amitaur Constructs founders Laurie and Frederick Samitaur Smith and the development site (credit: Getty Images and Google Earth) A developer whose projects include the high-concept (W)rapper Tower is now proposing a 22-story office tower in West Adams. Local firm Samitaur Constructs filed for the project this week through 5850 West Jefferson LLC. The site at […]
Co-working newcomer Blackbird, focusing on women of color, will open in LA
Blackbird founder Bridgid Coulter and the Culver City space as of August WeWork is by far the biggest co-working company around, but numerous niche providers have been trying to carve out space in an increasingly cluttered market. Those include wellness-centric Well Work Win, and women-focused The Wing. The latest entrant, Blackbird, focuses on women of […]
Lincoln Property Co. puts Blackwelder office campus in Culver City on market
Blackwelder office campus and LPC’s David Binswanger Lincoln Property Co. has put its 19-building office campus, known as Blackwelder, in Culver City on the market, The Real Deal has learned. Sources said the first round of bids closed last week. It could fetch as much as $150 million, they added. Blackwelder is an adaptive reuse […]
This LA city may become latest to impose a rent freeze
Culver City Mayor Meghan Sahli-Wells and Culver City city hall With average rent and housing costs continuing to climb, more cities and counties — including Los Angeles County — have enacted temporary measures to protect tenants and tighten the reins on landlords and property owners. Now, Culver City has directed its staff to develop a […]
Hackman just got more financing for its mega-expansion of Culver Studios
Deutsche Bank CEO Christian Sewing, Hackman Capital CEO Michael Hackman and a rendering of Culver Studios Hackman Capital Partners has secured more construction financing for its Amazon-leased Culver Studios expansion project. Deutsche Bank is providing an additional $30.2 million in funding for the creative office and studio project in Culver City, which Hackman broke ground […]
Mobile games developer doubles footprint in Culver City
Scopely CEO Walter Driver (Credit: Scopely) Scopely is doubling down in Culver City. The mobile games developer has leased a 60,000-square-foot property that will become part of Runyon Group’s Platform project once completed, according to an announcement. A rendering of the space That’s more than double the amount of space it currently occupies at 3530 […]