Showing posts with label South Park. Show all posts
Showing posts with label South Park. Show all posts

Saturday, February 21, 2015

Shiny New Renderings Released for Figueroa Central

Figueroa Central (All images: Oceanwide Holdings Group)

New renderings have emerged for Figueroa Central, the skyline-altering mixed-use complex which recently broke ground across the street from Staples Center.

The $1 billion development from Beijing-based Oceanwide Holdings Group will create three high-rise towers, offering 504 luxury condominiums and a five-star hotel.  Long envisioned as the retail complement to the restaurants and entertainment venues of LA Live, Figueroa Central will contain approximately 200,000 square feet of commercial space within a two-level open-air galleria.

Designs for the project by architecture firm RTKL call for some of the tallest residential buildings in Los Angeles.  The 49-story North Tower, rising 677 feet above street level, will include a 183-key hotel and 164 condominiums.  As first reported by DTLA Rising, the five-star inn will feature the first American outpost of the opulent Cavalli Club, in addition to celebrity-chef restaurants and a luxurious spa.

Figueroa Central's twin South Towers will each rise 40 stories, peaking 530 feet above ground.  Plans call for 170 condominiums in each of the buildings, perched above an elevated private park with greenery and playground space for residents.  The towers' seven-story podium would feature nearly 1,000 parking spaces, obscured from view by a 32,000-square-foot LED ribbon which is being called the largest on the West Coast.  The project would also include an additional 480 parking stalls on subterranean levels.

Oceanwide Holdings currently anticipates sales of the condominium units to commence in 2017, with the full project expected to open in 2018.

Tuesday, January 27, 2015

Another Stalled South Park Tower Comes Back to Life


Rumors began circulating late last year, but a new case filing from the Department of City Planning makes it official: phase two of Apex has been resurrected.

Documents on file with the City of Los Angeles indicate that the revived development would feature a 28-story residential tower at the southwest corner of 9th and Flower Streets.  Earlier plans for the building had called for approximately 280 dwelling units and ground-floor retail space.  An adjacent triangular site at the southeast corner of 9th and Figueroa Streets would give way for a two-story standalone retail structure.

The existing Apex tower was originally developed as part of a three-phase condominium complex known as Concerto.  The project, which was built by Sonny Astani, experienced a litany of setbacks due to the global financial crisis of the late 2000s.  Following the bankruptcy of his lender, Astani was forced to sell the nearly-finished building in 2011.  Apex and its adjacent development site eventually came into the possession of ST Residential, which opened the tower as luxury apartments in 2012.

An exact timeline and design for the project is currently unclear.  When initially proposed one decade ago, plans for the Concerto complex called for a twin-tower design from architecture firm HansonLA.

Thursday, January 15, 2015

Mysterious Mixed-Use Development Planned on Olympic Boulevard


With trendy hotels and apartment complexes literally springing up on all sides, a drab one-story commercial building in South Park is now slated for redevelopment.

Plans were filed with the city late last week for a new mixed-use development at northeast corner of Hill Street and Olympic Boulevard.  The project's laconic case filing betrays little in the way of details, neither specifying the proposed building's height or its intended uses.  The only hint thus far is a 2013 permit application from the Department of Building and Safety, which called for the construction of a 22-story high-rise tower featuring hotel rooms, office space, condominiums and ground-floor retail.

If and when the proposed development comes to fruition, it will find itself in the midst of a neighborhood bustling with construction activity.  More than 1,000 residential units are currently in development within a two-block radius of the project site at 940 South Hill Street, with substantially more scheduled to break ground within the next two years.

Adaptive reuse projects are also in store for several historic buildings along the adjacent Broadway Corridor.  Following in the footsteps of the Ace Hotel, which opened last January in the former United Artists Building, the Kor Group is currently converting the former Case Hotel at 11th Street and Broadway into a boutique inn.  On the opposite side of the intersection, the Hearst Corporation has revived plans to transform the former headquarters of the Los Angeles Herald-Examiner into creative offices.

Tuesday, January 13, 2015

Guess Who Wants Another Pedestrian Bridge?


Less than one year after an ugly controversy surrounding a proposed pedestrian bridge at the half-destroyed Da Vinci complex, Geoff Palmer is ready to rehash the same storyline on Broadway.

According to a case filing from the Los Angeles Department of City Planning, the Beverly-Hills-based developer intends to construct a pedestrian bridge across Olympic Boulevard, linking the two halves of his Broadway Palace development.  The project, which broke ground in September, will offer 686 apartments and over 50,000 square feet of ground-floor retail when completed.

