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Never Mind, BuzzFeed Isn't Moving To The Arts District
After all of that fanfare, Buzzfeed isn't moving into the Arts District after all. BuzzFeed was looking at settling down in a massive, 250,000-sqaure-foot space in the 5-story Ford Motor Factory Building at 2060 E. Seventh St., just across from Stumptown Coffee. However, BuzzFeed and property owner Shorenstein Properties were unable to reach a deal, L.A. Business Journal reports. It's unclear what prevented the deal from going through.
BuzzFeed will now look at other spaces that are big enough to accommodate their needs.
The media giant currently has four L.A. offices, including their editorial space at 7323 Beverly Blvd. in Beverly Grove, their branded content office at 6255 W. Sunset Blvd. in Hollywood, and their sales space at 608 Main St. in Venice. Those employees who work at BuzzFeed Motion Pictures will be moving from their spot on De Longpre Avenue in Hollywood to a nearby 52,000-square-foot space at Siren Studios' media campus on Sunset Boulevard.
BuzzFeed's old video office will become the site of a mixed-used development called The Academy.
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