Jamison Services Bringing Apartments to K-Town Parking Lot

626 S. St. Andrews Place; Image from Corbel Architects.

Koreatown has seen a boom in residential construction during the past calendar year, and that trend looks to continue on a parking lot just north of Wilshire Boulevard.  Jamison Services Incorporated, one of Koreatown's largest commercial landlords, has plans to build an 84-unit apartment building next to the Wilshire Professional Building.  The project at 626 St. Andrews Place will stand six-stories, with design work from Corbel Architects.  Despite the nearby Wilshire/Western subway station, 626 St. Andrews will include 203 parking spaces in a three level garage.

According to Businessweek, vacancy rates at Jamison Services' office properties have tripled over the past four years to an average of 25%.  Unfavorable economic conditions may have reduced demand for office space in Los Angeles, but they have also fueled a resurgence in the market for multi-family residential buildings.  Thus, Jamison Services is in the process of converting five of their office properties into apartments.  They have also started venturing into ground up construction, meaning that 626 St. Andrews Place may just be the first new building that the company has planned.

• L.A. King of Down-Market Offices Bets on Apartments (Businessweek)

Seven Story Apartment Building Coming to Koreatown

Per the Los Angeles Department of City Planning, a low rise apartment building is proposed for the surface parking lot directly behind the 1929 Wilshire Professional Building, and a short walk from the Wilshire/Western Purple Line station and the 22 story Solair Condominium tower.


The Wilshire Professional Building, image from LA Observed.


From the Public Notices for July 18th, 2013:

3875 Wilshire Boulevard (3869-81 Wilshire Boulevard, 622-40 South St. Andrews Place); Wilshire. Council District 10. The construction, use and maintenance of a 7-story apartment building with 209 units and two levels of subterranean garage. The site is currently improved with a parking lot. The Applicant is requesting, a Zone Change from C4-2 and PB-2 to [T][Q]C4-2 and a Site Plan Review for a project with 209 residential units. Please call Joni J. Quinn to review file: (213)473-9984. Documents are available for REVIEW at: Los Angeles City Hall, 200 No. Spring St., Room 721, Los Angeles, CA  90012. Comments can be faxed to (213)978-4656. REVIEW/COMMENT period ends: August 07, 2013

The new building will fill out the streetwall of the charming residential street seen here:


Image from pwright1 of Skyscraperpage