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| Mixed Use / Residential |
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Since inception Lowe has developed over $1.5 billion of commercial properties nationwide including award winning urban mixed use projects as well as office, industrial and retail projects, and we currently have another $1.0 billion of properties under development. In addition, Lowe has completed $1 billion of masterplanned community and multifamily project development and redevelopment. Our team of seasoned development and construction managers adds value throughout the development process - from site selection through completion.
We are proud that our track record of high quality projects earned the firm National Developer of the Year honor from NAIOP in 2002. Lowe's market based approach to development ensures that our projects consistently outperform the market in both occupancy and overall return. Our properties provide high quality environments for our occupants and visitors while retaining their value over time and enhancing our local communities.
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| Watts, CA |
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Wattstar Theater and Education Center
Lowe was selected by the City of Los Angeles for the development of the Wattstar Theater and Education Center. The project includes a state-of-the-art, four-screen, 1,020-seat cinema and learning center, combined with a community-based learning and vocational training center in the Watts community of Los Angeles. The income from the theater will be used to support the efforts of the non-profit Education Center. The Education Center will provide training rooms for production, post production, lighting, sound, graphics and animation work, as well as administrative space, centralized classroom instruction and presentation rooms. |
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| Culver City, CA |
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Washington/National
Lowe was selected to serve as developer for a mixed-use, urban infill project at the phase I terminus of the new Metro Expo light rail in Culver City, California. The Washington/National project will comprise a dynamic mix of residential, office, retail, and hotel properties at the five-acre transit station property. The project is expected to include approximately 500,000 square feet within a gateway development linking two historic downtown areas of the City. The Expo light rail service will open in 2012 serving a route to downtown Los Angeles. Phase II of the Expo rail service will ultimately connect further west to Santa Monica. The Washington/National development will be the first large-scale mixed-use development located on the Expo line. |
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| Washington, DC |
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Fort Totten Square
In partnership with the JBG Companies, Lowe is developing Fort Totten Square, a mixed-use community located on a large parcel of land near the Fort Totten Metro Station in Northeast Washington, D.C. Fort Totten Square will include 350 apartments and a 120,000 square foot urban-format Walmart with full-service grocery on the ground floor, in addition to select smaller retailers. There will be approximately 450 retail parking spaces and 325 residential parking spaces, for a total of approximately 775 parking spaces. Fort Totten Square will combine the best qualities of urban living with the feel of less densely populated suburban communities. |
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| Washington, DC |
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Washington Hilton
In 2007, Lowe teamed with Canyon-Johnson Urban Funds (CJUF), a joint venture between Canyon Capital Realty Advisors and Earvin “Magic Johnson”. Upon acquisition, Lowe began a $150 million, top-to-bottom restoration of the historic property. The restoration included a makeover of all 1,070 guestrooms, meeting rooms and function spaces, the lobby, restaurants and all public areas. Lowe concurrently developed a plan and secured approvals to add a residential component to the property which is currently in the planning phase. |
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| Washington, DC |
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CityVista
City Vista is a mixed-use development project located in the Mt. Vernon triangle section of Washington DC. The project includes 441 condominiums and 244 rental apartments, 20% of which are reserved as affordable housing. The project also includes a 55,000 square foot urban lifestyle Safeway and an additional 60,000 square feet of retail space including a fitness center, restaurants, and convenience and specialty stores. Construction began in late 2005, the final CityVista asset was sold in 2010.
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| Brea, CA |
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Brea Marketplace
Brea Place is a 1.7 million square foot mixed-use development which includes 350,000 square feet of service, entertainment and promotional retail. At Brea Place, Lowe developed on-site amenities including day-care, health club, retail, restaurants, entertainment and hotel facilities.
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