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Proposed Mixed-Use Project Will Expand Arts District Posted On Rendering of the completed Fourth & Central project. Continuum Partners and Los Angeles Cold Storage submitted a development application with the City of Los Angeles on April 29 to reimagine a Downtown gateway site. As one of the few large Downtown parcels remaining, the 7.6-acre site at Fourth Street and Central Avenue will be transformed by Denver-based developer Continuum Partners into a resilient, sustainable community that will provide a variety of housing options and jobs. “We are very bullish about the future of Los Angeles, particularly Downtown,” said Mark Falcone, CEO and founder of Continuum Partners. “Our team is especially looking forward to being part of the massive transit infrastructure coming to DTLA, which will reshape the entire region over the next 20 years and help L.A. lead the nation towards a more equitable 21 ....
Along with 1,521 residential units and a 68-room hotel, plans for Fourth and Central include 401,000 square feet (37,000 metres) of office space and 93,000 square feet (8,640 square metres) for retail and restaurant use. Construction could begin in 2024 if the scheme is approved Working with David Adjaye and his team, we ve designed an open, street-level plan that incrementally connects with the neighbourhood, providing diverse buildings, a rich mix of uses, and abundant green space – all human-scaled and accessible, said Studio One Eleven founder Alan Pullman. Studio One Eleven plans to make the development walkable and cycle-friendly. Fourth and Central provides an unmatched opportunity to leverage major transit improvements in a way that responsibly uplifts the community with increased housing and commercial opportunities, he added. ....
Print Blows to businesses during the pandemic have deadened the streets of downtown Los Angeles and threaten long-term changes to office life, but builders are pressing ahead with major projects in the belief that the city still has a lot of room to grow as times get better. An Arts District cold-storage plant dating to the 1890s would be replaced with housing, offices, a hotel and shops in a proposal unveiled Thursday by Denver developers. With a price tag between $1.5 billion and $2 billion, the complex would rank among the largest L.A. commercial real estate developments in recent memory. Continuum Partners launched the city approval process for a 10-building project that includes a residential skyscraper at Central Avenue and 4th Street, a historically industrial neighborhood dotted with art galleries, apartments and buzzy restaurants that has become increasingly attractive to tech and entertainment companies including Apple TV, Sony and Warner Music. ....
Magnolia's takeover review quashed - Real Estate Business realestatebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestatebusiness.com.au Daily Mail and Mail on Sunday newspapers.
Takeovers Panel tells The Agency to 'maintain the status quo' realestatebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestatebusiness.com.au Daily Mail and Mail on Sunday newspapers.