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Gensler Designed Senior Housing for Playa Vista

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Back to Playa Vista, where the Los Angeles Jewish Home is currently working on their latest luxury retirement community.  The Fountainview at Gonda Westside is scheduled to open in 2016, creating 175 independent living units and 24 assisted living units.  The five-story, Gensler-designed structure will rise at the intersection of Jefferson Boulevard and Westlawn Avenue.  The building's "picturesque rooftop," features a swimming pool, spa, garden, cafe and observation deck.   Other residential amenities include a fitness center, library, and on-site theater.  As the Fountainview prepares to break ground, the rest of the Playa Vista campus is in the midst of a full on building boom.  Just a short walk away, Lincoln Property Group is hard at work on the $200 million Runway at Playa Vista, which will create a mixed-use complex consisting of apartments, office space, ground floor retail and (of course) parking.  Also under construction nearby is the Resort, a 25,000 square foot recreation facility featuring a fitness center and a Junior Olympic pool.  In addition, a variety of smaller for-sale and rental housing facilities are underway from developers such as KB Home and Brookfield Home.  This is shaping up to be a walkable, amenity laden community, full of the resources that car-free seniors will need.  Plus, the beach is just one-and-a-half miles west (if you're into that sort of thing).

 


Huge Residential Development Starts Work in Playa Vista

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Traveling through the so-called "Lower Westside," you'll notice that construction activity is in full swing throughout the Playa Vista campus.  Lincoln Property Group's Runway has taken off, Tishman Speyer plans to break ground on 200,000 square feet of office space next month, and now work has commenced on a massive residential development at the corner of Jefferson Boulevard and Centinela Avenue.  Set to rise four stories, the building at 12481 West Fielding Circle would contain 703 apartment units above two levels of underground parking.  Future neighbors will inevitably be elderly and Semitic, as the Los Angeles Jewish Home intends to open the Fountainview at Gonda Westside just down the street in 2016.  On the opposite side of Jefferson Boulevard, a 196-unit luxury apartment development from the Texas-based Dinerstein Cos. is currently wrapping up construction.  Quite a bit of density, especially for a part of Los Angeles that has fought these kinds of developments for decades.  However, the recent influx of tech and creative industry jobs into Silicon Beach has created strong demand for additional housing units.
 

Playa Vista's Mixed-Use Runway Filling Out

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If you had stopped by the sprawling Playa Vista campus in early 2013, you would have been greeted with acres upon acres of empty land.  One year later, you can't miss the obvious signs of construction stretching east from the Ballona Wetlands.  With steel beams and concrete pillars now protruding above Jefferson Boulevard, Lincoln Property Company's Runway is scheduled to open in late 2014.  With a $260 million budget, the mixed-use development will create 420 apartment units, 35,000 square feet of office space, and 221,000 square feet of pedestrian-oriented retail.  A wide range of big name retailers have already signed on as tenants at Runway, including CVS Pharmacy, Cinemark Theatres, Whole Foods Market, and Wells Fargo and Chase Banks.  The 14-acre development was designed by Downtown-based Johnson Fain, and will be centered around an iconic lantern-shaped tower.

As previously mentioned, construction is in full swing throughout the Playa Vista neighborhood.  Hundreds of for sale homes, market rate apartments and senior housing units are underway on the lots surrounding Runway.  Closer to Centinela Avenue, developer Tishman Speyer broke ground on a 200,000 square foot office development in March, with an additional 400,000 square feet still in the pipeline.   Just across the street from Runway, an adaptive re-use project at 5456 McConnell Avenue is currently transforming a low-rise office building into a new charter middle school.

 

A Glimpse into Playa Vista's Future Core

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Take a hard look down Millennium Drive into the heart of Playa Vista's mixed-use construction binge.  The above image--sent yesterday by an e-mail tipster--portrays several of the structures which will eventually define the planned community's main commercial hub.

Near the center of the photograph, we see a construction crane raised high above Lincoln Property Company's Runway at Playa Vista.  The $260 million development will stretch from McConnell Avenue to Village Drive, offering wide sidewalks flanked by more than 200,000 square feet of retail and restaurant space.  Tenants will reportedly include Whole Foods Market, CVS Pharmacy and Cinemark Theatres.

