File under: Awesome,

, &
The parking garage planned for Spring Street may now have 6-7 levels of residential space on top. If this goes through, the City should rename a nearby intersection to Joseph Hellen Square. From the
Los Angeles Downtown News:
Image Source: Los Angeles Downtown News
Developer Opens One Historic Core Apartment Complex and Plans Another
Posted: Wednesday, August 29, 2012
by Ryan Vaillancourt, Staff Writer
DOWNTOWN LOS ANGELES - Joseph Hellen may be 86, but the Australian businessman who has extensive Downtown Los Angeles property holdings has not slowed down.
Last week, Hellen’s company Downtown Management got final approvals for its $15 million conversion of the Chester Williams Building, its third apartment project to open in the Historic Core in two years. Leasing in the structure at 215 W. Fifth St. is underway.
Hellen isn’t resting on his laurels.
Instead, he just announced plans for a new, 12-story apartment complex and parking garage on Spring Street. It would mark the first time that Hellen builds from the ground-up in Downtown instead of restoring an old property.
Read the whole story
here. Trust me, it's worth it.