New commercial structure slated for shopping center in Sawtelle
The project, on a site owned by Bed Bath & Beyond, would have about 128K sf of commercial space
Bed Bath & Beyond CEO Steven Temares and 11801 West Olympic Boulevard (Credit: Google Maps and Home Furnishing News)
A Sawtelle property that once housed sports equipment could soon be filled with something a bit less sporty — cubicles and computers.
An unidentified developer filed plans to build a nine-story commercial property on the site of a shopping center owned and anchored by Bed Bath & Beyond, according to documents published by the Department of City Planning.
The proposed project would span about 128,000 square feet of commercial space at 11801 West Olympic Boulevard. There would also be 594 parking spaces on site.
It is unclear whether the 50,000-square-foot building existing on the site would be demolished. It was formerly occupied by the sports goods retailer Sports Chalet, which shuttered stores amid a bankruptcy in 2016, Urbanize reported.
Bed Bath & Beyond bought the site in 2006 for $13 million, property records show. It took out a $34 million mortgage on the property in September.
Elsewhere in Sawtelle, the Luzzatto Company is building an 80,000-square-foot office building at 12414 Exposition Boulevard. In July, the University of Southern California announced its cancer research department would occupy the “Expo Station” development once it was completed.
Source: The Real Deal Los Angeles