December 8, 2016 Comments Off on Crescent Heights Reaches for 800-Unit DTLA Condo Tower Views: 446 California News, Los Angeles, West

Crescent Heights Reaches for 800-Unit DTLA Condo Tower

Connect Westside Los Angeles is coming to the Luxe Sunset on December 13. Register here.

Florida-based Crescent Heights is proposing an 800-unit condo project in DTLA on a parcel it acquired for $11.5 million last year. A 714-foot tall tower is envisioned to rise on the half-acre development site at 1045 S. Olive St. in South Park.

Plans filed with the city are for a high-rise that would be one of the tallest buildings in SoCal. The project is envisioned as a mixed-use development that would include ground floor commercial and amenity space.

The site is in an area undergoing significant transformation, including several new residential developments. It is also located along the route of the 3.8-mile Downtown Streetcar slated to loop through the heart of DTLA.

Read more at Urbanize LA

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For comments, questions or concerns, please contact Dennis Kaiser

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