Continuum Partners founder Mark Falcone and a rendering of Produce LA Continuum Partners is moving forward with a 107,000-square-foot office and retail complex in the Arts District, in an industrial area that has also seen recent some retail and creative office conversions. The Denver-based developer filed a demolition permit to clear a roughly 71,500-square-foot lot […]
Sherman Oaks developer plans 65 units in North Hollywood
5110 N. Bakman Avenue (Credit: Google Maps) A Sherman Oaks-based developer is planning a 65-unit apartment building in North Hollywood. An individual named Nir Paz, working through Clement 1 LLC, filed plans for the project at 5110 N. Bakman Avenue on Friday. The project takes advantage of available Transit Oriented Communities incentives, which provide density […]
Cost for subway extension linking Westside to DTLA doubles to $3.2B
LA officials at a groundbreaking ceremony for the Purple Line Extension in 2014 (Credit: Flickr) A potential real estate development boom for the Westside of Los Angeles from a new subway extension will cost twice as much as what was originally estimated. The Metro Board of Directors approved a new $3.2 billion budget for the […]
Irvine Ranch Water District expands footprint with new office complex
Irvine Ranch Water District Board President Steven LaMar and a rendering of the Source H20 building The Irvine Ranch Water District’s new office complex will rise next to the agency’s headquarters, expanding its presence in an area whose office market has stayed flat but whose residential component has seen rapid growth. Work started on the […]
Opportunity Zone program has loads of potential but is not a cure-all: panel
From left to right: Toby Moskovits, Steven Adler, Seth Pinsky, Ben Miller, Bob Knakal, and moderator Maury Golbert The burgeoning Opportunity Zone program could be one of the best development initiatives the country has ever seen, but investors and developers still shouldn’t expect it to turn every deal into a winner, top real estate executives […]
Shopping center developer proposes megaproject at Citadel Outlets in Commerce
Craig Realty founder Steven Craig and the Citadel Outlets (Credit: Wikipedia) Move over Disneyland, the city of Commerce might get its own monorail…to shuttle passengers through a massive mixed-use project now on the table. Shopping center developer Craig Realty Group is planning a major expansion of the Citadel Outlets shopping complex in Commerce that would […]