More big changes are coming to Miracle Mile. Directly across from the La Brea Tar Pits, J.H. Snyder Company is planning to start construction early next year on a 12-story office building. The Beverly Press reported this week that the developer announced plans to break ground this spring and complete the project in two years.
Renderings from architecture firm Jerde Partnership depict a pretty uniquely-shaped building with an angular glass façade. It will rise on an existing parking lot facing the tar pits on Curson Avenue, just north of Wilshire Boulevard. That’s right next to Synder’s completely full SAG-AFTRA Plaza (formerly known as Museum Square).
The $170-million project will include 250,000 square feet of office space, plus public gardens. The developer also plans to expand an existing parking structure to accommodate more than 2,100 cars.
With low office vacancy in the Wilshire Corridor/Hollywood market, according to The Real Deal, there's demand for new office space in Miracle Mile. The area could become more popular in the next few years with numerous projects in the works, including LACMA’s overhaul, the Academy Museum of Motion Pictures, and the Purple Line extension.
- See the latest images of Peter Zumthor’s LACMA redesign [Curbed LA]
- How the Academy Movie Museum is Prepping For Work to Begin in March [Curbed LA]