LPC West plans creative office site in Culver City
The project is planned for 3817, 3835 and 3855 Watseka Ave., a 1.1 acre lot used for parking, storage and two two-story office buildings. The site was acquired by LPC West two years ago for $ 32.6 million.
The Gensler-designed project would create a four-story, 150,000 square foot office building on top of a three-level underground parking garage with 546 spaces.
“It’s a really creative design,” said Rob Kane, executive vice president of LPC West. “This is a building that we believe responds very well to a post-Covid office environment. It’s low rise, (a) heavily landscaped indoor / outdoor spaces, lots of natural light, and we are really excited about the design.
Kane said he expects the project to be attractive to tenants coming out of the pandemic because of the indoor / outdoor balconies and patios. He said the development’s high ceilings and natural light will create a feeling of openness, especially on the top floor, which will feature a paneled sawtooth roof.
He said the structure would incorporate a lot of wood, giving it a “classic, creative and industrial feel”.
Although a general contractor has yet to be hired for the project, which is still in the rights award stage, Kane said he expects construction to begin next year and end. ends in 2024.
He added that he expects the property to be leased to a single user.
“It is designed to be a quality building for the headquarters of a high quality company,” he said, adding that it could however be delivered as a multi-tenant building if market conditions required it.
He also highlighted the location of the project, Culver City, describing it as a desirable site due to the number of large companies based there, its centrality, its housing and its access to public transportation.
“We are really excited about all the activities in Culver City,” said Kane. “In our opinion, this is one of the fastest growing submarkets in all of Los Angeles and it is becoming a hub for media and technology companies. “
Companies like Apple Inc. and Amazon.com Inc. have established a strong presence in the region.
“I think Culver is in the early stages of its evolution, and the businesses that inhabit Culver City are going to continue to grow,” he said. “We want to be able to provide them with high quality options for this growth. There are very few lots left for quality development, and this one is really attractive. It’s in the heart of Culver City.
The Watseka Avenue project is not LPC West’s first in the region. The company also includes in its portfolio 8777 Washington Blvd., a 125,000 square foot office, retail and food service space leased from Apple, which is expected to employ more than 1,000 people in the region by the year. next year.
Clarion Partners is a development joint venture partner designed by Gensler.
The partnership has another development underway nearby, in which they plan to rehabilitate approximately 150,000 square feet of office space as well as add a project of approximately 300,000 square feet.
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