An initial study published by the City of Los Angeles sheds light on a proposed development Arts District development that would replace the current home of the startup Hyperloop One.
The project site, located at 2159 E. Bay Street, is currently improved with a collection of small industrial buildings - some of which date to the early 1920s. Developer Tishman Speyer plans to raze these warehouses to construct a three-building campus featuring approximately 203,000 square feet of office space with 16,000 square feet of ground-floor commercial uses, 3,235 square feet of event space, and parking for 711 vehicles on two basement levels and one at-grade level.
Arts District-based architecture firm Shimoda Design Group is designing the 2159 Bay Street project, which would consist of an eight-story, 140-foot-tall structure flanked by two two-story commercial buildings. Its design is described as resembling "classic industrial architecture" with staggered terraces that create outdoor amenity spaces and distinguish each of its eight floors. Plans also call for an internal pedestrian paseo to create a pedestrian link between Bay and Sacramento Streets, as well as accommodations for a potential future connection to the L.A. River.
Pending approvals by the City of Los Angeles, construction of 2159 Bay Street is anticipated to be completed by 2025, according to the initial study.
A handful of similar commercial developments are also planned for nearby industrial sites, including a proposed mixed-use campus next-door to the 2159 Bay Street site. North on Violet Street, Onni Group and Lowe Enterprises have announced plans for mixed-use and office complexes respectively.
Tishman Speyer, based out of New York City, has recently constructed a slew of new office buildings in Playa Vista, but the Arts District project would represent their first venture into ground-up development in Downtown Los Angeles.