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Hudson Pacific Properties and Macerich to Fund Major Grant for Local Artists Impacted by COVID-19
December 16, 2020 GMT
Hudson Pacific Properties, Inc. (“Hudson Pacific”) (NYSE: HPP
), a Los Angeles-based real estate investment company focused on West Coast epicenters of media and tech, and
Macerich (NYSE: MAC), one of the nation’s leading owners, operators and developers of one-of-a-kind retail properties in top markets, announced today that they will fast-track more than $650,000 to artists in Los Angeles impacted by COVID-19 through the Vibrant Cities Arts Grant. The funds are associated with the One Westside project, a joint venture between Hudson Pacific and Macerich, which is converting the former Westside Pavilion mall into Google’s newest Los Angeles campus. Consistent with the joint venture structure, Hudson Pacific will fund the majority of the Vibrant Cities Arts Grant.