Urban Offerings and Meridian Group have obtained $59.3 million in financing for the development of a mixed-use office building in Baldwin Hills, announced Dekel Capital earlier this month.

The four-story development, slated for a property at 5950 Jefferson Boulevard, will replace a single-story industrial building with approximately 75,000 square feet of offices atop 5,581 square feet of ground-floor retail and parking for 175 vehicles.

Carrier Johnson + Culture is designing the low-rise development, which will be clad in concrete panels.

Completion of 5950 Jefferson is expected in June 2021.

The property sits on the eastern border of Culver City and the Hayden Tract, where numerous campus-style office developments have attracted tech and media companies such as Apple subsidiary Beats Electronics and video game maker Scopely.

“Urban Offerings is an experienced sponsor with a strong track record of developing well-designed urban infill properties, including three properties immediately adjacent to the site,” said Dekel Capital Principal Shlomi Ronen in a statement. “We saw tremendous interest from the capital markets given the strength of the Culver City office market, and, equally important, the experience and successful performance history of Urban Offerings.”

Several large office developments are either planned or under construction in the surrounding neighborhood, which sits immediately south of Metro’s La Cienega/Jefferson Station.

The steel skeleton of Wrapper, a 17-story office tower designed by Eric Owen Moss, is now taking shape at 5790 Jefferson Boulevard.

At 6000 Jefferson, the Coffee Bean & Tea Leaf received entitlements for a 220,000-square-foot campus project.

Just across the street from the Urban Offerings property, a joint venture between Clarion Partners and LPC West recently acquired an office campus at 5870-5890 Jefferson Boulevard which can be developed with up to 600,000 square feet of new offices.