Above ground level, the Johnson Fain-designed complex will offer 420 apartments and 35,000 square feet of creative office space.  Residential and commercial buildings will occupy both sides of Millennium Drive, rising between four and five stories in height.

Runway's retail stalls will gradually blend into the adjacent Skylar residences, located center right in the above image.  Developed by KB Home, the single-story units are described as "coastal contemporary flats," ranging from approximately 1,900 to 2,500 square feet in size.  With prices starting in the "low $1,000,000s," it doesn't seem like CVS checkout clerks are the target market here.

Out of frame to the right, work is underway on a slew of other residential developments, including an affordable senior housing complex known as The Woods.  Further east, construction continues on a 700-unit apartment community from the Irvine Company.  To the left, steel beams are now rising for the IMAX Corporation's $45 million West Coast headquarters.
 

Fancy Senior Housing Complex Breaks Ground in Playa Vista

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Feast your eyes on the latest shiny object to sprout from the ashes of Howard Hughes's once expansive empire.  According to multiple sources, the Los Angeles Jewish Home has officially broken ground on the Fountainview at Gonda Westside, an upscale senior housing development in the Playa Vista neighborhood.  The $100 million complex will feature a series of low-rise structures, offering a total of 175 independent living units and 24 assisted living/memory care units.  Plans call for a wide battery of residential amenities, including a fitness center, library, screening room and a ground-floor cafe.  In addition, an accessible rooftop deck will offer both a swimming pool and a spa.  Completion is currently scheduled for sometime in 2016.

Plans from architectural firm Gensler call for a complex of six-story buildings, incorporating the sloping rooflines and wood paneling frequently seen on other Westside developments. The project's design  ingratiates itself heavily to the outdoors, both through its rooftop amenity deck and its expansive balconies.  Lush landscaping will surround the perimeter of the residential community and permeate into an internal courtyard.

Crews from C.W. Driver will have plenty of company as they build the new senior housing facility, as two major commercial developments are also underway on adjacent properties.  To the west, the $260 million Runway at Playa Vista is slated to serve as a pseudo-downtown for the planned community.  The mutli-building project will create 420 apartments and 35,000 square feet of office space above 221,000 square feet of ground-floor commercial stalls.  Confirmed retail tenants include Whole Foods Market, CVS Pharmacy and Cinemark Theatres.

To the south of Fountainview, the steel framework for the IMAX Corporation's new West Coast Headquarters is now in place.  The three-story structure, also designed by Gensler, will contain multiple screening rooms and office space for over 120 employees.
 

Playa Vista Spec Office Complex Takes Form

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Seven months after breaking ground in Playa Vista, construction is going vertical for the Collective, an $80 million office complex from developer Tishman Speyer.  The speculative development, designed by local architect Joey Shimoda, will create approximately 204,000 square feet of office space within a series of two-story structures.

Each of the Collective's five buildings are designed to emanate an "inviting yet industrial feel," with an open floor plan and exposed double-height ceilings.  Building materials are further in line with this warm, industrial look.  Interiors will feature wood flooring, steel columns and floor-to-ceiling windows.  Exteriors will be clad with precast concrete and wood paneling.

The 6.3-acre campus will feature a series of private garden patios, designed by landscape architect James Burnett.  These small pockets of green space will include a welcome court, event lawn, shared courtyards and gravel seating areas.

Recent growth in the Southern California office market may bode well for Tishman Speyer's speculative development.  With limited options remaining in creative hotspots such as Venice and Santa Monica, many businesses in the media, technology and entertainment fields have turned south to Playa Vista.  Consequently, the neighborhood's office vacancy rate now stands at 24.8%, a marked improvement from the previous year's 40% figure.

 

An Overhead Perspective on Playa Vista Phase Two

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Only from above can one fully appreciate the massive amount of construction underway throughout the Playa Vista neighborhood.  The thousand-acre expanse, formerly a component of the Howard Hughes aerospace empire, is now giving birth to creative office space, pricey chain retailers, and thousands of luxury apartments, condominiums, and single-family homes.  Take a quick photo tour through phase two of the planned community, from a vantage point high up in the Westchester Bluffs.

