Hollywood Reporter: Amazon, Apple and the Creative Hub Rising in the “Heart of Screenland” | Debbie Weiss

Culver City officially turns 100 on Sept. 20 and will celebrate that milestone three days later at Culver Hotel — the six-story flatiron structure built by city founder Harry Culver and subsequently owned by Charlie Chaplin and John Wayne — with a black-tie masquerade ball. It’s just one of many centennial celebrations, including a 5K run this spring through the Culver Studios backlot and over the yellow brick road featured in The Wizard of Oz.

Festivities may be themed to Hollywood’s Golden Age, but Culver City, home to Sony Pictures since 1990, is anything but a relic. In fact, the 5.19-square-mile metropolis, which during the 1940s was producing half of all movies made in the U.S., has evolved into a tech-inflected mecca for global entertainment, surrounded by a residential real estate explosion that has seen home values nearly double in the past eight years.

And while it’s safe to say Harry Culver probably never anticipated hosting Gwyneth Paltrow’s “In Goop Health” summit or housing a mall that hawks $480 hoodies, he was entirely prophetic when it came to location. “If you look at Google Earth, Culver City provides an amazing number of access points,” says Carl Muhlstein, international director at commercial real estate firm JLL. “It is literally in the middle of the city, with freeway access offering a straight shot to all of the studios. Couple that with superior tax rates compared to the city of L.A. in terms of gross receipts and employee taxes, and it’s extremely attractive to entertainment companies.”

Amazon Studios and Apple both recently have signed leases at Culver Studios (once owned by Cecil B. DeMille and later Desi Arnaz and Lucille Ball), the movie lot anchored by the “Mansion,” a white, columned structure that was Tara for certain scenes in Gone With the Wind. HBO is planning a move to the Washington Boulevard site of restaurant supply store Surfas, with architectural group Gensler tapped to design. The former 1980s Sony Pictures Plaza building is mid-makeover and will house a mix of offices and retailers (Equinox already has leased 32,000 square feet). Nearby, the $300 million Ivy Station project will include a 148-room boutique hotel, apartments, offices, shops and restaurants.







The new arrivals join Beats, Disney’s Maker Studios, gaming company Scopely, digital marketing firm SteelHouse and PopSugar LA — many of them clustered around the Hayden Tract, a former industrial area now known for its architecturally experimental buildings. The influx of world-class creative businesses has in turn impacted the area’s residential market — the median home sale has jumped 27 percent in the past year, according to Trulia. “When you have high-paying jobs in a region, increases in home prices follow suit,” notes UCLA Anderson School of Management professor Paul Habibi. “And the fact that it’s a sovereign, independent city with its own services, planning and zoning is attractive to developers and investors.” The May 2016 extension of the Expo Line, linking Culver City to Santa Monica, has only added to the allure.