Developer Plans 70-Story Tower in South Park | Development

With the Wilshire Grand Center open and a 66-story tower recently proposed for Ninth and Figueroa streets, the sky-high action in Downtown Los Angeles continues: Developer Crescent Heights has unveiled plans and renderings for a 70-story South Park building that would have 794 apartments.

[Get DTLA stories in our daily email newsletter.]

The Miami-based developer is planning the project for the northwest corner of 11th and Olive streets. There would be 12,500 square feet of ground-floor commercial space.

A 66-Story Tower at Ninth and Fig?

Crescent Heights was drawn to South Park by the neighborhood’s walkability and proximity to the sports and entertainment hub L.A. Live, according to Jerold Neuman, a partner with Liner LLP, which is representing the developer.

Crescent Heights purchased the site, which currently houses six one-story commercial buildings, in 2015 for $11.5 million. This would be the company’s first project in Downtown.

The budget is estimated at $300 million, according to Neuman. He added that there will be a "robust" affordable housing component, though the exact number of units has not been determined.

The New York City-based architecture firm ODA is handling the designs. Initial renderings show a series of stacked levels with large, wraparound balconies on nearly every floor.

“The typology of the buildings you see in Downtown follow the rhythm of office buildings,” Neuman said. “This is a true attempt to think of people first.”

The design includes a set of three-story “cutouts” near the middle of the tower. These would create outdoor areas with amenities including, a pool, courtyards and trees.

The project would have 14 levels of parking, including an eight-floor above-grade parking podium with a landscaped area on the top. Residential units on the podium would cover the parking spaces, with the vehicles in the interior of the structure.

Renderings show dozens of trees in the courtyards and along 11th and Olive streets. There would be a public plaza at the corner.

Crescent Heights’ project would be close to a pair of recently opened housing developments, Oakwood Worldwide’s corporate housing structure Olympic and Olive, and Mack Urban’s Wren; the latter is part of a planned series of buildings that includes high-rises along Grand Avenue and Olive Street.

The Wren Apartments Open

The timeline for Crescent Heights’ high-rise has not been announced.

News of the project was first reported by the website Curbed Los Angeles.

nicholas@downtownnews.com

Comments

Post a Comment

Popular posts from this blog

The ghost estates that still haunt Ireland

Image
A decade after the crash, Shannon Valley housing estate , on the outskirts of Ballaghaderreen, in Co Roscommon, remains unfinished and partly in ruins. Although the number of “ unfinished housing developments ” has fallen sharply since 2010, Shannon Valley is one of hundreds that still dot the country. The Guls: ‘Every day I put rats in the bin’ Fatima Gul says her little brother, Yousaf, doesn’t like the rats. He jumps up on the sofa or the table in the living room when they come into the house. Their parents don’t allow Fatimar, who is 10, or her nine-year-old sister, Maryam, or Yousaf and his twin, Zohra, who are five, to play near the houses on the other side of their green. It’s too close to the rats and the rubble. Shannon Valley “ ghost estate ” outside Ballaghaderreen, Co Roscommon. Photograph: Simon Carswell" height="349" src="https://www.irishtimes.com/polopoly_fs/1.3181475!/image/image.jpg_gen/derivatives/landscape_620/image.jpg" width="620...
Read more

Seven Casa Del Rio apartment units sold at launch

Seven Casa Del Rio apartment units sold at launch Published on: Saturday, December 01, 2012 Melaka: Seven of the 32 apartment units in Casa del Rio Residences , an exclusive apartment overlooking the Melaka river bay , were sold at the launch here Friday. Tan Sri Syed Yusof Tun Syed Nasir , group managing director of the project developer Casa del Rio Sdn Bhd , said the residences, valued at around RM60 million, took about three years to complete. "The concept of the Casa del Rio Residences is that we want to provide an elegant, high-class residence, the first of its kind, right in the heart of Melaka town," he told reporters after the launch. At the event, Syed Yusof also gave a personal tour of the residences to Yang Di- Pertua Negeri Tun Mohd Khalil Yaakob . Syed Yusof added that there would be a sales launch in Kuala Lumpur on Dec 6 at Concorde Hotel from 3pm to 6pm. The Melaka Hard Rock Cafe project undertaken by Casa Del Rio will be completed...
Read more

Generic Sildalist (Sildenafil Citrate 100 mg + Tadalafil 20 mg)

Image
Sildalist allows users achieve a powerful and stable erection and at the same time prolongs the sexual act. Package Price Per Pills Savings Order 100/20 mg x 30 pills $72.99 $2.43 $0.00 100/20 mg x 60 pills $140.99 $2.35 $4.80 100/20 mg x 90 pills $206.99 $2.30 $11.70 100/20 mg x 120 pills $261.99 $2.18 $30.00 100/20 mg x 180 pills $359.99 $2.00 $77.40 100/20 mg x 270 pills $534.99 $1.98 $121.50 Product Description Common use Sildalist is a combination drug, consisting both of Tadalafil and Sildenafil citrate . This combination allows users achieve a powerful and stable erection and at the same time prolongs the sexual act, which makes Sildalist the number one complete solution for incredible sexual pleasure . Dosage and direction Users should take just one tablet of Sildalist at least 20 minutes before sexual activity, but it’s recommended to give the tablet one hour to dissolve and start working. Usual dose of Sildalist consists of 100 mg of Sildenafil and 20 mg of T...
Read more