Lowe, AECOM Capital and an investment vehicle sponsored by Rockwood Capital have begun construction of the highly-anticipated mixed-use Ivy Station. The approximately 500,000-square-foot project is adjacent to the Culver City Station of the recently extended Los Angeles Metro Expo light-rail line connecting downtown Los Angeles to the beach.
The development is set on a 5.2-acre urban infill site and features 200 apartments, 55,000 square feet of ground floor retail and restaurant space, a 148-room boutique hotel and a 200,000-square-foot office building. The project will have 1,500 spaces of below-grade parking, 300 of which will be dedicated for use by Metro riders, and will feature more than two acres of publicly accessible open space.