Jamison Services, one of Southern California's largest office landlords, recently filed plans with the City of Los Angeles to convert two of its numerous Wilshire Boulevard office buildings for residential use.
The first of these properties is a 13-story tower located near MacArthur Park. A case filing from the Los Angeles Department of City Planning indicates that the renovated building at 2500 Wilshire Boulevard would contain 248 residential units, in lieu of its current 230,000 square feet of office space. The developer also states that the project will utilize exemptions from "density limits, floor area, yard requirements and [a] site plan review."
The mid-rise structure, completed in 1969, would likely face competition from a second mixed-use development planned across the street. The New York-based Somerset Group, owner of the parking lot at 2525 Wilshire Boulevard, is currently pursuing construction permits for a seven-story residential-retail complex on the property.
