Posted Mar 14, 2016, 4:24 AM
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Registered User
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Join Date: Feb 2002
Posts: 6,729
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Originally Posted by ConstructDTLA
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One of the biggest residential projects in Downtown Los Angeles will break ground this week. On Tuesday, March 15, at 9 a.m., developers Legendary Developments and Brookfield are slated to officially begin construction on the Arts District complex 950 E. Third St. (grading and pre-construction already took place). The series of five- to six-story buildings on a six-acre site next to the Southern California Institute of Architecture will create 472 residential units along with 22,000 square feet of retail. The $215 million effort, which is being designed by Kava Massih Architects, will include a walkway that connects Third Street with Traction Avenue; that pathway will be open to the public. The project is scheduled to be finished in mid-2018.
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Downtown Los Angeles has suddenly become the most vibrant part of the city with new hotels and restaurants continually popping up. Sure LA Live and the Staples Center account for a lot of this, but something else is happening. The area has become a mecca for high-tech business, especially app start-ups. An example of this resurgence is the Ace Hotel, which is now one of the best places to stay downtown.
Years ago in another life I actually lived in downtown L.A. It was cutting-edge stuff back then but quite dull after 7 p.m. during the week and on weekends. Instead of leaving the area after work, people are now gravitating to it. The plethora of theater and sporting event options means there is an event going on almost every night of the year. There are scores of brand new condominium buildings, and even a Whole Foods just opened only a couple of blocks from the Ace Hotel.
With all the activity here these days, it might be hard to remember what the real drawing card is. “It’s the weather, stupid,” to play on a political pun. You see, downtown L.A. might just have the best weather in the U.S. Every time I visit, it seems to be hovering between 70-85 degrees. To top it off you would be lying if you did not notice that there is very little smog anymore. Decades of tough emissions controls have restored the beautiful mountain vistas that for a long time only existed on New Year’s Day at the Rose Bowl.
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thanks for the series of update pics, constructdtla & cesar.
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