Monday, August 25, 2014

Carmel Partners Revising Plans for South Park Tower

The now outdated design of 801 Olive Street, by GMP Architects

Nine months after revealing plans for a new residential tower in South Park, Carmel Partners is switching up the playbook.  According to a memo issued earlier this month by the Department of City Planning, the San Francisco-based developer's proposed high-rise building at 801 Olive Street has been redesigned by a new, unspecified architect.  Although the fundamentals of the project remain the same (363 apartments above 10,000 square feet of ground-floor commercial space and a four-level parking podium), the retooled development plan calls for a tower that is both taller and slimmer than previously approved.  The now rectangular-shaped building is set to rise 33 stories (352 feet), representing a six-floor increase from the previous design by GMP Architects.

801 Olive Street is one of several skyline-altering developments planned for the northern section of South Park, including a 50-story condo project from the Onni Group and a 33-story apartment tower from CIM Group.  However, it is a more vertically challenged neighbor that has arguably generated the biggest news for the neighborhood.  Carmel Partners' seven-story G8 development is slated to bring 700 apartments to the Downtown market, a larger total than any of its sky-scraping neighbors.  More importantly, the low-rise building will feature a 42,000 square foot Whole Foods Market when it opens in 2015.  The high-end grocer has been listed amongst the most sought-after retailers for Downtown residents in recent years, perhaps second only to the elusive Trader Joe's.

Friday, August 22, 2014

More Residential Flooding into Koreatown's Western Fringe (UPDATED)


Per an LADCP case filing from last month, a sizeable multi-family residential development is headed to the western edge of Koreatown.  The apartment complex, pegged for an approximately one-acre property at 700 South Manhattan Place, would offer 162 residential units within a seven-story structure.  The project site, currently developed with surface parking and a nondescript two-story structure, spans slightly more than one acre near the intersection of Western Avenue and 7th Street.  Residents would be located just one block south of the Purple Line's current Wilshire/Western terminus, offering quick service to Downtown Los Angeles and connections to all other points on the Metro Rail network.

The new development is situated in a highly walkable section of Koreatown, with a slew of stores and eateries strewn about surrounding blocks.  Unsurprisingly, other multi-family projects area slated for the neighborhood.  The locally-based Hankey Group is in the planning stages for a similar low-rise residential development, intended for a long vacant property at the corner of Wilshire Boulevard and Hobart Avenue.  South along Western Avenue, a 79-unit mixed-use complex is proposed across the street from Koreatown Plaza.

(UPDATE) An e-mail tipster has noted the following about 700 S. Manhattan Place:
"The project requests three variances: (1) to allow an approximately 35% increase in density; (2) to average floor area ratios across residential and commercial zones; and (3) to permit vehicular access for a commercial zone from a residential zone.

Probably not coincidentally, these variances would be available to the project as Density Bonus incentives if the project provided affordable housing.  Density Bonus projects providing a certain amount of units covenanted for very-low or low income households are entitled to a 35% increase in density, FAR averaging and parking access from a less restrictive zone.  The variance filing appears to be a means of avoiding providing affordable units."

Thursday, August 21, 2014

Details Emerge for Adaptive Reuse of Joseph Youngerman Building

Image credit: Bob Safai

Thanks to documents from the Mid City West Community Council's Planning and Land Use Committee, details have emerged for CIM Group's upcoming mixed-use conversion of the monolithic Joseph Youngerman Building. The nine-story office tower, currently vacant, is slated to become a 36-unit apartment complex featuring street-level commercial space.  The mid-rise building occupies a prominent location along the Third Street shopping corridor, situated one block east of the Beverly Center and Cedars-Sinai Hospital.  An above-grade, 107-stall parking garage will be maintained as part of the adaptive reuse project, nearly double what is required by code.

Built during the 1980s office boom, the Joseph Youngerman Building has stood head-and-shoulders above its low-rise surroundings for more than three decades.  The 38,000 square foot edifice was previously home to the Director's Guild of America's pension and health fund, and is named for the union's longtime executive secretary.  However, the DGA's decision to relocate to more expansive facilities along the Miracle Mile last year left the building without a primary tenant, opening the door for CIM Group to purchase the mostly vacant tower for $14 million.

Wednesday, August 20, 2014

Runyon Group's Platform Takes Shape in Culver City


The above image should be a very familiar to all passengers coming to and from the Expo Line's current Culver City terminus.  Nine months after breaking ground at the corner of Washington and National Boulevards, the Runyon Group is still roaring ahead with construction on their mixed-use development known as the Platform.  The Abramson Teiger-designed  project will feature an eclectic mixture of retail, restaurant and office space.

