Playa Vista WELCOME HOME

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.

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.

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.

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.

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 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.

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.

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.

Brentwood Capital Partners, a Santa Monica-based real estate firm, is converting a trio of vintage buildings in Playa Vista into a creative office campus. The project, dubbed the Hangars at Playa Vista, will feature 22,400 square feet of leasable floor area. Located at 11811-11821 Teale Street, the property is highlighted by a pair of semi-circular Quonset huts which are intended for single-tenant occupancy. All buildings on the campus were built between 1947 and 1951, and previously served as manufacturing support facilities for the Hughes Aircraft Company.

This past Saturday, national real estate firm Brookfield Residential debuted Mason and Cleo, two new collections of 81 luxury flats in the Playa Vista community. Mason, located near the corner of Bluff Creek and Village Drives, consists of brownstone flats with single-level residences and brick exteriors. Individual units range from 1,816 to 2,658 square feet in size, each featuring 3 to 4 bedrooms, 2 to 3.5 baths, and a 2-car garage.

ULI Los Angeles will offer a Case Study and Site Tour of Playa Vista, Thursday, June 9, 4:30-8 p.m. The event highlights Playa Vista’s evolution as the masterplan impacting creative office, new residential, retail, and parks and open space in Los Angeles. Community developer Brookfield Residential recently unveiled four new neighborhoods, including 85 luxury detached homes and 81 flats in modern styles. These residences are among some of the last new homes ever coming to this beach-close community.