Showing posts with label 1243 Olive Street. Show all posts
Showing posts with label 1243 Olive Street. Show all posts

Thursday, November 13, 2014

Downtown Residential-Retail Complexes Gets Moving


Six months after breaking ground in South Park, construction has gone vertical at Olive & Pico, a new residential-retail complex from the Wolff Company.  The seven-story edifice, designed by Downtown-based TCA Architects, will consist of 293 studio, one-, and two-bedroom apartments above 20,000 square feet of ground-floor retail and restaurant space.  The low-rise building will sit atop a three-level underground garage, which will accommodate up to 75 vehicles and 342 bicycles.

Plans filed with the city indicate that Olive & Pico will offer a diverse assortment of residential amenities, including a fitness center and multiple outdoor decks.  Additionally, the project will feature 24-hour on-site concierge and valet service, providing a hotel-like experience for residents and guests.

Completion of the $54 million development is scheduled for mid-2016.

Olive & Pico (Image: The Wolff Company)