Wednesday, November 20, 2013

Shiny New Rendering for Olympic & Olive


Here's a better look at the KTGY Group's design for the proposed Olympic & Olive mixed-use development, with credit to the Downtown LA Neighborhood Council's Planning and Land Use Committee.  The seven-story project from Lennar Multifamily Investors would contain 201 apartments and just over 4,000 square feet of ground floor retail to South Park.  Not to mention a reasonably sized 228 car underground garage, supplemented by 221 bike parking spaces.  As mentioned in previous coverage of this project, Olympic & Olive would fall just inside the eastern boundary of Councilman Jose Huizar's proposed interim control ordinance prohibiting wood-frame construction.  Adoption of the ICO would prevent Lennar from moving forward with the project as currently designed.


2 comments:

  1. I've heard these developments would be "grandfathered in" so they would not have to adhere to the new ordinance.

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    Replies
    1. I suspected that might happen. Based on an article in next week's Downtown News, it looks like you are correct.

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