A surface parking lot located just east of Pacific Coast Highway in El Segundo is primed for redevelopment, per an initial study published in June by the city's Planning Division.
View looking southeast from Grand AvenueWare Malcomb
Artisan Realty Advisors, which owns the PCT office towers at Pacific Coast Highway and Grand Avenue, is seeking city approvals to redevelop a surface parking lot on the east side of the complex. The proposed project at 1950-1960 E. Grand Avenue calls for the construction of a new five-story building fronting Grand Avenue, featuring nearly 94,000 square feet of office space, as well as a four-level, 258-car parking structure and a 23-space surface lot.
Ware Malcomb is designing the building, which is described as having a contemporary design and an exterior of concrete and glass on all facades, accented with wood-look aluminum. Plans call for folding door systems, allowing the offices within the building to open onto a series of small patios and terraces. A landscaped plaza with seating, shade, and fireplaces would serve as a central gathering space for the property, replacing an existing garden area which
Pending approvals by the City of El Segundo, construction of the new office complex is expected to occur over a roughly 17-and-a-half-month period.
View looking outdoor deck looking northwestWare Malcomb
The project joins a handful of large office developments now in the works on the blocks flanking Pacific Coast Highway, including the new Standard Works Campus and the 243,000-square-foot Catalyst complex.
Artisan, in addition to the El Segundo offices, is also behind plans for a high-rise apartment tower at 6350 Selma Avenue in Hollywood.