Santa Monica-based real estate investment and development company Redcar has plans to redevelop a 3.57-acre, four-building industrial property just south of Los Angeles State Historic Park into an approximately 150,000-square-foot mixed-use office campus, plans filed with the city of Los Angeles last month show.
Named Main & Naud in planning documents, the project would take shape at 1635 – 1639 N. Main Street and 1600 Naud Street, converting the site’s existing industrial buildings into about 140,000 square feet of office space, 7,000 square feet of restaurant floor area, and 3,900 square feet of retail space. Designs for the project, which would also provide about 50,000 square feet of publicly accessible open areas including a roughly 15,000-square-foot landscaped paseo, are being led by Portland, Oregon-based firm Allied Works.
“The Project would convert the appearance of the Project Site from buildings surrounded by hardscape to a cohesive and integrated commercial campus with a central paseo and greenscape,” the development team writes in application documents.
Plans on file with the city of LA list an expected construction timeline beginning in the fall and finishing about 19 months later, in 2024. The development would result in a net increase of 40,801 square feet of floor area through the demolition and renovation of existing buildings as well as new construction.
The project would provide space for 171 automobiles in an underground parking garage, as well as surface-lot space for 55 cars, plans show.
A company registered in state business filings at Redcar’s Santa Monica address acquired the three-parcel project site in a series of transactions in 2020 and 2021 for a combined total of about $38 million, according to county property records.
Redcar is also the developer behind plans for a roughly 40,000-square-foot office project in Santa Monica.
