International Coffee & Tea, which does business as The Coffee Bean & Tea Leaf, is planning to move out of the Wilshire Courtyard campus on the Miracle Mile and into a new corporate headquarters to be built on the 6000 block of West Jefferson Boulevard in the Baldwin Hills/Crenshaw neighborhood.
The proposed project would be located on a 3.7-acre site and would consist of two buildings totaling nearly 219,000 square feet of space, according to documents filed with the City of Los Angeles.
The building fronting Jefferson Boulevard would be three stories tall, containing 54,000 square feet of space to be used for roasting coffee, nearly 51,000 square feet of warehouse space and 2,200 of retail and restaurant space. The second building would be six stories in height with more than 90,000 square feet of office space. There also would be 828 surface and subterranean parking spaces.
Architecture firm Jack Hollander & Associates of Beverly Hills is designing the project, which is near the Los Angeles County Metropolitan Transportation Authority Expo Line’s La Cienega/Jefferson station.
Coffee Bean purchased the land for the project last year. It has been a tenant at Wilshire Courtyard since 2015.
The coffee company’s landlord, New York-based real estate investment firm Tishman Speyer, reportedly put Wilshire Courtyard up for sale last month.
Real estate reporter Ciaran McEvoy can be reached at firstname.lastname@example.org or (323) 556-8337.
For reprint and licensing requests for this article, CLICK HERE.
Stories You May Also Be Interested In
- Tishman Nears $630M Wilshire Courtyard Sale
- WeWork Signs 30th LA Lease at Wilshire Courtyard
- Tishman Speyer Putting 1 Million S.F. Wilshire Courtyard on the Market
- SUNNY SASSOON
- Miracle Mile Records Only Large Lease Deals in Steady Quarter
- Coffee Bean Opens 1,000th Store at New HQ
- Miracle Mile Property Faces Massive Departure
- SNYDER SHOWCASE