The following is Los Angeles area commercial construction news for October 2019 It is for informational purposes only H.W. Holmes, Inc. is NOT AFFILIATED with any of these projects
WORK TO FINALLY BEGIN ON WEST EDGE – FORMERLY MARTIN EXPO TOWN CENTER
After many delays, work is set to begin in November on a massive mixed-use development in West LA. Formerly known as the Martin Expo Town Center, this major development at Expo and Bundy is now called West Edge. It is projected to be completed by 2023.
The development will rise about a block from the Expo Line’s Bundy station with a 10-story office tower, new shops, a grocery store, and over 500 apartments.
It replaces Martin Automotive Group’s Cadillac & GMC dealership. The Martin family is partnering with the Houston-based developer Hines to build the complex over 5 acres of the Westside.
OTHER DEVELOPMENTS POPPING UP ALONG THE WESTSIDE’S EXPO LINE
Other developments planned or underway along this stretch include:
Originally intended to be a massive retail space with a Target, Ralphs supermarket & Chili’s restaurant, developers are now looking at a redesign with over 500 residential units as well as shops, a grocery store, and as many as 7 restaurants.
However, the project is mired in financial problems and legal controversy right now. It sits vacant with no date for a groundbreaking in sight. It’s assumed that the area is desirable enough for someone else to swoop in and move forward with this or another development.
This site – across the street from the Ivy Station complex will feature 128,000 square feet of creative office space. Much of this office space has already been leased to Apple’s Entertainment Division after HBO, who had originally expressed interest, moved across the street.
Developed by Lincoln Property Company and Clarion Partners, and designed by Gensler, the four-story structure will showcase 128,000 square feet of open office space with underground parking and about 4,500 square feet of ground-floor retail.
This development, which is going up at the Expo Line’s Culver City station’s parking lot, will host 200 residential units, a 148 room hotel, and 240,000 square feet of office space. It should be completed sometime in the middle of 2020. Designers are Killefer Flammang Architects and EYRC.
In 2021, HBO headquarters will occupy all of the available office space. HBO chose Ivy Station as the site of its new headquarters to be the building’s business anchor. Feeling that the location is perfect for the creative professionals they hope to attract due to its access to light rail, accommodations like the apartments and hotels, and the restaurants, retail, and nightlife the development will be home to.
CULIVER CITY’S ALLIED MODEL TRAINS BUILDING SOLD – WILL BE CONVERTED TO CREATIVE OFFICE SPACE
Nearby, the Allied Model Trains Building in Culver City has been sold to Tova Capital, Inc. for $8.2 million. Tova has plans to convert the 12,600 square foot building into creative office space while maintaining the building’s distinctive Mission Revival/Art Deco architecture.
An added outdoor area will be added as an amenity to appeal to the tech & media tenants seeking creative space in west Culver City due to its ease of access via public transportation and its close proximity to the coveted Westside neighborhoods.