, restaurants, hospitality, a health and fitness club, residential and a 12-screen cinema IMAX multiplex.