Looking west towards the Pacific Ocean, we see the collection of low-rise buildings that will eventually comprise Playa Vista's downtown.

First and foremost amongst these developments is Runway, a $260 million undertaking from Lincoln Property Company.  Stretching 11 acres between McConnell Avenue and Village Drive, the Johnson Fain-designed complex will consist of colorful four- and five-story buildings, offering 420 apartments, 35,000 square feet of creative office space, and over 200,000 square feet of pedestrian-oriented commercial space.  Confirmed retail tenants include Cinemark Theatres, CVS Pharmacy and Whole Foods Market.

Neighboring parcels are also giving way for development.  To the east and west of Runway, the Irvine Company is in the midst of construction on two Mediterranean-style apartment complexes, each of which will contain roughly 400 rental units.  South across Millennium Drive, a slew of condominiums and detached single-family residences are underway from developers KB Home, Brookfield Residential and Tri Pointe Homes.  Prices start in the "low $1,000,000s."  Ouch.

Despite the unending stream of construction activity over the past year, a significant portion of Playa Vista's entitled land remains undeveloped.  Additional housing and green space is planned for the conspicuously empty lot which features prominently in both the above and below pictures.  However, an exact timeline for this sub-phase of the project is unclear.

Moving slightly east towards Culver City, we see that three additional components of phase two are making the slow climb upwards.

In the foreground, construction continues on the IMAX Corporation's $45 million West Coast Headquarters.  The three-story facility is replacing the Canadian film company's current Santa Monica office, and will house over 120 employees within its 66,000 square feet.  Designs from architecture firm Gensler call for an open environment, centered around a large amphitheater under a skylight.  The new headquarters will also feature two screening rooms, production space, and an outdoor courtyard.  As of this past September, construction is on pace for completion in late February 2015.

Immediately north of the IMAX project, work is also ramping up on two senior housing complexes.

The first, known as the Fountainview at Gonda, is a $100 million development by the Los Angeles Jewish Home.  Scheduled to open in 2016, the project will provide 175 independent apartments and 24 assisted living units.  Designs from Gensler call for a series of modern six-story structures, containing an impressive array of residential amenities.  A white tower crane is now present at the future senior housing community, which officially broke ground in mid-September.

The second project, known as "The Woods," is currently under construction immediately east of Fountainview.  Plans from developer Thomas Safran & Associates call for a four-story structure, providing affordable housing to people aged 62 and older.  Rents in the relatively petite building will top out at $917 and $1,101 for one- and two-bedroom units, respectively. 

Additional investment may be headed north across Jefferson Boulevard, albeit technically outside of Playa Vista's borders.  The LA Business Journal reports that Hudson Pacific Properties recently completed a $38 million purchase of the Marina Corporate Center, a vacant 100,000-square-foot office building located catacorner from the Fountainview at Gonda.  Over the past few years, other struggling office buildings in the neighborhood have found success by converting themselves into more versatile creative space.

At the intersection of Jefferson Boulevard and Centinela Avenue, the Irvine Company is constructing a third Mediterranean-style apartment building.  The five-story complex, partially topped out, is the largest of the three developments, containing a total of 703 rental units.  Like its smaller counterparts to the west, the project was designed by MVE + Associates.

Looking east towards the Baldwin Hills, we see Playa Vista's primary office hub, a 90-acre district comprised by an odd mixture of restored warehouses and contemporary buildings.  Although the area has attracted a variety of companies in the technology and media fields, success has not spread evenly.

The Bluffs and the Hercules Campus, both located center right in the above image, boast a slew of name brand tenants between them, including YouTube, Konami, Fox Broadcasting and the Rubicon Project.  On the other hand, the 300,000-square-foot Latitude 34 complex remains completely vacant after four years on the market.  Unsurprisingly, the latter development was sold earlier this year, and is now undergoing an extensive makeover to become more appealing to creative tenants.

New office space is also entering the arena.  In the background of the above image, construction is underway on the Collective, a speculative 200,000-square-foot development from Tishman Speyer.  The 6.3-acre campus will consist of multiple two-story buildings, designed by local architect Joey Shimoda.  Additionally, rumors have recently circulated that Google is eyeing a 300,000 square foot lease within the historic Spruce Goose hangar.
 

