UPDATE 2/11/18: 101 North Eatery & Bar is the name of the place that will be opening soon.
There's a yellow Alcoholic Beverage Control sign up at the former Olio Pizzeria at The Shoppes at Westlake Village (Olio closed its doors on February 2, 2017). The sign indicates the applicant, Barrocca, LLC, has filed for a transfer of the license to sell alcoholic beverages at this location.
While I've been in contact with the chef that is a principal in the new business, the venture is in its early stages. More information to come at a later date.