Mid-rise apartment building developed on a surface parking lot in downtown Los Angeles, just east of L.A. Live and the Staples Center.
Property Size
- 266 rental apartments
- 8,500 square feet of retail space
Highlights
- Located one block east of the Staples Center and L.A. Live.
- Eight-story residential building with ground-floor retail space and an attached parking structure.
- Project amenities include a lap pool with extensive sun deck, an indoor fitness center and an interior courtyard with a fire pit.
- Apartment units feature high ceilings, open floor plans and expansive window areas.
- Site is subject to a long-term ground lease from the Community Redevelopment Agency of the City of Los Angeles.
- Construction was financed through proceeds from the sale of tax-exempt bonds; 20% of the units are designated as affordable housing for low- and moderate-income residents.