Plans Emerge for Playa Vista's Remaining Office Parcels

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With Yahoo! on the cusp of signing a 130,000-square-foot lease in the under-construction Collective campus, Tishman Speyer Properties is now forging ahead with plans for their remaining Playa Vista real estate.

According to a November case filing from the Department of City Planning, the New York-based developer intends to construct two low-rise office buildings adjacent to Playa Vista Central Park.  The first, a six-story structure, would rise from a nearly four-acre site at 12126 West Waterfront Drive.  Directly across the street, plans call for a five-story building and associated surface parking on the six-acre property at 12099 West Waterfront Drive.

City records do not currently indicate the exact footprints of the proposed buildings.  However, a January article from the Los Angeles Times reported that Tishman Speyer had entitlements to build up to 400,000 square feet of office space on the two properties

The proposed office complex may also be motivated by a major transaction which recently occurred west across Campus Center Drive.  Google has reportedly spent $120 million to purchase a twelve-acre site located catacorner to the Tishman Speyer properties.  The tech behemoth has entitlements to build up to 900,000 square feet of offices on the land, and is also expected to lease space in the adjacent aircraft hangar which was once used by Howard Hughes to construct the legendary Spruce Goose.


Another Office Complex Begins Work in Playa Vista

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Google's impending arrival in Playa Vista has set off a monumental shift in the West Los Angeles office market.  After years of searching for space in traditional creative hubs such as Santa Monica and Venice, numerous tech firms are now looking further south in order to situate themselves closer to the Bay Area heavyweight.  With this changing landscape in mind, a New York-based developer has broken ground on a speculative office complex directly across the street from Google's future twelve-acre campus.

According to commercial real estate publication Bisnow, Tishman Speyer is currently in design development for 407,000 square feet of office space Playa Vista Parcels 1 and 2.  The project, slated for completion in late 2016, will be split between five- and six-story structures at 12126 and 12099 West Waterfront Drive.  As of this week, preliminary grading and site preparation is underway for both of the low-rise buildings.

The speculative development begins work as Tishman Speyer nears completion on a nearby campus-style project known as the Collective at Playa Vista.  Slightly over 130,000 square feet of the five-building complex is already leased, thanks to Yahoo's recent decision to relocate from its current Santa Monica operations.  Bisnow also reports that Tishman Speyer is in negotiations with 72,000-square-foot tenant who would bring the development to full occupancy.

Apartments Galore in Playa Vista

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While much has been said about Playa Vista's transformation into one of Southern California's preeminent tech hubs, the neighborhood is also in the midst of a robust wave of residential development.  Of the approximately 2,800 residential units currently under construction in the thousand-acre expanse, the lion's share is encompassed by the Villas at Playa Vista, a multi-building development from the Irvine Company.

The project consists of three Mediterranean-style buildings, each featuring four levels of residences above two floors of parking.  When completed in early 2016, the three communities will provide slightly over 1,500 new one-and-two-bedroom apartments for the high-demand Westside market.  Each of the buildings was designed by MVE & Partners, the Irvine-based architecture and design firm which crafted Playa Vista's phase two master plan.

The smallest component of the Villas, a 309-unit building, is located on an approximately five-acre plot near the intersection of Jefferson Boulevard and Dawn Creek.  According to Playa Vista Today, the building is a luxury development with units ranging from 866 square feet to 1,420 square feet in size.  Residential amenities include an outdoor kitchen with high-end appliances, polside dining areas and a wine cellar.

Moving east, the project's second building features 491 residential units on a 6.38-acre site at the southeast corner of Jefferson Boulevard and Village Drive.  This particular community is being marketed to mid-career professionals, with units ranging from 785 square feet to 1,327 square feet in size.  Amenities will include a lap pool, a resident's lounge, and a private fitness center.

The third and largest of the buildings offers 703 apartments on an approxmiately nine-acre property at the southwest corner of Jefferson Boulevard and Campus Center Drive.  This building is to be marketed towards creative young professionals who may work in the surrounding office complexes.  Units will be slightly smaller than in its sister buildings, ranging between 676 square feet and 1,195 square feet in size.  With a younger target demographic, the building also features a slightly different blend of amenities than its more distinguished neighbors.  Plans call for a game room and an internet cafe, amongst other facilities.

