LOS, ANGELES, CA (June 7, 2018)—Hackman Capital Partners was honored for its mixed-use development, The Culver Steps, at the 48th Annual Los Angeles Architectural Awards, hosted by the Los Angeles Business Council (LABC) on June 1st at the Beverly Hilton. The Culver Steps received the Under Construction Award, which recognized the project and the vision of the entire project team—developer, Hackman Capital, architects Ehrlich Yanai Rhee Chaney, landscape designers SWA Group and general contractors, KPRS Construction.
This year’s LABC competition received more than 275 submissions in 23 design categories. The Culver Steps was one of 54 winning projects.
“We’re thrilled to be among such an innovative and prestigious group of winners,” said Mike Racine, Hackman Capital’s Vice President of Asset Management.
The Culver Steps, located in Culver City and slated for delivery early 2019, features 40,000 square feet of curated retail space, 75,000 square feet of creative office space, a near-acre-sized public plaza and a two-level subterranean parking structure. The office portion of the four-story development has already been leased to Amazon Studios.
Amazon Studios also is occupying the historic mansion and bungalows at The Culver Studios, next door, and will be talking approximately 280,000 square feet at the soon-to-be-developed media campus, by 2020.
The Culver Studios, another Hackman Capital affiliated-owned property, will begin its transformative expansion later this summer, nearly doubling its size, to make room for the streaming giant and other entertainment companies.
MORE ABOUT HACKMAN CAPITAL PARTNERS
Hackman Capital Partners is a privately-held, real-estate investment and operating company that focuses on commercial and industrial properties in major U.S. markets. Founded in 1986, the company has invested more than $2.6 billion in properties across 41 states—having owned, through affiliated entities, over 400 buildings totaling 35-plus million square feet. More than 6.2 million square feet of those properties have been located in California.
The company’s most notable Southern California projects include The Culver Studios, a 14.3-acre film and television studio campus and home of Amazon Studios, The Culver Steps, a 1.16-acre, mixed-use development, directly adjacent to The Culver Studios, a 75,000-square-foot creative office conversion at 5500 West Jefferson Boulevard in Los Angeles, a 550,000-square-foot creative campus conversion in El Segundo, the Beats/Apple Southern California headquarters, and Westwood One Studios.
Hackman Capital Partners is headquartered in Los Angeles, California and has additional offices in Chicago, Illinois and Columbus, Ohio. With its related entities, it employs a staff of more than 60 professionals.