Lendlease, Aware close on $316m in construction financing for Habitat

Lendlease and joint venture partner Aware Super, one of Australia’s largest superannuation funds, have closed $316 million in construction funding for the development of Habitat, a mixed-use development in Los Angeles.

Habitat will comprise a six-story, 253,000-square-foot office building; a 12-story, 260-unit multifamily building; and 2,900 square feet of retail and restaurant space, complemented by an integrated acre of open space in the Culver City submarket. Office amenities include a welcoming lobby with niches for gathering, fitness center, hospitality-inspired locker rooms with showers, and end-of-trip facilities for cyclist commuters. The residential building, set for completion in early 2026, offers 260 ultra-luxury rental units with a mix of studio, one- and two-bedroom unit types.

Located at 3401 S. La Cienega Blvd. and offering immediate access to the L.A. Metro and Expo Bike Path, Habitat sits in the geographic center of the city — where Culver City me