The Ratkovich Company, which recently announced a 90 percent leased rate at its building at 5900 Wilshire Blvd., has completed installation of drought resistant landscaping in front of the property.
Formerly known as the Variety Building, hospitality, lifestyle and real estate development company SBE assumed naming rights to the property after relocating its corporate headquarters to the top two floors of the 31-story, 490,000 square foot tower.
Among other recent tenant signings are Premiere Digital Services and the Academy of Motion Picture Arts and Sciences, making 5900 Wilshire home to 40 companies with 1,300 employees, including Los Angeles magazine and the executive offices of the Los Angeles County Museum of Art.
The company has completed several capital improvements to 5900 Wilshire. A landscaping transformation features 8,000 square feet of drought-resistant landscaping that will save an estimated 350,000 gallons of water annually. In addition, four electric vehicle-charging stations were installed for tenant use.
Besides using less water and needing less maintenance, “the new landscape connects the building to the boulevard,” said Clare DeBriere, chief operating officer of the Ratkovich Company.
“The prior landscape caused the buildings to stand aloof and disconnected from the street. The new gardens were designed as a way to engage Wilshire and the neighborhood,” said DeBriere. “We’re changing the nature of the spaces around the building to say ‘come on in and stay awhile… you are welcome here.’”
They are also meant as a refuge for the tenants for recreation, dining and get-togethers.
Category: Real Estate