View Full Version : 37 stories, new tower DTLA


LosAngelesSportsFan
September 5th, 2005, 03:26 AM
214 more condos, 37 stories. it gets better and better.

Another 200 Condos Slated for South Park

Meruelo Maddux Properties plans to turn a 30,000-square-foot South Park parcel it acquired in late July into a ground-up residential high-rise, a spokesman for the developer said last week. Plans for the land, at Ninth and Flower streets, call for a 37-story tower with 214 loft-style condominiums and 68,000 square feet of ground floor retail. A groundbreaking is scheduled for next spring. It marks the second high-profile move by Meruelo Maddux Properties in as many months; in July the developers paid $12 million for the Union Bank & Trust Company Building on Eighth and Hill streets and announced plans to turn that 12-story structure into 90 loft-style apartments by early 2007. The firm is run by John Maddux and Richard Meruelo; the latter is a sometime controversial land owner who recently prevailed in a legal tangle with the Southern California Institute of Architecture over ownership of the school's Arts District building.

page 2, 9/5/2005

Dale
September 5th, 2005, 04:07 AM
Wow ! LA is really busting loose ! And 68k sq.ft. of retail is nothing to sneeze at.

LosAngelesSportsFan
September 5th, 2005, 06:07 AM
ya im loving it! the great thing is that almost everyone of these projects has substantial amounts of retail and mostly are being integrated with the street and will promote street life and urbanity.

RBR
September 5th, 2005, 10:19 AM
Any renderings?

i_am_hydrogen
September 5th, 2005, 11:51 AM
Great news!

PotatoGuy
September 6th, 2005, 12:03 AM
yes, more good stuff