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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LOHA-Designed Houses Coming to Franklin Village

Five small lot homes to rise north of the 101 Freeway.

Work is getting underway for a new set of small lot houses near Franklin Village in Hollywood, according to a representative of developer ROM Investments.

The project, located at 1826 Canyon Drive, will consist of five single-family residences, each featuring two bedrooms, 2.5-bathrooms, rooftop decks, and two-car garages.