Swift Real Estate starts $40M creative office repositioning of Flyte El Segundo office complex
Complex is next door the LA Times new offices, which is getting its own facelift
Swift Real Estate Partners has started its $40 million renovation and reposition of a 580,000-square-foot office complex in El Segundo.
The three-building Flyte El Segundo at 2200 E. Imperial Highway is getting a new plaza with space for outdoor dining, an amphitheater, shade covering, and space for food trucks, beloved by creative office tenants everywhere. The San Francisco-based firm tapped architect Ware Malcolm to take on the renovation.
The complex includes three buildings — two 11-story office towers and a 10-story building with offices and parking. It’s currently occupied by defense contractor Raytheon and telecoms giant AT&T.
Flyte El Segundo is next door to the Los Angeles Times’ new headquarters, abuzz with its own renovation and development work. The Times’ owner, Patrick Soon-Shiong is renovating the main seven-story newspaper building to create the “most modern newsroom” that can accommodate the paper for another century.
He’s also building the L.A. Times Center, a 100,000-square-foot multimedia and event space next door. The new building will include an e-sports competitive video game arena and the newspaper’s production studio. [Urbanize] – Dennis Lynch