A first look inside At Mateo’s creative offices

Los Angeles /
May.May 10, 2016 04:35 PM

Spare, open space; wood ceilings; juliet balconies and floor-to-ceiling windows that look out at the Arts District. That what’s in store for the creative office portion of At Mateo, a mixed-use retail development by a joint venture between Blatteis & Schnur and ASB Real Estate Investments.

The two-story space with 15-foot ceilings is the only new-construction, ground-up office project in the Arts District. It will be leased by CBRE. 

The venture purchased the site consisting of five large warehouses at 555 Mateo Street in 2014 for $32.5 million with the intention of converting it into a retail hub. In addition to the office space, the approximately $90 million development will have 128,000 square feet of retail, including roughly 20,000 square feet of restaurants. There will also be 540 parking spaces.

Keith Ray of Edge Architecture and Rios Clementi Hale Studios designed the project, which broke ground in October 2015. It is slated to open on March 1, 2017.

The owners are planning to turnover space to retailers in the last quarter of this year and office tenants in October of this year, according to a project spokesperson.


Related Articles

arrow_forward_ios
Photo illustration of Prologis CEO Hamid Moghadam in front of the Greyhound station at 1716 E 7th St. (Getty)
Prologis buys LA Greyhound station for $91M
Prologis buys LA Greyhound station for $91M
300 S. Santa Fe Ave. (Google Maps)
LA’s top 5 multifamily investment sales of 2020 fell 50%
LA’s top 5 multifamily investment sales of 2020 fell 50%
Continuum CEO Mark Falcone and a rendering of the project (EYRC Architects via Urbanize)
Continuum Partners, Platinum Equities plan Arts District office tower
Continuum Partners, Platinum Equities plan Arts District office tower
Tim Naughton and a rendering of the project (Credit: OFFICEUNTITLED and AvalonBay)
AvalonBay secures $167M loan for Arts District resi project
AvalonBay secures $167M loan for Arts District resi project
Lowe co-CEO’s Mike and Rob Lowe, Related Fund Management’s Justin Metz, 2130 Violet Street
Related affiliate joins with Lowe to build Arts District office complex
Related affiliate joins with Lowe to build Arts District office complex
View of Carmel Partners' 520 Mateo
Huizar arrest fallout: Carmel Partners places exec on leave
Huizar arrest fallout: Carmel Partners places exec on leave
Rossano de Cotiis and the Violet Street development site (Credit: Google Maps)
Onni Group back with a new plan for Arts District project
Onni Group back with a new plan for Arts District project
From left: Nuveen CEO Vijay Advani, Graymark founder/CEO Brian Hecktman
Graymark, Nuveen pay $97M for El Segundo creative office
Graymark, Nuveen pay $97M for El Segundo creative office
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...