According to a report from the Argonaut, El Segundo-based developers Continental Development Corporation and Mar Ventures, Inc. have banded together to build a new creative office campus in Del Rey.
The proposed development, called the Alla Road Creative Campus, would consist of a trio of two-story buildings near the western terminus of the Marina Freeway. Plans call for approximately 155,000 square feet of office space, in addition to a one-acre outdoor courtyard and a parking garage for 600 vehicles.
The low-rise campus is slated for a now vacant lot which most recently housed operations for Teledyne Technologies, Inc. Demolition occurred for the former manufacturing facility earlier this year, and remediation of the six-acre property is ongoing.
Continental and Mar Ventures are marketing the proposed campus as an extension of the creative office boom in nearby Playa Vista, which is now home to companies such as Google and Yahoo. The two companies have previously collaborated on a number of projects in the South Bay, including the 15-acre Elevon complex in El Segundo.
The developers are scheduled to present their proposal to the Del Rey Neighborhood Council on July 14.
- Silicon Beach is Spreading Out (Urbanize LA)