Hines JV Breaks Ground on Los Angeles Mixed-Use Project
- Jan 13, 2020
Construction is underway on West Edge, a transit-oriented, mixed-use development in West Los Angeles. West Edge is being developed by real estate firm Hines, working in partnership with investor USAA Real Estate and Philena Properties. Earlier this week, Hines made news by departing the Las Vegas market following a sale.
West Edge is an eight-story development to include 600 luxury apartments, along with office space, a full-service natural supermarket and restaurants. West Edge is projected to open in 2022.
West Edge is targeting office tenants that include media, technology and high-growth organizations. It will provide eight levels and 200,000 square feet of light-filled office space, as well as unobstructed views of the West Side and, behind it, the Pacific Ocean.
Among building features will be 15-foot slab-to-slab heights, separate secure building entrances, double-height showroom and links to landscaped terraces at the five-story level. A lively half-acre open-air plaza will feature al fresco dining. On-site units will be offered to employees working in the building. West Edge is registered to be LEED certified and WiredScore Certified. It will also pursue Well Core & Shell Certification.
The project is being developed on the 4.8-acre site of the long-standing, now-razed West Los Angeles auto dealership Martin Cadillac, at the corner of Olympic Boulevard and Bundy Drive. This puts residents less than one block away from the Expo/Bundy Metro Station, from where riders can reach downtown Los Angeles or the center of Santa Monica. The 408 Freeway is less than one mile away and the 10 Freeway is less than a half mile away.
The site on which West Edge is being built has been under the ownership of the Martin Family, owner of Martin Cadillac, for more than 40 years. The family has invested the past seven years in entitlements for the project. The family’s Dan Martin is managing partner of Philena Properties.