February 17, 2016
Los Angeles-based Kearny Real Estate Company has unveiled a $100-million redevelopment plan for the 24-acre, former Los Angeles Times site in Costa Mesa that it acquired in November. The former 300,000-square-foot printing facility is being transformed into a distinctive creative campus called “The Press.”
The repositioning is expected to attract larger firms, and meet the region’s creative space demands for large tenants. The Press features include:
– A main facility featuring a steel-frame structure with soaring 50-foot clearance
– Exterior full-height glass panels
– Expansive grid of skylights flooding the building with natural light
– Planned indoor/outdoor amenities: amphitheater, yoga lawn, volleyball court, BBQs and outdoor soft seating
Design work is being handled by architecture firm LPA. Leasing is being handled by Cushman & Wakefield’s Rick Kaplan and Rob Lambert.