The Broad turns ten, Florence Ave. bus lanes, and more

Fresh off of a $22-million funding round, startup Shinkei Systems has opened a 15,000-square-foot headquarters at the Standard Works campus in El Segundo. 

Shinkei Systems, as a described in a news release, marries "patented robotics, cold chain logistics, traceability, and centuries-old Japanese techniques to make Michelin-quality seafood accessible to all."

Its news space at 1301 El Segundo Boulevard will be used for the engineering and manufacturing of the company's robotic systems, and corporate offices for its seafood brand Seremoni.

“Our El Segundo headquarters represent more than just a new address – this space signals our next chapter of growth,” said Shinkei Systems co-founder and chief executive officer Saif Khawaja. “We’re in close proximity to brilliant engineering minds, talented chefs, and the abundant California shoreline. This move gives us the resources we need to keep scaling our mission to bring the world’s most delicious seafood to more plates.”

Here's what we're reading this week:

Calvin Harris Accuses Financial Adviser of Stealing Millions to Fund ‘Boondoggle’ Real Estate Project Proposed tower project at Sunset and Highland is back in the news (Variety)

L.A. Office Market Shifts Create More Opportunities for a Certain Investor "Longer holds and greater risk create a fertile market for private capital in particular" (Commercial Observer)

Eyes on the Street: New Florence Avenue Bus Lanes "Just west of the Florence A Line Station, L.A. County has installed bright red bus only lane pavement markings" (Streetsblog LA)

10 moments that mark the Broad’s 10 years in Los Angeles — including a big change in the works "In April, the Broad held a groundbreaking ceremony for its forthcoming building expansion, which is expected to add 50,000 square feet to the museum, providing 70% more gallery space. With an entrance facing Hope Street, the smooth concrete addition will open out to the Grand Avenue Arts/Bunker Hill Metro station." (LA Times)

Metro Planning Committee Approves $85M for Bike/Ped Project Grants "The Metro Board Planning and Programming Committee approved $85.5 million for 16 grants to cities for walk and bike projects. Most make first/last mile transit connections and serve Olympics mobility." (Streetsblog LA)

Can Rancho Palos Verdes stop homes from sliding toward the ocean? A new study might find out "The study will create a model of regional rainfall patterns and map out how the water collects in the landslide area. The model will also determine drainage options and if stormwater can be re-routed elsewhere where it will do less damage. The study will also use projections for rainfall in the future." (LAist)

California isn’t backing down on offshore wind power despite Trump cancellation "Last year, voters approved Proposition 4, the California climate bond measure that authorized $10 billion for climate and environmental projects. It included $475 million for development of offshore wind — the first $225 million of which was approved last week for spending in 2025-26....Indeed, most of the Proposition 4 funds approved for immediate spending will not go toward work in the water but rather toward port upgrades and other land-based projects that fall under the state’s jurisdiction....That’s because unlike fixed turbines, which are constructed in the water, the massive floating offshore turbines are typically assembled on land and towed out to sea. The ports anchoring this effort in California — the Humboldt Bay Harbor District and the Port of Long Beach — will require upgrades to meet those needs, as will the state’s transmission infrastructure in order to receive the power, which will be transmitted by underwater cables." (LA Times)

Mayor Karen Bass Requests Veto on SB 79 "In her letter, Bass wrote, 'While I support the intent to accelerate housing development statewide, as written, Senate Bill 79 (SB79) risks significant unintended consequences for many of Los Angeles’ diverse communities.'" (Larchmont Buzz)

Investors create fund to protect Little Tokyo from gentrification "They've amassed 100 investors and almost $1 million. With some foundation support, they leveraged their money to buy their first building last month." (CBS2)

The landlord wants control of the Magic Castle. Will its magicians’ club stay or go? "Academy members must decide by Sept. 29 whether to accept the deal or find a new clubhouse by the end of 2028. The proposal is causing division among members." (LA Times)

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