DOWNTOWN LA | Medallion 2.0 | 130ft x 4 | 13 fl x 4 | Pro

2323 Views 3 Replies 2 Participants Last post by pesto, Apr 13, 2014

desertpunk

Discussion Starter · Apr 12, 2014

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Medallion 2.0 Will Bring Four 13-Story Towers to Historic Core

With all the action heading to Broadway, in the Fashion District, and in North South Park, maybe you thought the original Downtown hotspot--the Historic Core--was tapped out on the development front. Oh heck no, there is something big on the horizon: Medallion developer Saeed Farkhondehpour is planning something huge called Medallion 2.0. The project at Third and Main could include four 13-story towers with up to 400 residential units, a boutique hotel, a public park, a five-level parking structure, loads of retail space, and maybe even that Alamo Drafthouse movie theater that Farkhondehpour's been trying to make a deal with (meanwhile, Medallion 1.0, which opened in 2010 and includes 96 units, is adding tons of local retail and restaurants). Designs are by Downtown-based Kevin Tsai Architecture.

With a 2015 date for groundbreaking, this one will be off the burner for a while.

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pesto

· #2 · Apr 12, 2014

Is this back from the dead (or never born)? Is there something new from a year ago? I like the boldness but haven't hear a word.

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desertpunk

Discussion Starter · #3 · Apr 13, 2014

pesto said:
Is this back from the dead (or never born)? Is there something new from a year ago? I like the boldness but haven't hear a word.

I found the thread for it in WDN and decided to post it here. The developer is taking time to start phase 2 of the Medallion development (phase 1 was completed in 2010 and felt the effects of the recession) so this one will sit a while and may even get redesigned as well. Who knows? :dunno:

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pesto

· #4 · Apr 13, 2014

It's in an area that has shown some real growth and it has a style that is not only bold but fits generally with the modernist look of the civic center. But since its announcement it has really disappeared.

I rank it near Shomof, Shy and Hellen. Or that guy who is proposing that someone buy his building on Broadway and develop it; that's not a real development proposal.

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