Apartment Choice

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 mi...

Buy Photo The Ann Arbor City Apartments in Ann Arbor. Ann Arbor is seeing a building boom of apartments and condos for the last couple of years that continues to ramp up. (Photo: Romain Blanquart/ Detroit Free Press ) Buy Photo An unprecedented building boom of apartment high -rises and condos has made construction cranes a lingering fixture of the Ann Arbor skyline . No fewer than six cranes hovered over downtown last week as private developers raced to erect more luxury student and post-collegiate housing within walking distance to University of Michigan classrooms. The half- dozen residential projects that are under construction or slated to begin are the latest round in a boom that has been under way for at least three years and is permanently altering the city's housing situation. Many of the current and earlier developments specifically cater to U-M students, offering additional near- campus living options aside from blocks of grubby old houses. Other projects have ta...