Palmer frequently incorporates pedestrian bridges into his Italian-themed apartment complexes, most of which flank the Central City freeway ring.  In May 2014, he argued to the City Planning Commission that a bridge was necessary at the Da Vinci complex to for both internal circulation and protection from a nearby homeless encampment.  While that argument was rejected by the Commission, their ruling was later overturned with the help of 14th District Councilman Jose Huizar, who represents the majority of Downtown.

However, Palmer's other developments are located on the neighborhood's fringes, isolated from significant pedestrian traffic.  The same cannot be said for Broadway Palace, which is located near the popular Ace Hotel and a slew of upcoming residential-retail complexes.  A bridge over Olympic Boulevard, though not specifically prohibited by the Broadway Design Guide, would seem to conflict with the pedestrian-friendly neighborhood envisioned by the Bringing Back Broadway initiative.

Friday, December 26, 2014

Work Ramping up on South Park Megaprojects

Image: Oceanwide Real Estate Group via the Los Angeles Times

In what amounts to an excellent Christmas for Downtown boosters, work will soon begin on multiple new high-rise buildings in the South Park neighborhood.

Earlier in December, Oceanwide Real Estate Group started clearing the large surface parking lot at 1101 Flower Street, future site of Fig Central.  Now, after much speculation, the Los Angeles Times reports that the long-stalled mixed-use complex is on track for an early 2015 groundbreaking date.

The $1-billion development will feature a trio of skyline-altering towers designed by architecture firm RTKL.  The largest of the buildings - a 49-story edifice at the corner of Flower and 11th Streets - will rise 677 feet above street level, making it slightly taller than the nearby Ritz Carlton Hotel & Residences.  In total, the three towers will comprise 504 condominiums and a five-star, 183-room hotel.

Fig Central was originally conceived as the retail complement to the nearby restaurants and entertainment venues of the LA Live complex.  The retooled proposal from the Oceanwide Group places a similar emphasis on shopping, with approximately 200,000 square feet of stores and restaurants planned for the development

The project as a whole is expected to cater to an affluent clientele, with plans calling for an array of luxurious amenities.  In addition to a variety of high-end stores, the proposed hotel will feature multiple event spaces and a "celebrity chef restaurant."  DTLA Rising reports that Fig Central may also include the first American outpost of the ultra posh Cavalli Club.

Thursday, December 11, 2014

Work Quietly Starting on Downtown Condo Projects


In response to the resurgent Downtown Los Angeles condo market, a new wave of for-sale housing is quietly taking off in the South Park neighborhood.

On Thursday, workers installed protective fencing around the half-acre parking lot at 1050 South Grand Avenue, future home of a $100 million condominium tower from developer Trumark Urban.  The 24-story building, designed by local architecture firm HasonLA, will contain 151 residential units above a retail and parking podium.  One laborer at the development site stated that construction is scheduled to commence before the end of December.  However, previous coverage from the Downtown News points to an early 2015 start date.

The project, formerly known as the Glass Tower, originally received approvals in 2007.  However, like many other Downtown condominium developments, the tower found itself unable to move forward in the midst of the global recession.

Tuesday, November 25, 2014

Demolition Imminent at Fig Central Site


In October, Oceanwide Real Estate Group finally revealed their new three-tower plan for the long-awaited Fig Central mega-development.  Just two months later, the Bejing-based developer is already moving ahead with an important first step in the construction process.

Earlier this week, the Los Angeles Department of Building and Safety issued demolition permits for the existing structures at 1101 S. Flower Street.  The 4.6-acre property, purchased by Oceanwide in late 2013, is currently developed with a pair of low-rise mechanical buildings and an underground bank vault.  Construction of the new tower complex will necessitate the removal of all existing structures.

As of Monday, the process had already kicked off with the arrival of heavy equipment along the Flower Street side of the project site.  This afternoon, a skeleton crew was hastily assembling a chain-link fence which now encircles the property.  One worker stated that demolition was scheduled to begin soon.

Thursday, November 13, 2014

Mack Urban's New South Park Towers Revealed

1120 Grand Avenue (Image: DLANC)

Late last year, a joint venture between AECOM and developer Mack Urban announced plans for a $750 million mixed-use complex on six acres of South Park real estate.  The first phase of the development - a pair of low-rise structures on Pico Boulevard - was revealed in April to consist of 360 condominium units and roughly 6,000 square feet of ground-floor commercial space.  Now, take a look at phase two of the mega-project, courtesy of a presentation to the Downtown Los Angeles Neighborhood Council's Planning and Land Use Committee.