Besides the Villas, a slew of office, residential and retail complexes are also under construction on various surrounding parcels.  East across Campus Center Drive, developer Tishman Speyer recently broke ground on a 407,000-square-foot speculative office complex.  To the west, Dallas-based Lincoln Property Company is nearly completion on the $200 million Runway at Playa Vista.  Most notably, tech giant Google is poised to establish a new Southern California campus on a 12-acre site at the southwest corner of Millennium and Campus Center Drives.

New Playa Vista Office Complex Revealed

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The center of gravity in the Los Angeles office market shifted south last year, when word surfaced that both Google and Yahoo would move their Southern California operations to the burgeoning Playa Vista neighborhood.  Bolstered by this news, New York-based developer Tishman Speyer broke ground in February on a speculative office complex located midway between the future homes of the two tech behemoths.

The campus - tentatively known as the Brickyard - is being designed by Michael Maltzan Architects, the Downtown-based firm whose previous work includes the adjacent Playa Vista Central Park.  The project will create slightly over 400,000 square feet of commercial office space, geared towards tenants in the tech and entertainment industries.  The buildings are being designed as a visual gateway to Playa Vista, welcoming visitors with prominent retail space and outdoor areas.  Other amenities include an on-site daycare service, which will capitalize on the project's proximity to the Central Park.

The low-rise complex will rise upon approximately 10 acres of previously vacant land near the intersection of Jefferson Boulevard and Campus Center Drive.

Parcel 1, an L-shaped property at 12099 West Waterfront Drive, will birth a five-story structure that resembles the shape of a wishbone when viewed from above.  Due to the neighborhood's height restrictions, the building's roofline will gradually step down in height, creating a series of roof terraces with sweeping views of the Los Angeles basin.  A ground level courtyard will sit at the southeast corner of the property, serving as a visual extension of the adjacent park.

Parcel 2, a four-acre plot at 12126 West Waterfront Drive, is slated for a six-story structure composed of stacked rectangular volumes.  Like its larger counterpart across the street, the building will feature a tiered roofline with terrace levels and a ground-floor courtyard which connects to the Central Park.

In a departure from the traditional office park model, neither building will feature a standalone parking garage.  Instead, both will accommodate automobiles through depressed surface lots located below their primary entrances.  The parking levels would be incorporated into the overall design through a series of wide pedestrian walkways, flanked by a lush tree canopy.

Construction of the Brickyard is expected to conclude in late 2016 or early 2017.

Playa Vista Office Building to Receive Upgrades

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With demand increasing for Westside office space, real estate investment trust Hudson Pacific Properties (HPP) has begun renovating a 1980s building in Playa Vista to make it more appealing to tenants in the creative and entertainment industries.

The vacant six-story structure, located at 12655 Jefferson Boulevard, was purchased by HPP last October for $38 million.  Planned renovations would expand the building's leasable footprint to 96,000 square feet, following the conversion of an internal stairwell and a portion of its underground parking garage to office space.  The project, branded as the Landing at Playa Vista, is being marketed as one of the neighborhood's few remaining large blocks of space for single-tenant occupancy.

The renovation project is being designed by the Santa Monica office of HLW International, an architecture and interior design firm whose past work includes the offices of numerous media and technology companies.  Renderings of the Landing at Playa Vista portay the building with high, exposed ceilings and open floor plans, two amenities popular which have become increasingly popular within the creative industry.  The low-rise structure would also be retrofitted with multiple outdoor decks, providing views of West Los Angeles, Marina Del Rey and Beverly Hills.

Office space within the refurbished building is expected to reach the market by late 2015.

The Landing will benefit from close proximity to numerous housing and dining options within the nearby Playa Vista campus, including Runway, a $260 million mixed-use develpment by the Lincoln Property Company.

Creative Offices Looking Good in Playa Vista

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After a year-and-a-half of construction, the finish line is finally in sight for the Collective at Playa Vista, a 200,000-square-foot creative office campus from New York-based developer Tishman Speyer.

