Spotify Will Open Regional Headquarters in the Arts District
Music streaming service Spotify will open a new regional headquarters in Los Angeles’s Arts District.
Representatives of the recently opened At Mateo office and retail complex announced Monday that the Swedish tech company had signed on to lease approximately 110,000 square feet of office space at the site.
The arrival of Spotify marks another big step in the Arts District’s transformation from a trendy area popular with artists and gallery owners to a major corporate hub and a live-work destination for highly paid creative types.
Warner Music Group announced plans to relocate to the neighborhood from Burbank in 2016, and both food-replacement startup Soylent and the USC Roski School of Art and Design are moving into At Mateo along with Spotify.
Spotify will occupy well over half of the complex, which was originally planned as an open-air shopping center before owners began focusing on office space midway through development. Rumors have been swirling since the beginning of the year that the tech company was considering a lease at the site.
At Mateo representatives say the complex, which quietly opened earlier this year, is now 85 percent leased.