Showing posts with label Izek Shomof. Show all posts
Showing posts with label Izek Shomof. Show all posts

Thursday, March 20, 2014

A Closer Look at the Historic Core's 34-Story Tower


It's not everyday that Downtown's Historic Core sees the possibility of ground up construction, let alone for a high-rise.  Nevertheless, veteran developer Izek Shomof intends to construct a 34-story residential building at the intersection of 4th Street and Broadway, just one block east of the Pershing Square subway station.  Dubbed "Broadway @ 4th," the project would consist of 450 residential condominiums above approximately 7,000 square feet of ground floor retail and restaurant space.  Rising 388 feet above ground, the tower would dwarf all of its neighboring pre-war buildings.  Designed by the Spring Street-based firm of HansonLA, Broadway @ 4th would be clad in exterior materials such as terra cotta veneer, metal and cement paneling.  Due to a stipulation within the Broadway Design Overlay, the tower's mass would be set back approximately 30 feet from the street above its 11th floor.  This requirement facilitates high-rise construction along the Broadway corridor, while still maintaining the Historic Core's signature mid-rise street wall.  The podium structure would contain five levels of above-grade parking, with residential units screening the garage from view on its upper floors.  Residential amenities would be concentrated on the tower's 12th floor, with offerings including a pool, recreation room, fitness center, and sauna.

Tuesday, October 22, 2013

Izek Shomof Going Taller in Downtown

400 S Broadway, as it currently stands

Remember when the Downtown News reported that Izek Shomof wanted to build a 22-story, 400 unit residential tower at the southeastern corner of 4th and Broadway?  Turns out that the veteran Historic Core developer is a bit more ambitious than that.  Plans were submitted to the Department of City Planning earlier this month for the construction of a new 34-story mixed-use tower over a subterranean parking garage at 400 S Broadway.

The LA Business Journal reports (via Curbed LA) that Shomof is opting to build more parking than the city requires for this project.  While some may decry showing such deference to the automobile, this is a necessary evil for the time being, as the car will remain king in Los Angeles for the foreseeable future.  However, Shomof deserves kudos for putting said garage underground.  This adds quite a bit to the construction costs, but eliminates the need for an unsightly podium (looking at you, Vermont Towers).

Shomof's tower isn't the only proposal on the table which would raise the height profile of the Historic Core.  Last month, Joseph Hellen announced his intent to build a 40-story tower on Spring Street.  Barry Shy also plans to build a 40-story tower at the southwestern corner of 6th and Main, containing 350 residential units above a 1,200 car garage.