LOS ANGELES-Tishman Speyer plans to move forward with a 200,000-square-foot creative office project in the Playa Vista master-planned community. Tishman Speyer and partner Northwood Investors will break ground in April, with delivery scheduled for March 2015.

The project, which will be constructed according to LEED Gold standards, will consist of five two-story free-standing buildings on a nine-acre site at 11975-12015 Bluff Creek. Designed by the award-winning architecture firm Shimoda Design Group, it will feature open floor plans, double-height lobbies, floor-to-ceiling glass, pre-cast concrete and 13 to 23 foot ceilings. Floor sizes will range from 16,000 to 23,000 square feet. Unique amenities will include 18,000 square feet of private outdoor gardens that tenants can use for meetings and after-work barbeques fostering an integrated indoor/outdoor lifestyle.

Tishman Speyer's new development is adjacent to the nine-acre Campus Central Park, which offers immediate access to a variety of amenities including a soccer field, basketball and sand volleyball courts, lushly landscaped gardens and an outdoor amphitheatre that hosts a range of performances including theatrical productions, movies and concert events.

The project will complement The Campus at Playa Vista, a successful Tishman Speyer development that was sold in 2012. The Campus achieved 97% occupancy with a tenant roster that includes Belkin, USC Institute for Creative Technologies, Facebook and ICANN. Other tenants that have chosen Playa Vista include technology, entertainment and advertising firms such as Google (YouTube), Electronic Arts, Konami Games, 72 & Sunny, TMZ, Deutsch and Microsoft.

In addition to the project announced today, Tishman Speyer holds 400,000 square feet of office space entitlements for future development on Campus Center Drive.

Playa Vista, a 1,087 acre master-planned development in West Los Angeles, is one of the most attractive mixed-use communities on the West Coast, boasting over 6,000 residential units (3,200 units delivered to date, the balance currently under construction with delivery scheduled for 2015), 1.7 million square feet of class A office space (partially completed) and a Whole Foods-anchored neighborhood “lifestyle” retail center scheduled for completion later this year.

Northwood Investors is a privately-held real estate investment advisor that was founded in 2006 by John Kukral, the former president and CEO of Blackstone Real Estate Advisors.

Instant Insights /

New Creative Office Development Slated for Playa Vista

Related Stories

Recommended For You