Follow the tech firms: Sandstone eyes hotel in booming Culver City

Development would replace a strip mall with 175-room project

Los Angeles /
Apr.April 25, 2019 04:00 PM
Sandstone CEO Eri Kroh and the strip mall at 11469 Jefferson Boulevard (Credit: Sandstone)
Sandstone CEO Eri Kroh and the strip mall at 11469 Jefferson Boulevard (Credit: Sandstone)

Sandstone Properties is hoping to take advantage of the tech and office resurgence in Culver City with a boutique hotel project.

The Los Angeles-based firm plans to build a 175-room hotel, rising at 11469 Jefferson Boulevard, Urbanize reported. The five-story building would also include restaurant space. It would replace a 12,600-square-foot strip mall.

The project is designed by Nakada Partners, but the developer has not submitted an application to the city yet. Sandstone purchased the site in 2014 for $4.6 million, records show.

Earlier this month, HBO leased 240,000 square feet at the Ivy Station complex in Culver City, which will also include 200 apartments and a 148-room hotel with shops and restaurants.

Apple has more than 275,000 square feet of office space in Culver City, and Amazon also has a big presence. One of its leases is for 500,000 square feet at Hackman Capital Partners’ Culver Studios and the other is for 75,000 square feet at the Culver Steps project. Mobile game developer Scopely also doubled its footprint in Culver City this month.

Sandstone is building The Albany hotel that’s set to have 730 rooms in Downtown Los Angeles. Its Culver City project would add to the flood of hotel developments in Los Angeles, most of which are set for Hollywood and Downtown L.A. [Urbanize]Gregory Cornfield


Related Articles

arrow_forward_ios
Neil Shekhter (Shekhter by Kevin Scanlon; iStock)
Santa Monica mega-portfolio officially hits market
Santa Monica mega-portfolio officially hits market
NMS Properties' Neil Shekhter and renderings of 1325 6th Street, 1437 6th Street, 1430 Lincoln Blvd. and 1318 Lincoln Blvd. in Santa Monica (Kevin Scanlon, WSC)
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
City for sale: Shekhter looks to unload mega-portfolio in Santa Monica
Sean Burton and a rendering of the project (Cityview, Humphreys & Partners Architects)
Cityview secures funding for nearly 300-unit complex near USC
Cityview secures funding for nearly 300-unit complex near USC
8771 Washington Blvd. (Google Maps, iStock)
Apple snags Culver City offices, warehouses in $162M deal
Apple snags Culver City offices, warehouses in $162M deal
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
Rendering of 577-unit District Square project in South L.A. (Los Angeles Department of City Planning, iStock)
Judge orders LA to reconsider Charles Co.’s District Square project
Judge orders LA to reconsider Charles Co.’s District Square project
Forme Development President Damon Chan and rendering of 550 Shatto Place (Forme, Gensler via Urbanize)
Going up: Koreatown tower project developers boost plans
Going up: Koreatown tower project developers boost plans
Herb Wesson (top) and Curren Price with a rendering of 3800 W 6th Street (Linkedin, Twitter, Large Arch)
LA officials backtrack on aid for Koreatown hotel project
LA officials backtrack on aid for Koreatown hotel project
arrow_forward_ios

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

Loading...