Here’s What Happened During Last Month’s Development & Construction
Greenland USA celebrated the topping out ceremony for its fourth and largest Metropolis tower on May 17th. Standing at 627 feet tall, the 56-story structure is currently the tallest residential building in Los Angeles. Construction will be complete in 2018.
Over in the Fashion District, work is underway on the Grether & Grether building. The historic building is zero lot lined between two Santee Village buildings, but will be managed by South Park Group, who is the developer of the project. The building will have a total of 72 live/work lofts, which are expected to deliver later this year.
Downtown’s South Park neighborhood is rampant with new construction, including the project at 1133 S. Hope. Construction began less than two months ago, however quite a bit of dirt has already been removed from the site. I’m not aware of a projected delivery date for the 28-story condo tower, but I’ll certainly be keeping an eye on its progress.
The Freehand LA hotel is close to opening. A “Freehand” sign has appeared above the front entrance on 8th street. Shortly after the sign went up, workers began to install an awning on the ground floor, where a new restaurant by the name of Exchange will soon open. I imagine the hotel/hostel will be open by June.
The Spring Street Towers are beginning to take form in Historic Core. The western tower at 8th & Spring is currently on its 12th story of what will eventually be a total of 28 stories. The facade materials now cover the entire ground floor level as well as several podium levels.
For more photos of development and construction, head over to my Flickr page.
1133 S. Hope St
Developer: Fulton Street Ventures
Architect: Chris Dikeakos Architects