Following months of rumors, it's now official: HBO is moving its West Coast headquarters to Culver City.
Earlier this week, developers Lowe, Rockwood Capital, and AECOM-Canyon Partners announced that company behind the premium cable network has leased the entire 240,000-square-foot office building at the Ivy Station development, now rising next to the Expo Line's Culver City Station. The $300-million development - which fronts Venice, National, and Washington BOulevards - will also include 200 apartments, a 148-room hotel, 50,000 square feet of ground-floor retail, and two acres of outdoor gathering space.
The five-story edifice which HBO is slated to call home sits atop the Culver City-Los Angeles border along Venice Boulevard.
"HBO is an ideal business anchor for Ivy Station, bringing the property creative professionals that will enjoy access to public transit, host out of town guests at the hotel, and frequent the shops and restaurants that will populate the ground-floor town-square-style retail space," said Tom Wulf, Executive Vice President of Lowe, in a statement.
Ivy Station - which is being designed by KFA Architecture, EYRC Architects, RELM, and Cuningham Group - began construction in September 2017, and is expected to be completed in mid-2020. HBO is scheduled to move into its new building in early 2021.
In decamping from Santa Monica for Culver City, HBO joins e-commerce giant Amazon, which is moving subsidiaries including Amazon Studios, IMDb, and Amazon Video to the Culver Studios campus.
HBO will also be located directly across the street from Apple, which is opening an office for its new production arm in a building currently under construction at 8777 Washington Boulevard.
Cushman & Wakefield has announced that video startup TubeScience has leased an industrial building in the Arts District to house the company's production and development teams.
The Downtown-based firm will take 104,000 square feet at 655 S. Santa Fe Avenue, which is located on a 2.3-acre site near the Sixth Street Viaduct. The two-story building is currently occupied by Everest Bag, which is relocating to a larger facility in Vernon.
TubeScience is the latest company to sign a big lease in the Arts District, coming on the heels of Warner Music Group, Lyft, Spotify, and Honey.
Brandon Gill, Brandon Burns, and Jae Yoo from Cushman & Wakefield represented the landlord - the family which owns Everest Bag - in the transaction, while TubeScience was represented by Ian Ameche of Lee & Associates.
- This Week's Leases (Urbanize LA)