Matt Anderson
Market Expert
Assistant Director, Savills Studley
California Licensed Real Estate Salesperson
After a 6-month preparation of digging, developer Lowe Enterprises has officially gone vertical on their new $300 million Expo Line-adjacent Ivy Station development in the heart of downtown Culver City. The massive mixed-use project, which is a joint venture between Lowe and AECOM Capital and Rockwood Capital, will consist of multiple five and six-story buildings featuring 200 apartments, a 148-room hotel, 210,000 SF of offices and 36,000 SF of ground-floor commercial space. The transit oriented development will also include pedestrian paseos, green space and a bike rental hub centered around the Expo Line. The park-and-ride facility will give way to an underground parking garage with 1,500 spaces, including 300 for transit patrons.
The design team behind the development consists of Cuningham Group, EYRC Architects, RELM Studio and Killefer Falmmang Architects who have all oriented Ivy Station around its adjacent rail stop, coupled with a mix of pedestrian walkways, open space and transit plaza.
The project is slated for completion in 2019.
Now that Apple and Amazon (and almost HBO) have planted their flags in downtown Culver City, which tech unicorn will call Culver City their home next? Stay tuned…
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