HBO Selects Ivy Station as New Corporate Headquarters
The Ivy Station development team of Lowe, AECOM-Canyon Partners and Rockwood Capital announced today that it has executed a long-term lease with HBO for the entire 240,000-square-foot office building at Ivy Station, its large-scale mixed-use development currently under construction adjacent to the Culver City station of the Los Angeles Metro Expo Line. In addition to the office building, Ivy Station will feature 200 apartments, 50,000 square feet of ground floor retail and restaurant space, a 148-room boutique hotel, two acres of publicly accessible outdoor space, and 1,500 below-grade parking spaces, 300 of which will be dedicated for use by Metro transit riders.
Ivy Station's five-story, 240,000-square-foot, state-of-the-art office building, designed by Ehrlich Yanai Rhee Chaney Architects (EYRC), is positioned along Venice Boulevard. The building provides large flexible floorplates, abundant natural light and operable windows. Taking advantage of the Southern California climate, it also offers extensive outdoor balconies where the indoor environment blends seamlessly with the outdoors.
Ivy Station's large landscaped outdoor area will be programmed with a host of activities such as movie nights, art shows and concerts to appeal to Ivy Station residents and businesses, commuters, and neighbors. With multiple points of access, the property encourages the public, Metro riders, Ivy Station residents and employees to walk or bike through this bustling area of Culver City.
Bounded by Venice, National and Washington Boulevards, Ivy Station's prominent 5.2-acre site is located predominantly in Culver City with a portion, along Venice Blvd, located in the City of Los Angeles. Ivy Station is an approximately 500,000-square-foot mixed-use campus designed in a contemporary style with mid-rise buildings set on the property to provide multiple view corridors to visually connect with the surroundings. Designs for the apartments and hotel as well as the master plan were created by KFA architects.
CBRE professionals Jeff Pion and Matthew Hargrove represented Ivy Station and HBO in the transaction, respectively.
Groundbreaking for Ivy Station was held in September 2017 and construction completion is anticipated in mid-2020. HBO plans to take occupancy in early 2021.
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