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ASB Real Estate Investments and Blatteis & Schnur have announced that meal supplement technology company Soylent has leased 29,000 square feet of office space in At Mateo, its new retail and office complex in the Arts District.

The $80-million project, scheduled to open on May 1, features nearly 125,000 square feet of open-air retail space in addition to 50,000 square feet of offices in four buildings at the corner of Palmetto and Mateo Streets.  Master planner Keith ray designed the mixed-use development with cobblestone paseos and buildings with laminated wood beams and bricks, matching the aesthetics of the Arts District.

By taking more than half of the space in At Mateo, Soylent represents another coup for the Arts District's office market, which made waves last year when Warner Music Group announced that it would relocate its Southern California headquarters to the Shorenstein Company's restored Ford Factory.

Other developers, including Onni Group, Hudson Pacific Properties and Tishman Speyer, are also adding office space to the neighborhood, while dozens of multifamily projects are also in the works.

Image via At Mateo
Image via At Mateo

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Western Avenue Great Streets Project Expands in Scope

An extra $200,000 could pay for more items from a community wish list.
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The people-friendly makeover imagined for Western Avenue through Mayor Eric Garcetti's Great Streets Initiative could be getting a little bit grander in scope.

The project, dubbed "Welcome to Western," is intended to bring commercial facade improvements, new street trees, and public art installations to Western Avenue between 3rd Street in the south and Melrose Avenue in the north.  LA Más, the non