The $80 project, designed by local architect Joey Shimoda, consists of a series of two-story structures on approximately 6.3 acres of land at 12005 and 10215 West Bluff Creek Drive.  Each building emanates industrial chic with steel columns and exposed ceilings up to 21 feet in height.  The exterior of the campus will include multiple garden patios, complementing the adjacent Playa Vista Central Park.

The Collective made waves late in 2014, when news emerged that internet giant Yahoo would relocate its Southern California operations to approximately 130,000 square feet of office space within the campus.  Other future tenants include the Annenberg Foundation, which recently leased a 30,000-square-foot building to use as an animal care center.

Strong leasing activity at the Collective - and throughout the Playa Vista submarket - has prompted Tishman Speyer to move ahead with long-dormant plans for a larger speculative development on a property to the west.  The project, dubbed the Brickyard, will create slightly over 400,000 square feet of creative office space in a pair of low-rise buildings designed by architect Michael Maltzan.

Fresh Renderings for Playa Vista Office Campus

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An official website has unveiled new renderings for the Brickyard, a large creative office complex currently under construction in Playa Vista.

The campus, which is being developed by New York-based Tishman Speyer, will feature slightly over 425,000 square feet of office space.  Plans also call for an 9,000-square-foot daycare facility, 8,000 square feet of ground-floor commercial floor area and a below-grade parking garage.

The project - designed by Michael Maltzan Architecture with assistance from Gensler - includes two low-rise structures on approximately 10 acres of formerly undeveloped land.  Both buildings will be clad with "white-glazed thin brick exteriors with patterned punch windows," thus inspiring the project's name.

A L-shaped property at 12099 West Waterfront Drive will give rise to a five-story structure with approximately 300,000 square feet of leasable floor area.  Renderings portray the building with a tiered roofline that gradually steps down in height to create a series of terrace levels.  Street-level retail space with outdoor seating areas will provide sidewalk activation at two corners of the the property.

South across the street, a a four-acre site at 12126 West Waterfront Drive will feature a six-story edifice, consisting of of an additional 100,000 square feet of office space.  Like its larger counterpart, the building's design will create multiple rooftop terraces.

In addition to the on-site retail options, Tishman Speyer's plans also call for other amenities such as a cafeteria and bike storage with changin rooms and showers.

The Brickyard is expected to be ready for occupancy in late 2016.

The project is the second ongoing Playa Vista development for Tishman Speyer, which recently signed leases with Yahoo and the Annenberg Foundation at their nearby Collective campus.

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Runway at Playa Vista Leases Up

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Less than two months after officially opening, the first apartment building at Runway Playa Vista is already nearly 66% leased.  The 100-unit complex - designed by architecture firm Johnson Fain - sits within walking distance of Playa Vista's primary commercial hub, anchored by Whole Foods Market, Cinemark Theatres and CVS Pharmacy.

Runway features four total apartment buildings, comprising 420 residential units.  The other three buildings are in the final stages of construction and are expected to open before the end of 2015.

Communal amenities include a clubhouse lounge with a kitchen, a game area, multiple fitness centers, a private yoga studio and a resort-style pool.  Residents will also be offered access to the Resort, a 25,000-square-foot center offering group fitness classes and multiple swimming pools.

Runway was developed by a joint venture between Dallas-based real estate firms Lincoln Property Company and Phoenix Property Company.


Senior Housing Complex Nearing Completion

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One year after breaking ground in Playa Vista, construction continues for the Fountainview at Gonda Westside, a $100-million senior housing development from the Los Angeles Jewish Home.

The six-story complex, designed by global architecture firm Gensler, will feature 175 independent living apartments and 24 assisted living and memory care units.  Additionally, plans call for a range of amenities which includes a fitness center, a library, a screening room and a rooftop pool and spa deck.

Independent living apartments will come in one- and two-bedroom floor plans, some containing a den or a media room.  Each unit offers full-size stainless steel appliances, granite countertops and full-size washer and dryer units.

According to an official website, the Fountainview at Gonda Website is now fully now 100% reserved, but still offers space on a waiting list for a $5,000 deposit.

Completion is scheduled to occur in 2016.

The project is located in close proximity to Runway, the $260-million mixed-use complex which serves as the master planned Playa Vista community's commercial core.

