Los Angeles City Planning Commission President Samantha Millman and a rendering of the Flower Market project (credit: Brooks + Scarpa and Twitter) A proposed 323-unit apartment building in Downtown Los Angeles at that the Southern California Flower Market passed a key hurdle this week. The City Planning Commission voted in favor of the plan by […]
Skid Row’s road map to gentrification
Samantha Millman, President of the Los Angeles City Planning Commission, Lee Raagas, chief executive officer of Skid Row Housing Trust and Skid Row (Credit: iStock) Could a new rezoning plan hit the gas on the gentrification of Skid Row? In short, it’s more like a very slow release of the brakes. Last month, when the […]
Appeal settled, Lizard Capital’s jagged-look DTLA hotel project has start date
Lizard Capital CEO Bingyi Huang and a rendering of the Spring Street Hotel Developer Lizard Capital has a start date for its controversial, long-planned and highly stylized 28-story hotel tower in Downtown Los Angeles. The Spring Street Hotel will begin work next spring, according to Adam Sokol Architecture Practice, Urbanize reported. The tower is set […]
Rexford signs film and TV props supplier to giant warehouse lease Downtown
Rexford Industrial Realty co-CEOs Howard Schwimmer and Michael S. Frankel A film and television props supplier is moving from its longtime Hollywood home to a Rexford Industrial-owned warehouse in Downtown Los Angeles. Omega Cinema Props Inc. signed a 245,000-square-foot lease just south of the Arts District, a 10-year deal valued at $27 million, according to […]
LA wants to rezone Skid Row to allow 100K units of new housing
The Skid Row City Limits mural A city plan to rezone Skid Row could transform the impoverished neighborhood, allowing for the construction of 100,000 new housing units over the next few decades. Unveiled Tuesday, the draft plan would likely reach the Los Angeles City Council next year following further review year, according to the Los […]
City approves lease deal for Little Tokyo mixed-use project
Go For Broke CEO Mitchell T. Maki and Little Tokyo Service Center Executive Director Dean Masubayashi The City Council approved a long-term lease with two nonprofit developers for a mixed-use project in Little Tokyo. The complex, on city land, is set to include affordable housing for veterans. Go For Broke National Education Center and the […]