Earlier this year, Livabl covered the $92 million purchase of a self-storage facility in West Adams by global developer Lendlease. Today, the Sydney, Australia-based real estate and investment group shared the first renderings of the project proposed for the 3.5-acre site, which includes a 12-story residential building and a six-story office building.
Designed by SHoP Architects — the studio behind the newly-opened Uber headquarters in San Francisco — the mixed-use development would be surrounded by more than 30,000 square feet of public open space, including a pedestrian plaza.
The residential building would house 260 units, although it’s not yet clear whether they would be designated as condos or apartments. “Best-in-class amenities” would be offered, according to a press release, such as a private roof deck and a swimming pool and spa.
Spanning approximately 250,000 square feet, the six-story office building is depicted in the renderings with verdant, open-air terraces and a partial green roof. “The two buildings will be connected by a subterranean garage and at-grade pedestrian plaza that embrace the entire project,” explains the press release.
Located at 3401 South La Cienega Boulevard, the $600 million proposed project is steps away from the La Cienega/Jefferson Metro station and a future Whole Foods Market. The Expo Line bikeway, which runs from DTLA to Santa Monica, will also be accessible from the site.
“Lendlease is committed to the continued expansion of our investment and development efforts in Los Angeles,” said Arden Hearing, Lendlease America’s Executive General Manager of West Coast Development. “This new, innovative mixed-use development will bring open space, housing, and workplace to a key transit-oriented location.”
3401 South La Cienega Boulevard marks Lendlease’s first major foray into the Los Angeles real estate market. The property was purchased by Lendlease and Australian superannuation fund Aware Super in late 2020.
The developer has submitted the initial entitlement application to the City of Los Angeles, and delivery could begin as early as 2023 with completion anticipated for 2025.