Steel framing is now in place for Boxcar, a four-story creative office building located at northeast corner of Washington Boulevard and Landmark Street.  Across the street, rebar and concrete is still rising for the Washington Arts Building, a five-story parking that will be structure obscured by murals on upper floors and commercial stalls at ground level.  Out of frame to the left, other buildings that will contain additional retail and restaurant establishments now rise above the the elevated Expo Line tracks.

A significant portion of the complex's commercial stalls have already been leased, with announced tenants including Aesop skin care, Blue Bottle Coffee and a signature restaurant from renowned New York chef Michael White.  As the Platform quickly moves to become a major destination for for shopping and dining, it becomes increasingly difficult to believe that this was still an abandoned car dealership less than one year ago.

Image credit: Abramson Teiger Architects

Tuesday, August 19, 2014

More Multi-Family Action on the Palms/Culver City Border


Downtown Culver City, long a destination for dining out, is quickly becoming a residential community thanks to the never-ending expansion of the Palms neighborhood.  The latest chapter in this ongoing saga is headed to an approximately half-acre property located between Venice and Washington Boulevards.  According plans filed earlier this month with the City of Los Angeles, a parking lot at 3822 Dunn Drive is slated to give way for an 86-unit apartment complex with a vehicular garage.

The proposed multi-family building is one of developments in Palms and Culver City that has been prompted by nearby Expo Line Stations.  The mixed-use NMS@Culver City is currently under construction immediately south of 3822 Dunn Drive, bringing 121 apartments and 12,000 square feet of retail space to the corner of Washington Boulevard and Hughes Avenue.  A few blocks west, an art deco-inspired apartment complex is planned on Overland Avenue, directly across the street from Sony Picture Studios.

Monday, August 18, 2014

Perpetually Stalled Hollywood Office Building Getting Active

Image credit: Loopnet.

Over three years after Molly's Burgers served its final customers, one of Hollywood's most polarizing projects is poised to emerge unscathed from development hell.  1601 Vine Street, a mid-rise office tower first proposed in 2006, is miraculously on pace to break ground before the end of this calendar year.  Last week, demolition permits were pulled for the pair of drab commercial structures that currently occupy the project site.  This follows construction permits for the new office building, which have been in the works since earlier this summer.

The eight-story, glass-clad structure will contain 112,000 square feet of creative office space, a 2,000 square foot ground-level commercial stall, and a five-level, 194-vehicle underground parking garage.  The Gensler-designed building will stand approximately 130 feet tall, adhering to Hollywood's historic (but non-binding) height limit.

The turning point for 1601 Vine Street came last year, when the locally-based J.H. Snyder Company took over development of project.  Although a bureaucratic hiccup towards the end of 2013 delayed a previously scheduled Spring groundbreaking, the city and the developer worked quickly to put their ducks in a row.  Snyder told Bloomberg earlier this year that he expects to break ground on the speculative development sometime in September.

Sunday, August 17, 2014

Second Phase of K2LA Still Inching Along

680 Berendo Street

Construction is slow but steady in Koreatown, where developer Century West Partners is (still) working on the 347-unit phase two of their K2LA apartment complex.  The two seven-story buildings, designed by local architect David Forbes Hibbert, have progressed slowly since breaking ground in late 2013.  After nine months of construction, the structure at 685 New Hampshire Avenue protrudes just one floor above ground, while its companion at 680 Berendo Street has yet to reach street level.  Both buildings were previously scheduled for completion in late 2014, a target date which is now highly unrealistic given the project's current status.

On the other hand, the more punctual phase one of the development opened its doors this past May.  Located at 688 Berendo Street, the seven-story building offers 130 studio, one and two-bedroom apartment units.  The low-rise structure features similar amenities to its phase two counterparts, including a fitness center, conference room, club house, and two roof decks with outdoor grills and fire pits.  Although 688 Berendo Street does contains no street-fronting retail space, the building does utilize a green wall to obscure its podium-level parking garage.

Over the past several years, Century West Partners has emerged as a prolific developer of multi-family residential buildings throughout Los Angeles County.  Besides K2LA, the company is also in the midst of construction on multiple mixed-use complexes both in Downtown Los Angeles and Santa Monica.  The developer is also in the planning stages for a second project in Koreatown, which would replace an unused property at 6th Street and Virgil Avenue with 399 apartments and 20,000 square feet of ground-floor commercial space.

680 Berendo Street, rendered. Image credit: David Forbes Hibbert