search

The Real Deal Logo

Trending

Housing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsTides Equities faces three foreclosures in Fort WorthTides Equities faces three foreclosures in Fort WorthBillionaire hedge funder Larry Robbins makes South Florida moveBillionaire hedge funder Larry Robbins makes South Florida moveChavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosureChavin surrenders Loop office-to-resi play with deed-in-lieu of foreclosure
Commercial
Los Angeles

To reach the tech giants in Playa Vista, apartment developer wants to build a bridge

A proposed 236-unit complex would be more easily accessible with a bridge over Centinela Creek

A rendering of Del Rey Pointe and a map of the project site (credit: LADCP)
A rendering of Del Rey Pointe and a map of the project site (Credit: LADCP)

Playa Vista is home to Google’s massive Spruce Goose campus, as well as offices leased by Facebook and Yahoo, among other tech giants.

Now, an industrious apartment building developer wants to build a bridge to get closer to that action.

The 236-unit proposed Del Rey Pointe project would rise on a 2.7-acre peninsula between Ballona and Centinela creeks, according to Curbed.

The developer, locally based entity 5000 Beethoven, LLC, wants to build a bridge over Centinela Creek to connect the complex with Beethoven Street in Playa Vista, where numerous tech companies have set up shop over the years.

Sign Up for the undefined Newsletter

Del Rey Pointe is planned as six stories and 235,000 square feet in total. A total of 38 units would be set aside for varying low-income categories. The Albert Group Architects is designing the complex.

The developer also wants to build a pedestrian and bike bridge to connect the property to the Ballona Creek Bike Path, which runs seven miles from the Coast Bike Path and north to Culver City. [Curbed]

A timeline for the project isn’t clear, but the bridge would take around 30 months to complete and the apartment complex itself around two years, according to Los Angeles Department of City Planning documents.

The developer is working with the Army Corp of Engineers and L.A. County’s Flood Control Department to work out approvals for the project because they have some jurisdiction over the waterways.

Tags
Playa Vista