October 27, 2016 Comments Off on DTLA Flower District Institution Slated for Redev Views: 368 California News, West

DTLA Flower District Institution Slated for Redev

A $100-million mixed-use project is planned for a DTLA Flower District institution that for more than a century has offered the sweet scent of flowers. The owners of the wholesale Southern California Flower Market envision redeveloping the aging Wall St. site into an office, apartment and restaurant project, where flowers will still be sold.

An existing building will be razed for a new 15-story, 320-unit residential tower. The structure’s lower levels would encompass shops and eateries that open onto a paseo, connecting another existing building, which is slated to be renovated and will house the wholesale flower business.

The market’s owners say the existing structures are outdated, functionally obsolete and costly to maintain. Imports also pose challenges, since roughly 80% of flowers are imported, primarily from Colombia and Ecuador.

Read More at Los Angeles Times

*Rendering Brooks + Scarpa

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