Lincoln Property Company and Clarion Partners want to more than triple the office space at their recently-purchased Jefferson Creative Campus in Baldwin Hills.
The duo plans to add a 329,000-square-foot office building next to the property’s existing 152,000-square-foot office complex, according to Urbanize, citing a city filing.
Gensler is designing the project, dubbed 5870 Jefferson for its street address. The five-story building has a curving glass façade and includes three stories of underground parking. The developers need a series of discretionary approvals to build the new structure. Tenants at the existing building include cannabis company MedMen, Spin Master, and Prana Studios.
Lincoln Property is coming off a major office buy in Hollywood. In late December, the firm paid $186 million for Hollywood 959, a 261,000-square-foot property developed by J.H. Snyder Company.
[Urbanize] — Dennis Lynch