After nearly four years of construction, the residential component of the $350-million Ivy Station complex in Culver City is now accepting move-ins.
Upper Ivy - located near the intersection of Washington and National Boulevards - consists of a six-story structure featuring 200 studio, one-, and two-bedroom apartments, as well as penthouse units and townhomes with rooftop decks.
The contemporary low-rise structure, developed as a joint venture between Lowe, Rockwood, and AECOM-Canyon Partners, includes a central courtyard, a fitness center, a swimming pool, and underground parking.
A leasing website advertises units starting at $3,095 per month for a studio unit, with prices ranging as high as $9,090 per month for a two-bedroom penthouse apartment.
“This area of Culver City is evolving and Ivy Station sits at the center of this dynamic district," said Lowe executive vice president Tom Wulf in a news release. "With the completion of Ivy Station, we are realizing our vision, shared by our partners and Culver City leaders, to create a new hub of energy, activity and commerce that serves the community as well as the greater region.”
The next component of Ivy Station slated to make its debut is The Shay, a Hyatt-operated hotel which is scheduled to begin accepting guests in the fall. The six-story, 148-room hotel will include two restaurants from chef Danny Grant, as well as some amenities that will be shared with residents of the Upper Ivy complex.
At the northern edge of the Ivy Station site, facing Venice Boulevard, construction is already complete for a new 240,000-square-foot office building which has been leased to WarnerMedia. The concrete-frame building, scheduled to open for tenants this year, will serve as the West Coast offices of HBO, Cinemax, HBO Max and its WarnerMedia Entertainment networks TNT, tbs and truTV.
The trio of new buildings, located on the former site of Culver City Station's park-and-ride lot, will wrap around a new landscaped plaza, which would be surrounded by 50,000 square feet of stores and restaurants. Announced commercial tenants include Equator Coffees, LA Ale Works, Mamoun’s falafel, StretchLab, YogaSix and Healthy Spot.
Ivy Station is among a handful of large mixed-use projects reshaping the neighborhood surrounding Culver City Station, which has also seen the construction of an Apple-leased office building and a series of multifamily residential developments.
- Ivy Station (Urbanize LA)