A tipster sends word that Lowe Enterprises, a Los Angeles-based real estate firm, has unveiled plans for a 500,000-square-foot mixed-use complex adjacent to the Expo Line's Culver City Station.

Ivy Station, named for the Culver City stop on the defunct Pacific Electric Air Line, would replace a 5.2-acre site that currently serves as a park-and-ride lot for eastbound commuters on the 8.6-mile light rail line.  Architectural renderings displayed on an official website portray a series of modern low-rise buildings centered around a large park.  A site plan indicates that a series of paseos would bisect the development site, allowing for cut-through pedestrian traffic from Venice, National, Washington and Robertson Boulevards.

According to the project's website, plans call for a mixture of creative office space, luxury residences, a boutique hotel with ground-level shops and restaurants.  The project would also feature approximately 1,600 parking spaces, including 300 reserved for Expo Line passengers.

Although specifics are currently unavailable, the Los Angeles Business Journal has previously reported that Ivy Station would feature approximately 200 apartments, 150 hotel rooms, 200,000 square feet of offices and 75,000 square feet of ground-floor commercial space.  Additionally, the Cuningham Group - an architecture and design firm with offices in Culver City - has been linked to the project.

Further details about the proposed development - including its budget and timeline - are currently unclear.

Besides Ivy Station, similar projects featuring a combination of offices, apartments and ground-floor retail space are in predevelopment near Expo Line Stations at Bundy Drive and La Cienega Boulevard.  The rail line has also prompted a slew of smaller transit-oriented developments, including two projects now under construction at Culver City Station.