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Old Posted Dec 23, 2016, 5:13 AM
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LOS ANGELES | 8th & Fig | 530 FT | 42 FLOORS

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Old Posted Dec 24, 2016, 1:09 AM
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Quote:
When we first learned of the plan to put a 43-story residential high-rise on a parking lot at the corner of 8th and Figueroa streets, we had little information to go on. Now, we at least have a rendering of what’s set to go up: A sleek, glassy tower designed by Johnson Fain, an architecture firm that's behind at least a dozen other Los Angeles developments.

Mitsui Fudosan America (MFA) tells Curbed via email that the tower will hold 436 rental units along with about 10,000 square feet of commercial space, including retail along Figueroa and along Eighth. It will also have 460 parking spaces and parking for 400 bicycles, just a block away from the 7th Street/Metro Center rail station.

MFA's parent company is Japanese real estate developer Mitsui Fudosan. The company attempted to put a 400-room hotel on the site back in the 1990s, but the plan never got off the ground.

This new tower will be a block away from the 73-story Wilshire Grand, which will hold a fancy hotel, office space, and retail on the bottom floors.
==========================
1) http://la.curbed.com/2016/7/11/12154...-la-south-park
2) http://skyrisecities.com/news/2016/1...-angeles-tower
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Old Posted Jun 19, 2019, 9:21 PM
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Old Posted Dec 1, 2020, 11:06 PM
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Old Posted Dec 1, 2020, 11:19 PM
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Is there a light rail line being planned here?
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Old Posted Dec 2, 2020, 3:27 AM
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Originally Posted by homebucket View Post
Is there a light rail line being planned here?
yes, the downtown streetcar
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Old Posted Dec 2, 2020, 4:17 AM
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This is officially in site prep, and should start foundation work rather shortly, which would put it officially under construction per the forum rules.
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Old Posted Dec 4, 2020, 4:40 AM
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Quote:
Originally Posted by 112597jorge View Post
yes, the downtown streetcar
It's a joke how long this project has taken to start. Wasn't it approved by voters in 2012? And still no construction...
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  #9  
Old Posted Jan 20, 2022, 8:26 AM
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42-story apartment tower rises at 8th & Figueroa

One of DTLA's most conspicuous parking lots is a thing of the past

Steven Sharp
Urbanize Los Angeles
January 19, 2022







Nearly one year after we last stopped by, the concrete podium is complete, and the trunk of Mitsui Fudosan America's new residential high-rise is taking shape at the intersection of 8th and Figueroa Streets in Downtown
Los Angeles.



The project, which replaced a surface parking lot across the street from the Figat7th shopping center, will eventually consist of a 42-story building featuring 438 studio, one-, and two-bedroom apartments above podium
parking and approximately 7,500 square feet of ground-floor retail space.

Designed by Johnson Fain, the approximately 530-foot-tall building will be clad in glass with LEDs embedded into its facade. Mitsui Fudosan, per a condition of approval imposed by the Los Angeles City Planning
Commission, is also required to encase the above-grade parking garage in the same type of glass wrapping the trunk of the tower - something which has not been seen before in Downtown. A landscaped amenity deck
with a swimming pool will cap the podium.

At the time of its groundbreaking in mid-2020, completion of the 8th and Figueroa tower was expected within three years.



Besides housing, the project will also result in several off-site improvements, including the addition of a new mid-block crosswalk feeding into Figat7th. Brookfield, which owns the mall and the surrounding office complex,
is in the midst of construction on its own apartment tower just west of the Mitsui Fudosan site.

Mitsui Fudosan America, a subsidiary of the Japanese conglomerate Mitsui Fudosan, has owned the land at 8th and Figueroa since the 1980s, and once considered developing the property with an office tower. After that
1990s proposal fell through, the site remained a parking lot for nearly 30 years until plans for the residential development were initiated in 2016.

In addition to the Figueroa Street property, Mitsui Fudosan America also owns a second property two blocks east at 8th and Hope Streets, where the company expects to break ground on a similar apartment tower in
the near future.





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  #10  
Old Posted Jan 20, 2022, 8:28 AM
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Can we get a mod to update the thread title to include the building height of 530 feet and 42 stories, and move it out of the "proposals" thread, please? Thanks!
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Last edited by craigs; Jan 20, 2022 at 8:43 AM.
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Old Posted Jan 21, 2022, 7:27 AM
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Thank you, mods!
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Old Posted Jan 24, 2022, 4:08 AM
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From ernart92's post tonight in the main downtown LA thread:



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Old Posted Sep 27, 2022, 8:16 AM
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From the Downtown LA thread:

Quote:
Originally Posted by LAisthePlace View Post
Haven't seen it called anywhere, but I think Mitsui Fudosan has topped out! If so, pretty solid height in the end! Really happy with how its turning out and can't wait to see how that block feels once both the Brookfield and this tower are completed and filled with thousand+ new residents.



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  #14  
Old Posted Oct 25, 2022, 6:04 AM
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Old Posted Nov 12, 2022, 7:14 AM
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Old Posted Nov 12, 2022, 7:21 AM
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