
$350M MXU Transit-Oriented Development Breaks Ground in LA
The development team of Lowe, AECOM Capital and Rockwood Capital broke ground on Ivy Station, a roughly $350-million transit-oriented development at the Culver City station of the Los Angeles Metro Expo Line.
Lowe’s Tom Wulf says, “We have worked diligently to shape Ivy Station to meet the needs of all stakeholders including transit riders, nearby residents and businesses, and to reflect the vision originally conceived by Culver City’s leaders. Ivy Station is a premier example of the benefits of transit-oriented development for a community and the region.”
Ivy Station will feature 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 built around two acres of publicly accessible open space on a 5.2-acre urban infill site. It also will provide 1,500 spaces of below-grade parking, 300 of which will be dedicated for use by Metro transit riders.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Development