Property owners Hudson Pacific Properties and Macerich made the announcement today that Google, Inc. signed a 14-year lease for a planned 584,000-square-foot “creative office campus” at the West Los Angeles site. Google’s lease term is expected to begin in 2022 following completion of construction.
L.A. Mayor Eric Garcetti tweeted today that Google and HudsonPPI “are making powerful investments in L.A. & the genius of our people by turning part of the Westside Pavilion into offices. When the jobs of tomorrow go near transit hubs, we create opportunities for every community to thrive & be part of defining the future.” One Westside is located near a light rail station and “proximate” to the I-405 and I-10 freeways.
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Construction on the redevelopment of what’s being called One Westside will begin later this year, according to HPP. Designed by the Gensler architecture firm, One Westside will convert the former shopping mall into “Class A creative office space.”
Victor Coleman, chairman and CEO of HPP, said that “Google’s selection of One Westside demonstrates the strength of the Los Angeles tech and media industries, and exemplifies the type of creative office space that is in demand from large tech and media tenants.”
According to HPP, the project “repurposes high ceilings and a multi-level atrium and skylight” and will include bridge access to the Landmark Theatre, the Westside Tavern restaurant and retail shops.
Last month, Google announced plans for a new $1 billion campus in Lower Manhattan spanning 1.7 million square feet of office space, with lease agreements at 315 and 345 Hudson St. and a signed letter of intent at 550 Washington St. The company plans to occupy the Hudson Street offices by 2020, and Washington Street by 2022. Google also paid $2.4 billion earlier this year for Chelsea Market, a converted factory space that has been home to a thriving retail and restaurant cluster as well as media companies like Food Network and the MLB Network.
Regarding the One Westside plans, RG Kahoe, Google’s Real Estate Project Executive for the Southwest, said, “Google’s been a proud member of the Los Angeles community since 2003. We’re excited to continue investing in the community as part of Hudson Pacific and Macerich’s adaptive reuse project at One Westside.”
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