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Little Tokyo Office Tower to Receive Upgrades

A dated commercial building in Little Tokyo is about to receive a much-needed makeover. The Terraces, a mid-rise office tower located at 420 E. 3rd Street, is poised to receive a series of improvements which will bring the aging building into the 21st century. The 10-story structure, completed in 1988, is currently 76% occupied according to data from commercial real estate website City Feet. It is home to a diverse mix of tenants, including dozens of medical offices and the corporate headquarters of Pacific Commerce Bank.

Blighted Hollywood Property to Make Way for Apartments

Yesterday, the Department of City Planning published an environmental report for 5750 Hollywood Boulevard, a mixed-use development which would rise from a forlorn one-acre property located just east of the 101 Freeway. Plans call for a seven-story structure, featuring 161 dwelling units, 5,700 square feet of ground-level retail space, and parking accommodations for 271 vehicles and 96 bicycles. The project would incorporate numerous residential amenities, including a media room, fitness center, outdoor pool and spa deck, and a rooftop terrace with panoramic views of Hollywood.

Renderings Revealed for Pico Union Hotel Development

Planning documents presented to the Los Angeles City Council have unveiled renderings for a new hotel development in Pico Union. The low-rise Hotel Olympia would be built a one-acre property at 1700 West Olympic Boulevard, located within a half-mile of LA Live and approximately one mile from the Los Angeles Convention Center. Plans from developer CK Hospitality call for a five-story structure containing 149 guest rooms above 8,600 square feet of street-level restaurant space.

Latest La Brea Mixed-User Unveiled

A recently published environmental report from the Department of City Planning has revealed new details about the 904 La Brea Project, a mixed-use development planned near the border between Los Angeles and West Hollywood. The seven-story development, slated for a roughly one-acre site at the corner of La Brea and Willoughby Avenues, would feature 169 apartments and approximately 37,000 square feet of of ground-floor retail space. Proposed dwellings would include studio, one-and-two-bedroom units, with approximately 14 apartments set aside for very low income households.

More Residential Over Retail in K-Town

Shocker of the week: another underutilized Koreatown property is slated for redevelopment. Plans were filed late last year for a new residential-retail complex on a roughly half-acre property at 3100 West Eighth Street. The proposed development would consist of a seven-story structure, featuring 100 residential units above ground-floor commercial space. A density bonus requested by the developer indicates that at least some of the units would be reserved as affordable housing.

Grading/Shoring Permits Issued for Palmer's Broadway Palace

One month after the massive blaze which destroyed half of the unfinished Da Vinci apartments, developer Geoff Palmer is preparing to begin work on yet another Downtown residential-retail complex. Earlier this month, grading and shoring permits were issued by the Department of Building and Safety for the second half of Broadway Palace, a mixed-use development planned near the border between South Park and the Historic Core. The project, located at 928 South Broadway, would create 439 studio, one-and-two bedroom apartments in a low-rise and mid-rise.

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, 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.

Budokan of Los Angeles Gets a New Look

In October 2014, the Little Tokyo Service Center (LTSC) proudly announced that it had crossed the 50% threshold in its $23 million fundraising campaign to build the Budokan of Los Angeles. The proposed recreation center, a longtime goal of many community stakeholders, would replace a surface parking lot at 229-49 S. Los Angeles Street. Now, in an article published by the Rafu Shimpo, LTSC has unveiled a new look for the project designed by local architecture firm Gruen Associates.

Lots of Progress on Expo-Adjacent TOD

Amidst the rumble of passing Expo Line trains, construction pushes ahead for the highly anticipated development known as Access Culver City. The mixed-use complex from Greystar Real Estate Partners broke ground just over one year ago at the intersection of Washington and National Boulevards, directly across the street from Metro’s Culver City Station. When completed in July, the five-story structure will offer 115 apartment units above 30,000 square feet of ground-floor commercial space and a subterranean parking garage.

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.