×
You will be redirected back to your article in seconds

Snapchat Expands Into Santa Monica Airport

Snapchat has finally outgrown Venice. The $16 billion photo-sharing app, which began in a Stanford dorm room, is leasing 79,000 square feet of office space at Santa Monica Airport.

The Santa Monica City Council approved the five-year lease at its meeting this week. Snapchat will take over space now occupied by VW/Audi, plus some space that was occupied by a law firm. The city expects the company to start moving in in June or July.

While Snapchat has faced some resistance in Venice, where some see it as a driver of gentrification, neighbors in Santa Monica welcomed the firm. The community has been lobbying to reduce flights at the airport and eventually shut it down, so many are glad to see any tenant that is not a private jet operator.

“Snapchat is good — Snapchat is smart,” said Jonathan Stein, president of Sunset Park Anti-Airport. The airport, he said, “is this gigantic center that Silicon Beach hasn’t discovered yet.”

The real estate listing describes the property as a “one-of-a-kind creative space” with concrete floors, high ceilings, sweeping views of the mountains and the ocean and direct access to the airport runway. Snapchat will pay the city $3 million per year for the space. The five-year lease comes with an option for a five-year extension.

Last year, Snapchat signed a 10-year lease for 47,000 square feet of office space in Venice, at Venice Boulevard and Abbot Kinney. The company is growing quickly, fueled by more than $1 billion in private funding.

Snapchat expects to have 300 employees at the Santa Monica site, according to a city staff report. The firm is also leasing 133 parking spaces, which some residents worried would not be sufficient. Some council members suggested that the company explore bike sharing or shuttles to the Expo Line. One resident raised concerns that the move would exacerbate traffic.

The lease was first reported by the Santa Monica Mirror. Snapchat did not respond to a request for comment.

More Biz

  • Game of Thrones Season 8 Production

    'Game of Thrones,' Netflix VFX Among Those to Be Featured in SIGGRAPH Production Talks

    VFX pros behind the final season of “Game of Thrones,” the blockbuster film “Avengers: Endgame,” Pixar’s upcoming “Toy Story 4,” last year’s Oscar-winning “Spider-Man: Into the Spider-Verse,” Netflix series, including “Stranger Things,” and more will give SIGGRAPH 2019 attendees a behind-the-scenes look at their work during the conference’s Production Sessions. There will even be a [...]

  • welcome home Apple Ad

    Cannes Lions Takes Place in Time of Change for Ad World

    The ad industry gathers June 17-21 for its annual celebration of commercials, marketing and creativity, the Cannes Lions in the French Riviera. It does so against a backdrop of ongoing and profound upheaval within the world of advertising. The share prices of all the major ad groups, such as WPP, Publicis and Omnicom, are down [...]

  • R&B Singer Ann Marie Signs With

    R&B Singer Ann Marie Signs With Interscope Records (EXCLUSIVE)

    Chicago-based R&B singer-songwriter Ann Marie, known for her hit “Secret” with YK Osiris, has signed with Interscope Records, the company announced exclusively to Variety today. “Ann Marie is the prototype for today’s artist,” says Nicole Wyskoarko, the label’s EVP of urban operations. “She’s developed and cultivated a dedicated fan base using the tools of today [...]

  • Gay Chorus Deep South

    Branded Content Campaigns Help Ads Cut Through Clutter

    The business of advertising has changed from the days when an expensive 30-second spot was the be-all and end-all of a campaign, leading many commercials production companies and their directors to diversify. In an era of content overload, when it’s easier than ever for consumers to skip an ad or avoid it altogether, many advertisers [...]

  • Gloria Vanderbilt Dead at 95

    Gloria Vanderbilt Dies at 95

    Gloria Vanderbilt, a famous model and socialite who was often a subject of fascination in the worlds of fashion and media, has died at 95, according to a report on CNN, where her son, anchor Anderson Cooper, has worked for several years. From a young age, Vanderbilt led a tumultuous life, one marked by a [...]

  • Patrick Drahi

    Altice's Patrick Drahi to Acquire Sotheby's Auction House for $3.7 Billion

    Patrick Drahi, the owner of the telecom group Altice, is on track to purchase Sotheby’s, the high-profile auction house, for $3.7 billion. The acquisition would turn Sotheby’s into a privately owned concern after 31 years as a publicly listed company on the New York Stock Exchange. Drahi said the acquisition had “no capital link with Altice [...]

  • Soundgarden’s Immersive 'Artists Den' Experience Premieres

    Soundgarden’s Immersive 'Artists Den' Experience Premieres This Week (Exclusive Preview)

    There’s no question that the posthumous release is the most difficult to get right: Human beings are unpredictable, and trying to guess what a person’s intentions might have been is an unhill (if not a losing) battle. Yet posthumous releases ranging from Michael Jackson’s “This Is It” to recent Prince and Jimi Hendrix collections prove [...]

More From Our Brands

Access exclusive content