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Work Started on Major Mixed-Use in Culver City’s Downtown

8/17/17

Construction has begun on the highly-anticipated, mixed-use Ivy Station project in Culver City. The 500k sf development is adjacent to the Culver City Station of the recently extended Los Angeles Metro Expo light-rail line connecting downtown Los Angeles to the beach.

The project, a development of Lowe, AECOM Capital and a Rockwood Capital entity, is set on a 5.2-acre urban infill site in the city’s downtown area. It is estimated to cost around $300 mil.

Ivy Station will offer 200 apartments, 55k sf of ground-floor retail and restaurant space, a 148-room boutique hotel and a 200k sf office building. The project will have 1,500 spaces of below-grade parking, 300 of which will be dedicated for use by Metro riders, and will feature more than two acres of publicly accessible open space.

“We worked diligently to create an engaging project that will appeal to multiple users, from transit riders and residents to office workers, hotel guests and the surrounding community,” said Lowe Senior Vice President Tom Wulf. “The centerpiece is a large landscaped park that winds through the property providing pedestrian connectivity and areas for programs, recreation and relaxation. The combination of on-site transit, retail and restaurants and programmed open space will be compelling for employers and workers.”

Ivy Station is bound by Venice, National and Washington Boulevards, a prominent location that provides a gateway to Culver City, a burgeoning community that has seen growth in retail and commercial properties, including offices for the media and entertainment industries, as well as a growing residential community. Ivy Station will link two historic areas of the City, the energetic revitalized Downtown and the growing creative Arts District. With a warm yet contemporary design by Killefer Flammang Architects and EYRC, and multiple mid-rise buildings, Ivy Station complements the existing environment and provides abundant view corridors throughout.

The mix of commercial development at the property is ideally suited to a transit-oriented project and will appeal to employers, residents and visitors. Ivy Station’s five-story, 200k sf office building, fronting Venice Blvd, a major commercial corridor, will be state-of-the-art with large flexible floorplates and abundant natural light and operable windows that will suit businesses of all types. In addition, the building includes extensive outdoor balconies where the indoor environment blends seamlessly with the outdoor, taking advantage of the Southern California climate. Ivy Station’s open space will provide a vibrant active area for residents, tenants and the local community with live performances, movie nights, themed festivals, fitness classes and other seasonal activities.

Ivy Station’s 200 apartments, located in five- and six-story buildings in the center of the development, will range in size from studios to two-bedrooms. They are designed to offer a comfortable and modern living space along with the shared community spaces, including private outdoor areas, and extensive amenities that are in demand by today’s residents.

Bernards has been engaged as the General Contractor for the development. Construction is commencing now and is anticipated to be complete in fall 2019.






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