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Playa Jefferson Office Complex Adding New Buildings

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Playa Jefferson, the Westside office complex which hosts blue chip tenants such as engineering firm Arup and advertising agency Omnicom, is adding new space.

According to permit filings from the Los Angeles Department of Building and Safety, landlord Vantage Property Investors is planning to add a fifth building to the low-rise campus at 12777 W. Jefferson Boulevard.  The proposed three-story structure, which is being designed by Gensler, would contain approximately 49,000 square feet of office space.

Elsewhere on the Playa Jefferson campus, construction is already underway on a new parking structure for current and future tenants.  The five-story garage is rising at the northeast edge of the property, adjacent to Beatrice Street.

Further details about the projects are unclear at this point in time.

The proposed expansion of Playa Jefferson highlights the strong demand for office space in the Playa Vista submarket, which has benefited from numerous relocations during the past calendar year.

Further east along Jefferson Boulevard, developers Tishman Speyer and Hudson Pacific Properties have attempted to tap into this demand through various ground-up and renovation projects.

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Renovations Proceed at Two Playa Vista Office Complexes

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With much of Playa Vista's new office space now spoken for, investors have turned to renovating existing buildings in an effort to lure more high-tech tenants to the neighborhood.

12655 W. Jefferson Boulevard

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Los Angeles-based real estate investment trust Hudson Pacific Properties continues with the refurbishment of a 1980s building at 12655 W. Jefferson Boulevard.

The six-story building, which is being rebranded as the Landing at Playa Vista, will offer nearly 100,000 square feet of office space when its renovation is complete.  It is being marketed as one of the few remaining large blocks available for single-tenant occupancy in the neighborhood.

The remodeling project, which was designed by architecture firm HLW International, is adding high, exposed ceilings, open floor plans and multiple outdoor decks to the building.

12555 W. Jefferson Boulevard

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Across that street at 12555 W. Jefferson Boulevard, Mani Brothers Real Estate Group recently began a similar renovation of a three-story edfice built in 1985.  Ongoing improvements include the installation of new exterior skin and the addition of architectural lighting.  The 90,000-square-foot complex has already completed an extensive renovation of its lobby, common areas and exterior landscaping.

According to a press release from real estate firm Madison Partners, the building recently signed a 15-year lease with Providence Health System for more than 35,000 square foot of space, bringing it to full occupancy.

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First Look at Playa Jefferson's Expansion

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Just two months after signing Facebook to a 50,000-square-foot lease at Playa Jefferson, Vantage Property Investors has unveiled its expansion plans for the Playa Vista office complex.

A flythrough video and photorealistic renderings produced by Kilograph Studio portray the proposed Building E, which would rise on the east side of the campus at 12777 W. Jefferson Boulevard.  The three-story structure, which is being designed by global architecture firm Gensler, would feature approximately 55,000 square feet of leasable floor area.  As is typical of many creative office buildings in the neighborhood, plans call for open floor plans, high ceilings and outdoor decks.

The project would be served by a new five-story, 617-car parking garage, currently under construction immediately north of the proposed building site.

According to the Playa Jefferson website, completion of Building E is anticipated by Fall 2017.  The expanded campus will have a total of 250,000 square feet of leasable office space.

The expansion is motivated by continued demand for office space in Playa Vista, which has seen a rapid influx of high-profile tenants during the past several years.  Other ongoing projects further along Jefferson Boulevard include the 400,000-square-foot Brickyard campus and the renovation of two 1980s office buildings.

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Another Campus Development Proposed in Playa Vista

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Strong demand for office space in Playa Vista continues to drive new development on the neighborhood's perimeter.

Last week, developer NSB Associates filed plans with the City of Los Angeles to construct a campus-style project at 12575 W. Beatrice Street, a short distance south of the Marina Freeway.  Plans call for approximately 250,000 square feet of offfice space and a 3,146 square feet of retail component.

The 3.8-acre property is currently developed with a series of low-slung buildings which house the co-working space CTRL Collective.

City records indicate that Chait & Company, a Los Angeles-based architecture and construction firm, has been tapped to design the project.

Further details about the proposed development are unclear at this point in time.

The project site sits one block north of Jefferson Bouelvard, where approximately 650,000 square feet of office space is in various stages of development, including the Brickyard and Playa Jefferson's Building E.

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