Los Angeles Okays Westside 12-Story Medical Building

Real estate investment firm, Stockdale Capital Partners, has won approval from the Los Angeles City Council for construction of a 145,000-square-foot, Class-A medical building on the city’s Westside. The facility, located at the intersection of San Vicente and Wilshire Boulevards, will likely break ground in late 2023.

“We are excited to bring this best-in-class medical office development to West Los Angeles, a market with remains extremely underserved with outdated product,” said Stockdale’s Daniel Michaels. “We are already in discussions with leading healthcare providers for prospective tenancy.”

The facility is designed to accommodate modern, higher-acuity procedures such as surgery and other invasive outpatient services that are not easily-placed in the older building stock of the West LA area. The built-in sustainability features include living gardens on the ground and upper floors, potential for building-integrated solar, use of recycled materials, high-efficiency heating and cooling systems, and energy-efficient design and green spaces throughout.