EL SEGUNDO, CA-A joint venture between Continental Development Corp. and Mar Ventures plans to develop a 15-building office campus of creative space called elevon, GlobeSt.com reported in an earlier story. Jones Lang LaSalle's Steve Solomon and Carl Muhlstein are leading marketing efforts for the project while CBRE's Bill Bloodgood and Bob Healey will oversee building sales.
Few new office developments of this size have come through the pipeline in the past five years, which makes this development particularly interesting. “One of the reasons to do such a large project is to create the amenities that we think are so important,” Allan Mackenzie, president of Mar Ventures, tells GlobeSt.com. Onsite amenities include Wifi office parks, covered meeting areas and restaurant and retail space. And although elevon interiors include concrete floors, natural light and roll-up doors, Mackenzie suggests that this isn't truly creative office space.
“What a lot of people call creative space is taking a five-story building and taking out the ceiling tile and exposing the concrete,” he says. “We go a step beyond that. The size of the building is marketed toward an average user and we offer all of these amenities that we think are important not just to creative users but to the next generation of office users to attract skilled employees.”
As a result, the building can accommodate nearly any office-using industry, not creative industries alone. Mackenzie considers the space “next generation office space” because it provides onsite amenities and mobility but also can be altered to represent the culture of the company, which may or may not include exposed ceilings and metal accents. “We are not necessarily following [the creative office] trend,” Mackenzie explains. “We are creating what the new office user is going to require to be most comfortable and most viable for employers.”
The complex also gives average-size office users in the 5,000 to 10,000-square-foot range the opportunity to own a small-to-average sized building. According to Mackenzie, this is one of the most unique characteristics about the property.
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