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| Image: DLANC |
Less than one year after unveiling substantially downsized plans for Downtown's erstwhile Park Fifth site, developer MacFarlane Partners has opted to rework the entire project. The San Francisco-based investment management firm will give a first glimpse of the redesigned - and slightly upsized - development program to the Downtown Los Angeles Neighborhood Council's Planning and Land Use Committe this Tuesday.
Like the previous Harley Ellis Devereaux-designed proposal, the retooled Park Fifth complex will consist of mid-rise and high-rise components. However, the new design from Portland-based Ankrom Moisan Architects features minor changes to the overall specs of the project, including an increase in proposed residential density from 615 to 660 apartments and a decrease in cumulative commercial area from 17,000 square feet to slightly under 14,000 square feet.
Moisan's new design calls for several alterations to Park Fifth's 24-story tower, which is slated for the corner of Fifth and Olive Streets. The proposed building's peak height has increased to 255 feet above-grade, as well as its width in a north-south direction. Unlike in the earlier plan, the high-rise building will comprise the bulk of the Park Fifth's residential density, featuring 348 apartments and roughly 5,800 square feet of ground-floor commercial uses. The tower will be "similar in feel," to other Moisan-designed projects, which include South Park's Luma and Elleven condominium complexes.
