Exterior Work is finishing up at 215 West 14th Street, in Downtown Los Angeles. Jade Enterprises is the developer behind the project, which will bring 154 new apartments to the area. The “L” shaped design replaces a .67-acre parking lot, bordered by South Olive Street, West 14th Street, and South Hill Street.
1111 Hill Street Tower is gradually progressing towards ground breaking in Downtown Los Angeles. The Sustainable Communities Environmental Assessment for the project was recently published. Crown Group is behind the project, which they intend to complete by 2025, hoping to start work by the end of this year.
After a year’s break, a new high-rise residential tower is pushing dirt at 732 South Figueroa Street in Downtown Los Angeles. The project proposal includes the development of a 42-story high apartment tower, replacing a surface parking lot on the site. Johnson Fain is responsible for the design concepts. Real estate company Mitsui Fudosan America is the project developer.
Los Angeles’ regional bioscience industry might get a boost as n office complex will soon be converted into a life sciences campus at 123 Figueroa Street in Downtown, Los Angeles. The project proposal includes the redevelopment of an office complex built in the 1980s into a campus dedicated to life sciences and research. BEP Helix, a company run by local biotech investor Ben Pouladian, is reportedly purchasing the leasehold interest in Park Downtown Los Angeles (Park DTLA). The land itself is owned by CRA/LA, and leased to Bunker Hill Park Ltd. under a deal which is scheduled to expire in 2077.
Barclay Hotel, one of the oldest hotels in Los Angeles, is undergoing an adaptive revamp at 103 West 4th Street in Downtown, Los Angeles. The project proposal includes the renovation of the existing hotel building to offer residential units reserved at affordable rates. Healthy Housing Foundation, a subsidiary of AIDS Healthcare Foundation (AHF) is the new owner, planning to retain the building as low-income housing. The Barclay, designed by Morgan and Walls, was completed in 1897.
