Creative offices are still having their moment in Los Angeles with another planned in Santa Monica.
The city is reviewing a proposal for a 26,300-square-foot contemporary industrial design from an Encino-based entity at 1643-1651 Euclid Street, according to Urbanize.
The developer on the books is Untold Sums, managed by members of the Encino-based law firm Gettleson, Witzer & O’Connor, state records show. The firm caters to the entertainment industry. The firm’s managing executive, Randal O’Connor, is listed as CEO of Untold Sums. Entertainment lawyers and agents often act as LLC officers on behalf of clients.
Untold Sums paid $12.5 million for the property last August, according to property records.
The construction would include three levels over a 90-vehicle underground garage. If approved, the project would rise on what is now a parking lot of about a third of an acre. The design by 11kps and Loescher Meachem Architects has a curved “barrel” roof, large windows, and a brick and concrete facade.
The development site sits among other small-lot offices and industrial properties and is around the corner from an office development site Watt Companies sold last fall to Houston-based Friedkin Group for $51.3 million.
Watt entitled that property for a 30,200-square-foot office building. Friedkin Group plans to follow through with that plan and occupy the office itself. [Urbanize] — Dennis Lynch