Culver City to Become New Home for HBO’s West Coast Headquarters
CULVER CITY, CALIF. — HBO has signed a long-term lease to move its West Coast corporate headquarters from Santa Monica, Calif. to Ivy Station in Culver City in 2021.
HBO will fully occupy the five-story, 240,000-square-foot office building at Ivy Station. HBO’s current lease at Colorado Center in Santa Monica, where it has been based since 2004, expires at the end of this year. The Los Angeles Times reports that the new lease is for 15 years.
A joint venture between Lowe, AECOM-Canyon Partners and Rockwood Capital broke ground on the $350 million, 5.2-acre mixed-use project in September 2017. Completion is scheduled for mid-2020.
Ivy Station is situated adjacent to the Culver City station stop along the Los Angeles Metro Expo Line. The transit-oriented development will include 200 apartment units, a 148-room hotel, 50,000 square feet of retail and restaurant space, two acres of outdoor space and 1,500 parking spaces, 300 of which will be designated for metro transit riders.
“HBO is an ideal business anchor for Ivy Station, bringing to the property creative professionals that will enjoy access to public transit, host out of town guests at the hotel, and frequent the shops and restaurants that will populate the ground floor town square-style retail space,” says Tom Wulf, executive vice president of Lowe.
HBO isn’t the only company moving to Culver City, which is located about 10 miles west of downtown Los Angeles. Last year, Amazon Studios moved into the historic Culver Studios, and later decided to lease 75,000 square feet of office space at the new Culver Steps. Apple has leased 128,000 square feet of office space in the city and Sony Studios has been based there for 30 years.
Ehlrich Yanai Rhee Chaney Architects designed the office building, which will feature large flexible floorplates, operable windows and outdoor balconies. Killefer Flammang Architects designed the master plan, hotel and residential units of Ivy Station.
Jeff Pion of CBRE represented the joint venture in the lease transaction. Matthew Hargrove, also of CBRE, represented HBO.
— Alex Tostado