Wednesday, December 3, 2014

New Wave of Residential Developments Hitting K-Town

Wilshire Professional Building, 1932 (Image: Water and Power Associates)

According to a series of recent case filings from the Los Angeles Department of City Planning, a slew of new multi-family residential developments are planned throughout the hyper-dense Koreatown neighborhood.

Plans were submitted to the city in late November for a new 16-story, 220-unit residential tower at 3875 Wilshire Boulevard.  The one-acre property, listed amongst the portfolio of office landlord Jamison Services, is currently developed with the 12-story Wilshire Professional Building.  The Art Deco landmark has stood at the corner of Wilshire Boulevard and St. Andrews Place since 1929.

It is currently unclear whether the proposed development entails the adaptive reuse of the historic building, or new construction on an adjacent surface parking lot.  Jamison Services had previously submitted plans to the city for a low-rise apartment building which would abut the historic office tower.

3875 Wilshire Boulevard

3350 Wilshire Boulevard

East into the heart of Koreatown, another property owned by Jamison Services is slated for residential development.  Plans have been filed for a four-story, 122-unit apartment complex at the southwest corner of Wilshire Boulevard and Catalina Street.  The approximately 1.5-acre site is currently developed with a Welton Becket-designed office tower and an accompanying parking garage.

The project's case filing does not specify what structures, if any, are pegged for demolition.

Other developers have also targeted nearby properties along Catalina Street, including a 27-story apartment tower at Eigth Street and a 75-room hotel north of Wilshire Boulevard.

3350 Wilshire Boulevard

301 S. Harvard Street

Traveling a half-mile northwest, the owner of a low-rise commercial building at the corner of Third and Harvard Streets is also planning to reposition his property as a residential development.  The vague case filing for 301 Harvard Street calls for the construction of a 30-unit apartment building, but fails specify the height of the proposed building or whether or not it would feature ground-floor commercial space.  However, the project would utilize a density bonus, indicating the inclusion of affordable housing units.

301 S. Harvard Street

400 S. Catalina Street

Lastly, we once again turn east, where a low-rise development is slated for an approximately half-acre property at the intersection of Fourth and Catalina Streets.  Plans filed with the city call for the demolition of three existing multi-family buildings, followed by the construction of a new six-story structure.  The proposed apartment complex would feature 80 residential units on five upper floors, with a 134-car garage situated at ground level.

400 S. Catalina Street

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