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The website of SPF Architects has revealed a new look for WE3, the proposed third building at the Water's Edge office complex in Playa Vista.

The $70-million project, which is slated for a vacant lot near the intersection of Lincoln and Jefferson Boulevards, would consist of a six-story structure featuring approximately 128,000 square feet of creative office space.

Renderings portray a contemporary design with punched windows and a translucent metal canopy.  The new building would be linked the the existing Water's Edge complex through a shared amenity center.

WE3 is being developed by a joint venture between real estate firm DivcoWest and Robert Maguire, the legendary Los Angeles builder behind landmark Downtown projects such as the U.S. Bank Tower.

A timeline for the project is currently unclear, though the developers are in the process of obtaining permits, and the SPF website points to 2017.

Water's Edge (Image: Google Maps)

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Local developer Wiseman Residential will try its hands at a mixed-use apartment building in Venice, according to a filing earlier today with the City of Los Angeles.

The proposed development, which would replace an auto body repair shop at 1808-1816 S.