The largest of the two buildings would rise from a 1.6-acre parking lot at 1120 Grand Avenue.  Designs from architecture firm AC Martin call for a 37-story structure, containing 512 condominium units and slightly under 10,000 square feet of ground-floor retail and restaurant space.  The building would be served by a total of 752 parking spaces, situated on six above-grade and two below-grade levels.  Residential units would consist of a mixture of one-, two- and three-bedroom apartments, in addition to six townhouse units along the western side of the project site.  An outdoor deck atop the building's podium would provide an assortment of residential amenities, including a dog run, exercise space and a swimming pool.

The Mack Urban-AECOM towers are among the first high-rise developments to emerge since Los Angeles eliminated its longtime rooftop helipad mandate.  With that in mind, AC Martin has taken full advantage of the now relaxed policy in its designs for 1120 Grand Avenue.  The tower is to be adorned with a dramatic 100-foot spire, greatly augmenting the building's 386-foot roof height.

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)

Saturday, October 18, 2014

Shiny New Renderings for Fig South


Next week, the DLANC's Planning and Land Use Committee is scheduled to take a closer look at Fig South, the glassy high-rise project slated for the (other) parking lot across the street from Staples Center.  The twin 36-story towers are being designed by architecture firm Harley Ellis Devereaux; artistic renderings depict glassy, elliptical shaped buildings with swooping rooflines.  Both towers would rise 400 feet above street level, the maximum height allowed for the property at 1200 S. Figueroa street.  Altogether the project comprises 648 condominium units, situated above 48,000 square feet of sports-themed retail and restaurant space. 

Designs for Fig South feature a prominent 100-foot tall podium, containing 1,770 parking spaces on seven above-grade and two below-grade levels.  Renderings portray a landscaped outdoor deck atop the podium, offering amenities such as a swimming pool, fitness room, and barbeque pit.  Additional open space would be included within each tower, specifically in the form of two rooftop terraces.

First Look at the Redesigned Figueroa Central


Earlier this month, puzzling news emerged from Downtown Los Angeles.  Figueroa Central, the long awaited mixed-use companion to LA Live, was simultaneously upsized and downsized.  Revised plans from Oceanwide Real Estate Group added a third tower to the development, but also featured less than half of the 1,200 residential units permitted under the original project.  Now, a document from the DLANC's Planning and Land Use Committee is here to answer all of your burning questions.

Despite a significant reduction to Figueroa Central's proposed residential density, new designs from RTKL actually call for taller buildings than in the original proposal.  The largest of the three buildings - referred to as the North Tower - would rise 49 stories from the intersection of 11th and Flower Streets.  The 677-foot tall structure would contain 164 residential units, a 183-room hotel, and various ancillary uses.

Moving south through the project site, designs call for twin 40-story buildings, each with an architectural apex 530 feet above street level.  The Middle and South Towers would comprise the bulk of Figueroa Central's residential component, each containing 170 dwellings.  Units would average 1,620 square feet in size, ranging from 1,000 square foot one-bedroom units to 6,000 square foot penthouse units.

Wednesday, October 1, 2014

Fig Central Revises Plans, Adds Third Tower


In early September, rumblings from the Department of Building and Safety hinted that the stalled Fig Central development was about to become much more active.  Now, a recent case filing from the Department of City Planning has revealed developer Oceanwide Real Estate Group's updated vision for the mixed-use complex.

The revised proposal for Fig Central plans for three high-rise towers, containing 504 residential units, 183 hotel rooms, and nearly 170,000 square feet of ground-floor commercial space.  Those figures are reduced from the earlier, RTKL-designed iteration of the project, which called for two towers with 1,200 condominiums, 500-to-700 hotel rooms, and 250,000 square feet of retail and restaurant uses.  However, quick detective work by Skyscraperpage forumer (and ancient historian) Flavius Josephus indicates that the overall square footage of the project will remain the same.

An exact timeline for the project - previously budgeted at $700 million - is uncertain at this point in time.  Construction will first require the removal of several existing structures at 1101 South Flower Street, including an underground bank vault that has previously been cited as a detriment to the property's potential.

Wednesday, September 24, 2014

Lots of Activity at G.H. Palmer's Broadway/Olympic Site


Downtown stakeholders breathed a collective sigh of relief last February, when developer G.H. Palmer - he of freeway-adjacent, "fauxtalian," infamy - revealed more contextually appropriate plans for a mixed-use development near the Ace Hotel.  That historically-themed design will soon be put to the test, as the Beverly Hills-based developer has finally begun work on the the project known as Broadway Palace.  Crews are currently demolishing an existing building and surface parking lot at the southeast corner of Broadway and Olympic Boulevard, clearing the way for the first of the complex's two buildings.

