Lowe's First Build-to-Suit
In early 1989, Lowe and a joint venture partner acquired 12.9 acres in Santa Monica and master planned the parcel pursuant to a development agreement with the City of Santa Monica. The first phase was developed as Sony Music’s West Coast Headquarters, to consolidate its 200 local employees to one campus.
The Class-A project, designed by Steven Ehrlich Architects, includes two 3-story buildings and one 2-story building situated in a garden-campus setting, over subterranean parking. The project also includes two recording studios, a live performance studio, and commissary. The campus is located on the southwest corner of Colorado Avenue and 20th Street in the Santa Monica and helped spark a boom of entertainment-related development in an industrial area of Santa Monica that remains an entertainment business hub.
The project won the 1993 “Golden Nugget” award for commercial project of the year from the Pacific Coast Builder’s Conference.