A new residential high-rise has been proposed at 333 South Hope Street in downtown, Los Angeles. The proposed project includes the development of a 34-story tower in Bank of America Plaza. The new development will replace a portion of the building’s plaza and parking structure.
New York-based real estate firm Brookfield is the project developer. LARGE Architecture is responsible for the design concepts. Relm Studio is managing the landscape architecture.
Named the Residences at 333 South Hope Street, the project will bring a new 34-story edifice featuring 366 residences. The residences will be a mix of studios, one-bedroom, and two-bedroom dwellings. Commercial space spanning an area of 425 square feet will be developed into a café located at street level.
Parking space with a capacity of 187 vehicles will be designed within the existing Bank of America Plaza garage which includes 2,185 vehicle stalls. As 1,331 spaces are required by zoning rules, 854 stalls are considered surplus spaces.
Renderings reveal a cylindrical footprint built on the southeast corner of the parcel. The building facade will rise to a height of 420 feet above street level. The tower exhibits an exterior of glass, concrete, and metal. At street level, the tower features setbacks to minimize impacts to the existing landscaping of Bank of America Plaza, with a series of V-shaped beams used to support the floors above.
Outdoor seating and landscaped areas will surround the building, with private open spaces proposed on the third floor and the roof. Onsite amenities include a fitness room, pool, and spa overlooking the plaza.
Bank of America Plaza is a 55-story office tower. The property will sit at the corner of 4th Street and Hope Street.
Pending approvals include a conditional use permit for alcohol sales and permission to deviate from certain design standards in the Bunker Hill specific plan. Brookfield expects to build the Residences over 32 months, concluding in 2026.
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This is the kind of architecture and scale and project appropriate to America’s second city. Finally.
Why doesn’t the rending include the Holiday Inn sign at the top?