NeueHouse taps historic Bradbury Building for DTLA location: sources

The co-working company also has a Hollywood office and will move into Venice

Apr.April 30, 2019 02:30 PM
NeueHouse CEO Josh Wyatt and the inside of the Bradbury Building (Credit: Wikipedia)
NeueHouse CEO Josh Wyatt and the inside of the Bradbury Building (Credit: Wikipedia)

Co-working is coming to one of Downtown Los Angeles’ most historic buildings, made famous in films like “Blade Runner” and “500 Days of Summer.”

NeueHouse, a co-working firm based in New York, has leased 28,000 square feet at Bradbury Building for its third L.A. location, The Real Deal has learned.

The firm already has a spot in Hollywood, located at 6121 Sunset Boulevard. It’s also planning on moving into one of Snap Inc.’s former spaces in Venice.

NeueHouse and Goodwin Gaw’s Downtown Properties, which owns the 125-year-old Bradbury Building, declined to comment.

Located at 304 South Broadway, the landmark building spans five stories and 78,500 square feet. It’s best known for its ornate interiors, which feature a skylit atrium and intricate ironwork.

Commissioned by mining magnate Lewis Bradbury and designed by George Wyman, the building makes cameos in film and television shoots. Built in 1893, it’s one of four L.A.-based properties on the National Register of Historic Places.

Gaw bought the building for $5.9 million in 2003, property records show. His firm, which is the U.S. arm of Hong Kong-based Gaw Capital Partners, owns several other historic buildings in the area.

Neuehouse announced it would be expanding in L.A. late last year after a $30 million funding round, though it was unclear where exactly. In Venice, the firm has subleased an 11,530-square-foot space at 73 East Market Street.

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