LOS ANGELES | 888 Grand Hope Lofts | 101m | 330ft | 34 fl | Com

In the span of only about six years, the corner of Ninth and Grand in North South Park has turned from desolate to vibrant, thanks to the Market Lofts, a Ralphs grocery store, and a slew of adjoining restaurants and retail, with work now accelerating on the Embassy Hotel conversion and two mixed-use towers (Eighth and Hope and Onni) sprouting nearby. Now add a third tower to that list: ground breaks soon on 888 South Hope, a 33-story, 526-unit residential tower and adjacent six-story mixed-use parking garage with retail at the bottom and "rooftop amenities" on top, according to Brigham Yen.

The CIM Group project will fill in the last remaining surface parking lot in the immediate vicinity. Neighbors have already received reports that work is beginning on the garage this week, with tower work to follow.

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blackcat23 said:

http://brighamyen.com/2014/07/07/new-renderings-reveal-lots-ped-friendly-retail-coming-888-s-hope-downtown-la/#more-12808

New Renderings Reveal Lots of Ped-Friendly Retail Coming to 888 S Hope in Downtown LA

t’s been three months since construction first began on the parking structure that will be attached to the new and exciting 888 S Hope, a brand new 33-story residential tower about to break ground later this year in burgeoning South Park. Being developed by LA-based CIM Group, new renderings from RTKL — the architect firm designing the project — show lots of retail space on the ground floor of both the parking structure and the tower itself. As you can see in the renderings (above and below), ample retail space will face Hope Street and wrap around the tower along 9th Street bordering the upcoming boutique Empire Hotel.

The auto-oriented driveway for the parking structure is supposed to be placed on Hope Street adjacent to the tower, but with so much retail, the entire project will still act as a strong pedestrian connection between South Park and the Financial District working in concert with the Market Lofts and the brand new 8th and Hope tower across the street. The parking structure is scheduled for completion in summer 2015 and the tower is slated to break ground this fall 2014 (possibly in late September) finishing up in 2016.

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