Wednesday, October 30, 2013

More Mixed-Use Madness in Downtown

924 Olive Street

It's the same old song and dance in South Park, as yet another surface parking may bite the dust to make way for apartments.  Plans were submitted earlier this month for a seven-story mixed-use development at the northeastern corner of Olympic Boulevard and Olive Street.  The new project, located at 924 Olive Street, would contain 263 residential units above 14,500 square feet of ground level retail space.  The owner of the land appears to be Steve Needleman of Anjac Fashion, a major landlord in Downtown.

924 Olive adds even more momentum to the development tsunami that has hit this stretch of South Park over the past year.  Check out a few of the projects currently in the works (most would be located within the area depicted in the above image):

However, some of these projects may be stuck in limbo if and when Councilman Jose Huizar's proposed interim control ordinance prohibiting wood-frame construction goes into effect.

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