Historic Core WELCOME HOME

Less than one year after an ugly controversy surrounding a proposed pedestrian bridge at the half-destroyed Da Vinci complex, the 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.

A longtime surface parking lot near the historic Grand Central Market in Downtown Los Angeles could soon make way for a skyline-altering mixed-use development. Yesterday, plans were filed with the City of Los Angeles for a new 33-story residential tower on a nearly one-acre property at 338 South Hill Street. The proposed development, located directly above an entrance to the Pershing Square subway station, would include 428 residential units and approximately 2,900 square feet of ground-floor commercial space.

After months of anticipation, Geoffrey H. Palmer has finally broken ground on the second component of his Broadway Palace development. Asphalt was recently cleared from the 2.5-acre parking lot at 928 South Broadway, the first step in the construction of a podium-style building which will contain 439 studio, one-and two-bedroom apartments above 35,000 square feet of ground-floor retail space and a 1,152-car underground garage. This follows the September 2014 groundbreaking of the development’s first phase, which consists of a six-story structure featuring 240 residential units and 17,500 square feet of street-level commercial space.

In a recent presentation to the Downtown Los Angeles Neighborhood Council’s Planning and Land Use Committee, developer Equity Residential revealed new information about their upcoming high-rise project near Grand Central Market. The proposed development, located at the northeast corner of 4th and Hill Streets, would consist of a 33-story building featuring 320 market rate apartments, 22 very low-income units, 86 workforce housing units and 2,900 square feet of ground-floor commercial space.

A new wrinkle has emerged in the highly anticipated revitalization of Downtown Los Angeles’ Broadway Trade Center. Earlier this year, New York real estate investment firm Waterbridge Capital announced its intent to redevelop the once grand department store into an ecletic mixed-use complex akin to Manhattan’s Chelsea Market. Plans for the 1.1 million-square-foot building call for 500,000 square feet of office space, 200,000 square feet of shops and restaurants, and a hotel with up to 200 guest rooms.

An environmental report published by the Los Angeles Department of City Planning has revealed new details about the 8th and Spring Project, a proposed apartment tower in Downtown’s Historic Core. The project, planned by the Washington-based Holland Partner Group, would replace a .8-acre parking lot at the intersection of 8th and Spring Streets with a modern 24-story building. According to documents filed with the City, the proposed tower would contain 320 studio, one- and two-bedroom apartments above as much as 25,000 square feet of ground-floor commercial space.

New renderings have emerged for Broadway Palace, an immense residential-retail complex currently under construction in Downtown Los Angeles. A marketing brochure from Colliers International has revealed that the completed development will feature approximately 36,000 square feet of ground-floor retail and restaurant space, divided between two buildings on opposite sides of Olympic Boulevard. The first, a six-story edifice at 1026 South Broadway, is scheduled for completion in 2016. The low-rise building will contain 240 apartments and 15,900 square feet of retail space along Broadway and Olympic Boulevard.

Earlier this year, New York real estate firm Waterbridge Capital revealed plans to revitalize the formerly grand Broadway Trade Center into an eclectic mixed-use complex inspired by Manhattan’s Chelsea Market. With work now underway on the collosal renovation project, a new set of images have emerged from architecture firm Omgivning which appear to depict the finished product. Renderings portray the 1.1-million-square-foot edifice with prominent greenery, accent lighting and vertical blade signs.

According to the Hollywood Reporter, the boutique hotel chain Proper will soon be announced as the operator of the historic Case Hotel in Downtown Los Angeles. The 90-year-old building, located at 1106 South Broadway, is slated to contain 148 guest rooms, a basement bar and new ground-floor restaurant withs sidewalk dining. Due to 13-story tower’s past uses as home to the Commercial Club of Southern California and the YWCA, the project will also offer unique amenities including an indoor swimming pool and a basketball court.

After turning over a new architectural leaf with his upcoming Broadway Palace development, it appears that Geoff Palmer is now jumping into the adaptive reuse game. A document from the Downtown Los Angeles Neighborhood Council has revealed that the Beverly Hills-based developer intends to convert the original headquarters of the Southern California Gas Company into a mixed-use complex featuring live-work lofts and pedestrian-oriented commercial space. The seven-story structure, located at 950 South Broadway, would include 30 residential units, a rooftop amenity deck, and approximately 7,500 square feet of commercial floor area split between its basement and ground levels.