{"id":1004084277,"date":"2013-09-27T10:26:38","date_gmt":"2013-09-27T18:26:38","guid":{"rendered":"https:\/\/synd.yardi.com\/?p=188738"},"modified":"2022-12-08T19:20:10","modified_gmt":"2022-12-09T03:20:10","slug":"arts-district-gets-new-mixed-use-community-big-on-outdoor-experience","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/arts-district-gets-new-mixed-use-community-big-on-outdoor-experience\/","title":{"rendered":"Arts District Gets New Mixed-Use Community, Big on Outdoor Experience"},"content":{"rendered":"

By Alex Girda, Associate Editor<\/em><\/p>\n

One of the largest new mixed-use complexes in downtown L.A. is set to spruce up the city\u2019s 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.<\/p>\n

The project will bring 320 new residential units to the Arts District, on a 2.9-acre site between 1st<\/sup> and 2nd<\/sup> 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 fa\u00e7ade, 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\u2019s Q3. The complex will be designed to meet the US Green Building Council\u2019s LEED-certification standards.<\/p>\n

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.<\/p>\n

The residential units will be aimed at a creative audience, mostly young urban professionals and couples drawn to the lifestyle of L.A.\u2019s 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\u2019s 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.<\/p>\n","protected":false},"excerpt":{"rendered":"

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.<\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1594,21742],"tags":[1815],"class_list":["post-1004084277","post","type-post","status-publish","format-standard","hentry","category-los-angeles","category-latest","tag-national"],"acf":[],"yoast_head":"\nArts District Gets New Mixed-Use Community, Big on Outdoor Experience - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/arts-district-gets-new-mixed-use-community-big-on-outdoor-experience\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Arts District Gets New Mixed-Use Community, Big on Outdoor Experience\" \/>\n<meta property=\"og:description\" content=\"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. 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