A hotly-disputed, prime piece of land at Playa Vista brings a prime price.
"Lincoln Property Co. of Dallas has won a fierce bidding war over a 5.6-acre land parcel in L.A.'s booming Playa Vista.
...The site is part of the Bluff Creek Campus at the northeastern corner of the 1,067-acre master-planned community; the Campus area is entitled for a total of 3 million square feet of office space. When built out, this will be the first office development on the Campus, which was once supposed to house the headquarters of Dreamworks before that deal fell apart in the late 1990s, triggering a long fight over ownership and development of the entire Playa Vista site."
Thanks to Peter Slatin
FULL STORY: Big Play At Playa Vista
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