A pair of small commercial buildings in the Hollywood Studio District could make way for a mixed-use office complex, according to plans submitted yesterday to the City of Los Angeles.
Matt Cooper, co-owner of The Post Group, has partnered with Plus Development on a proposed project at 1000 Seward Street - just a block south of Santa Monica Boulevard. Plans call for a 10-story building featuring just over 136,000 square feet of office space and 14,400 square feet of ground-floor retail, restaurant, and amenity space.
"Hollywood will continue to be the entertainment capital of the world," said Cooper in a news release. "As the competition for content creation continues to drive billions of dollars into the economy, the need for new content creation spaces will only increase."
The contemporary mid-rise structure is being designed by Hawkins\Brown Architects, and is one of the London-based firm’s first projects in the United States. Renderings depict the building with offset masses used to create terrace decks for tenants and an exterior banded with vertical and diagonally-oriented metal fins.
A budget and timeline for the 1000 Seward project has not been set at this point in time, according to a representative of the development team.
The proposed development comes at a time when office space is in hot demand in Hollywood, with entertainment companies such as Viacom and Netflix establishing large presences in the neighborhood.
Hudson Pacific Properties and the J.H. Snyder Company, two of the biggest builders of commercial space in Hollywood, have developed office campuses on neighboring properties at the intersection of Seward and Romaine Street.
The Post Group, a provider of post production offices and suites, currently occupies one of the buildings on the property.
Plus Development, which is serving as the project's development manager, has also worked on new housing projects in Long Beach, as well as a proposed mixed-use complex on the Sunset Strip.
- Hollywood (Urbanize LA)