The low-rise and mid-rise project, designed by Nelson/Boivin Architecture & Planning, calls for a cumulative 686 apartment units and over 50,000 square feet of ground-level commercial stalls.  The buildings, which will be clad in brick veneer, are to rise on opposite sides of Olympic Boulevard.  Planning documents indicate that the project may be linked together by a pedestrian bridge, an amenity which became a controversial issue for a different Palmer development earlier this year.

Tuesday, September 23, 2014

New York-Based Hotelier Setting Up Shop Near Staples

Staples Center and its surrounding environs.

Representatives of the Wilshire Grand development ended months of speculation earlier today, announcing that Intercontinental Hotels & Resorts will operate the 73-story tower's 900-room luxury inn.  Surprisingly, that's not the only hotel buzz emanating from Downtown Los Angeles at the moment.

According to an interview with HOTELS Magazine, New York-based Hampshire Hotels Management is planning to open a new location in close vicinity to Staples Center and LA Live.  CEO Eric Danziger states that the company is considering either the Time Hotel or another 3-star brand for their South Park outpost.  The as-of-yet undisclosed location would be their second in Los Angeles, following the upcoming Dream Hollywood Hotel.

One potential home could be the $1 billion Metropolis development, which will feature a 350-room hotel at the intersection of 9th and Francisco Streets.  Although city documents had previously pointed to IHG's Hotel Indigo as the likely operator of the 19-story tower, developer Greenland USA has yet to give official word.  Other proposed developments from Mack Urban and the Oceanwide Group also call for substantial hotel components, but have yet to announce operators.

Friday, September 5, 2014

South Park Condo Project Gets a (Slightly) Different Look

Image credit: Harley Ellis Devereaux

As the long-awaited revival of Fig Central finally starts to rev its engines, architectural firm Harley Ellis Devereaux has retooled the look of a neighboring high-rise proposal.  1200 Fig - revealed in July by Curbed LA - will feature a pair of elliptical, 36-story towers with 648 condominium units and 50,000 square feet of ground-level retail and restaurant space.  Updated renderings of the project portray the twin buildings with horizontal window patterns, giving them an appearance which would be right at home in Downtown Miami.  The towers are adorned with swooping roof lines, inspired by the architecture of the adjacent Staples Center.

While the towers may look straight outta' Brickell, their podium structure has a lot more in common with Times Square.  Six levels of above-grade parking will be wrapped with LED signage, displaying advertisements and public art above Figueroa, Flower and 12th Streets.  Similar video screens are also utilized on neighboring tower developments, including Fig Central and the recently completed double-Marriott on Olympic Boulevard.

The mixed-use complex is being developed by a team of investors, including Jamison Services and the Hankey Group.  At 400 feet, the twin towers will reportedly be the tallest reinforced concrete structures ever built in Los Angeles.  According to the website of structural engineering firm Cary Kopczynski & Company, 1200 Fig is anticipated to break ground in late 2014.

Wednesday, September 3, 2014

Oceanwide Group Finally Getting Active on Fig Central

Image credit: RTKL

Nine months after purchasing the comatose Fig Central development for $200 million, Oceanwide Real Estate Group is finally taking the plunge in South Park.  Last week, the Beijing-based developer issued $320 million in bonds that will reportedly be used to finance the construction of the mixed-use complex.  Simultaneously, the developer has applied for the first in a series of LADBS approvals that will allow the long-delayed project to move forward.

The recent LADBS filing describes Fig Central as a two-building development, offering a mixture of apartments and hotel rooms above ground-level commercial space and a health club.  Towers will ascend to heights of 53 and 38 stories, seated atop a an eight-floor podium structure.  Seven stories of the podium will be devoted to a vehicular garage, supplementing three underground parking levels.

More information can be garnered via a series of renderings, drawn up years ago by architectural firm RTKL.  Fig Central, originally envisioned as the retail component of the LA Live complex, greets its namesake street with storefronts and a mid-block public plaza.  From there, a ground-level paseo cuts straight through to the eastern side of the property, helping to mitigate the inherent walkability issues that come with such a large development site.

The glass-clad towers would directly abut the Flower Street side of the project, creating a formidable street wall along the path of the Blue and Expo Lines.  Upper levels of the mid-rise podium would feature outdoor dining space and a residential amenity deck.  Additionally, a large LED ribbon would wrap the western perimeter of the property, bombarding commercialism upon all passersby between 11th and 12th Streets.

