Arts District Gets New Mixed-Use Community, Big on Outdoor Experience
One of the largest new mixed-use complexes in downtown L.A. is set to spruce up the city’s Arts District with construction now officially on at the 905 East Second Street site. Developed by a joint venture between Lowe Enterprises, Megatoys and institutional investors advised by J.P. Morgan Asset Management, the building will replace two vacant warehouses at the address, currently being demolished.
By Alex Girda, Associate Editor
One of the largest new mixed-use complexes in downtown L.A. is set to spruce up the city’s Arts District with construction now officially kicked off at the 905 East Second Street site. Developed by a joint venture between Lowe Enterprises, Megatoys and institutional investors advised by J.P. Morgan Asset Management, the building will replace two vacant warehouses at the address, currently being demolished.
The project will bring 320 new residential units to the Arts District, on a 2.9-acre site between 1st and 2nd streets. Designed by Togawa Smith Martin Architects, the property will feature a modern interpretation of the industrialized character of the neighborhood. Architectural details will include an articulated façade, balconies and setbacks; and the use of brick will highlight the historic background of the area. With construction just starting, the new community will be unveiled during 2015’s Q3. The complex will be designed to meet the US Green Building Council’s LEED-certification standards.
Two buildings on either side of Garey Street will create an active public area including 15,000 square feet of retail and restaurant space, as well as a landscaped public plaza. The residences will feature open floor plans and high-end equipment and finishes including gourmet kitchens, quartz countertops, custom cabinets, plank flooring, walk-in closets and washer and dryer units. Average unit sizes will be around 728 square feet, with the open-space feel further heightened by large operable windows for every unit. Resident amenities for the new apartment community will include a fitness center with yoga room and outdoor fitness space, and a common area featuring a sports lounge look for informal gatherings and entertainment.
The residential units will be aimed at a creative audience, mostly young urban professionals and couples drawn to the lifestyle of L.A.’s Arts District. The ambiance created by the generous outdoor spaces that the community will provide is one of the main draws. Four different courtyards will be landscaped with native plants that resist drought. One courtyard will be available to resident’s pets. A rooftop deck, fire pits, grilling areas, a resort-style pool, spa, sundeck and outdoor lounge add to the relaxed feel that the property aims to convey.