Fig Central joins more than a dozen new and revived high-rise projects that have sprung up throughout Downtown within the past two years.  North of LA Live, the Shanghai-based Greenland Group is currently building hotel and condominium towers as part of their Metropolis development.   On parking lots surrounding the Fig Central site, Mack Urban and other local investors are scheduled to break ground on multiple high-rise buildings before the end of this year.

Monday, August 25, 2014

Carmel Partners Revising Plans for South Park Tower

The now outdated design of 801 Olive Street, by GMP Architects

Nine months after revealing plans for a new residential tower in South Park, Carmel Partners is switching up the playbook.  According to a memo issued earlier this month by the Department of City Planning, the San Francisco-based developer's proposed high-rise building at 801 Olive Street has been redesigned by a new, unspecified architect.  Although the fundamentals of the project remain the same (363 apartments above 10,000 square feet of ground-floor commercial space and a four-level parking podium), the retooled development plan calls for a tower that is both taller and slimmer than previously approved.  The now rectangular-shaped building is set to rise 33 stories (352 feet), representing a six-floor increase from the previous design by GMP Architects.

801 Olive Street is one of several skyline-altering developments planned for the northern section of South Park, including a 50-story condo project from the Onni Group and a 33-story apartment tower from CIM Group.  However, it is a more vertically challenged neighbor that has arguably generated the biggest news for the neighborhood.  Carmel Partners' seven-story G8 development is slated to bring 700 apartments to the Downtown market, a larger total than any of its sky-scraping neighbors.  More importantly, the low-rise building will feature a 42,000 square foot Whole Foods Market when it opens in 2015.  The high-end grocer has been listed amongst the most sought-after retailers for Downtown residents in recent years, perhaps second only to the elusive Trader Joe's.

Tuesday, July 29, 2014

32-Story Tower Planned for Hill Street


Last summer, SB Properties overlord Barry Shy announced bold plans for a slew of new projects that would erect high-rise towers in and around Downtown's Historic Core.  Earlier this month, the veteran developer officially put words into action, submitting plans for a 32-story condominium tower on a parking lot behind Broadway's popular Ace Hotel.  Located at 920 South Hill Street, the building would contain 239 residential units, ground level commercial stalls and a parking garage.  Shy has commissioned locally-based David Takacs Architecture to design the project, in addition to his other proposed towers on Broadway and Main Street.

Although currently light on foot traffic, a litany of apartment-retail developments are slated to bring thousands of new residents to the blocks surrounding the proposed tower in the coming years.  The half-acre project site sits directly across the street from the Hanover Company's Olympic & Hill apartments, which will be accompanied by three similarly-sized developments on adjacent properties.  One block northwest, Vancouver's Onni Group is building a 32-story residential tower at 888 Olive Street.  On the eastern side of the Ace Hotel, developer G.H. Palmer intends to construct a mid-rise and low-rise complex on current parking lots.

Friday, July 18, 2014

Breaking Down Olympic Boulevard's Low-Rise Building Spree

Clockwise from the top left corner: Olympic & Hill, 1000 Grand Avenue, 1001 Olive Street, Olympic & Olive

In the past year, Olympic Boulevard has become a major epicenter of Downtown's resurgent development scene.  On the western edge of the neighborhood, the boulevard is host to a slew of new and proposed hotel projects in the shadow of LA Live.  One mile east in the Fashion District, Olympic dead-ends near the center of the potentially transformative City Market development.  However, the greatest concentration of new investment along the Olympic corridor can be found on a two-block span between Grand Avenue and Hill Street.  There, four low-rise residential-retail complexes are in various stages of construction or pre-development, eradicating what was previously a five-acre sea of  parking lots.  Altogether, these projects will add over 1,000 market-rate apartment units in the heart of the booming South Park district.

Sunday, July 13, 2014

A Closer Look at the Skyline Altering Metropolis


Later this week, the DLANC Planning and Land Use Committee is scheduled to take a close look at details of the Greenland Group's plans for Metropolis.  The first stage of the $1 billion project, which quietly began site preparation last week, will create 350 hotel rooms and 308 condominium units in towers of 19 and 38 stories.  Buildings will surround a ground-level automobile courtyard, lined by more than 7,000 square feet of pedestrian-oriented retail space.  Both towers would sit atop a seven-floor parking garage, featuring five above-ground levels.

The more ambitious second phase of the development calls for two additional high-rise towers, oriented towards the northern end of the 6.3-acre project site.  Buildings would rise to heights of 58 and 40 stories, containing a cumulative 1,250 condominiums and 67,000 square feet of retail space.  The larger structure, peaking 647 feet above street level, would narrowly edge out the Onni Group's proposed tower at 820 Olive Street for the title of Los Angeles' tallest residential building.