TREND REPORT - LA Fashion District
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Q2 | 2019 TREND REPORT BUSINESS IMPROVEMENT DISTRICT (BID) NEWSLETTER City Market Social House, Photo by City Market Los Angeles TRANSFORMING THE FASHION DISTRICT...A DEVELOPMENT UPDATE The L.A. Fashion District is a diverse there are now over 3,500 residential including the Tuck Hotel in 2016 and and vibrant 107-block area home to units in the district and another 500+ the announcement of four new hotels. the apparel and floral industries. What units currently under construction. By Once completed, the Proper Hotel, was once a 9-to-5 business destination 2020, the Fashion District will have The Hoxton, Mart South Hotel and continues to transform into a downtown more than doubled in residents in the proposed hotel at City Market will neighborhood with residents, cafés, just 4 years, with an estimated 4,000 have nearly tripled the number of beds galleries, restaurants, bars, events and residential units (or 6,400 residents). available to Fashion District visitors, entertainment available beyond 5 p.m. buyers and wholesalers. Another dramatic change is the In the last five years, the district increase in hotels and visitors. The office market is also changing. has seen a dramatic increase in The arrival of Ace Hotel in 2014 In the next couple of years, the development. A slew of new mixed- transformed the intersection at 9th and Fashion District is expected to add use and adaptive reuse projects are Broadway and spurred an economic more than 350,000 square feet bringing new amenities to the area. The shift that reverberated across of new creative office space and most dramatic change has been the Downtown. Ace Hotel was a catalyst approximately 510,000 square feet of influx of much-needed housing. In fact, for the arrival of boutique hotels, new retail space. This continues to be a neighborhood in transition. TREND REPORT FASHIONDISTRICT.ORG | 213.488.1153
TREND REPORT In this report, we give an update on the new and upcoming development projects that are transforming the LA Fashion District. PROPOSED PROJECTS MAIN STREET PARK & TOWER **UPDATE** Earlier this year, Jade Enterprises unveiled new information and renderings of the Main Street Tower proposed for 1123 S. Main Street. The 30-story edifice would include 363 apartments. Designs from MVE+Partners include a landscaped amenities deck on top of the parking podium on the southern end of the site. The building would rise at an Main Street Park & Mixed-Use Project, 11th & Main Streets intersection where Jade has proposed 9th streets, already features ground- another project -- an 8-story 379-unit level commercial space. According to residential development. The two city records, the four-story structure projects, Main Street Park and Main was built in 1920 as a manufacturing Street Tower, are meant to play off facility. each other, with a crosswalk linking FASHION DISTRICT RESIDENCES the tower to the former’s ground-level plaza. The Fashion District Residences, a joint venture between Realm Group and MART SOUTH HOTEL **UPDATE** Urban Offerings, will replace a surface The Mart South Hotel would transform parking lot at 7th and Maple streets a 6-story commercial building at 124 with a 33-story, 370-foot-tall tower E. Olympic Blvd into a 7-story, 149- containing 452 apartments. It will have room hotel featuring ground-floor ground-floor commercial space and commercial uses and a roof-level parking for 561 vehicles. The proposal terrace and pool deck. An existing at- calls for a mix of unit types, including 19 grade parking lot would be retained. Rendering of Mart South Hotel, from KFA Architecture live/work dwellings and 50 affordable housing units. Renderings show that the existing 823 S. LOS ANGELES ST. building, which dates to the 1950s, The project features design work from would be painted and refurbished, with Developer Uri Harkham is converting Humphreys & Partners Architects, a current mechanical rooms at the roof a small commercial building at 823 national firm based out of Dallas, Texas. level converted into habitable space. S. Los Angeles St. into 12 live-work apartments. The low-rise structure, The 370-foot tower features vertical located mid-block between 8th and and horizontal bands of pre-cast TREND REPORT
Q2 | 2019 concrete, woven together to form a series of square frames across the facade. Above-grade parking levels are screened with custom-cut metal which mimics the texture of fabric, a nod to the surrounding neighborhood. Extensive greenery wraps the project at ground level and around its amenity decks. A landscaped pedestrian paseo cuts along the property line, potentially providing a link to the adjacent Santee Village courtyard. Upper levels will also feature a swimming pool, a barbeque area, a private dog park and a skyline observation space. Southern California Flower Market Rendering of the existing Flower Market ground 63,785 square feet of wholesale market level -- an approximately 185,000 space square foot building -- and add a 4,385 square feet of retail space 15-story tower above it featuring: 13,420 square feet of goods and 323 residential units - including 32 to beverage space be priced for affordable households 21,295 square feet of event space, and 64,363 square feet of office space 681 parking spaces located in above and below grade levels Southern California Flower Market Renderings, 755 Wall St. Fashion District Residences by HPA Urban Architecture SOUTHERN CALIFORNIA FLOWER MARKET **UPDATE** In August, the Los Angeles City Planning Commission voted in support of the proposal to redevelop and expand the Southern California Flower Market as part of a mixed-use complex. The proposed development, slated for a nearly 4-acre property bounded by 7th Street, Wall Street, and Maple Avenue, would reduce a portion FASHIONDISTRICT.ORG | 213.488.1153
TREND REPORT UNDER CONSTRUCTION THE HOXTON HOTEL ** UPDATE** Earlier this summer, the wrapping came off of the historic structure at 1060 S. Broadway, which is now known as the Hoxten Hotel. Rendering of city skyline with City Market Los Angeles CITY MARKET ** UPDATE** decades. While waiting for the larger buildout, LENA Group has already A proposal to redevelop a 10-acre repurposed some existing buildings on site in the LA Fashion District with a the property with a mix of office, retail, mixed-use high-rise complex has been and restaurant space known as City approved. Market South. Approved plans call for the The dining scene in the Fashion construction of a series of low-rise District expanded last summer with and high-rise buildings between 3 and the openings of bar and restaurant, 38 stories in height. A full buildout DAMA, and the neopolitan-style could include up to 948 residential pizza spot, Superfine. The two sit Hoxton Hotel, Image courtesy of Hunter Kerhart units -- with 10 percent set aside as inside City Market South, a former affordable housing -- a 210 room hotel, The interior of the building is being industrial campus of low-slung brick a 300,000 square-foot educational converted into 164 guest rooms with and concrete buildings, along with institution, and 225,000 square feet multiple food and beverage venues, other notable tenants -- Rossoblu and of commercial space that could be which are being developed by the ABGO, a film production company dedicated to shops, restaurants, and a Sunday Hospitality group out of New from the Russo brothers. multiplex theater. York City. BROADWAY LOFTS HansonLA is designing the project, The hotel, including an event space which would be connected through What is currently a parking lot located and rooftop pool deck, is scheduled to a collection of internal paseos. at 955 S. Broadway is proposed to be open this fall. Renderings portray a series of angular developed as a 12-story residential glass and steel buildings, rising to a project. Developer Barry Shy, has PROPER HOTEL DTLA **UPDATE** maximum height of 454 feet above planned for 163 condominiums, 6,400 Across the street from The Hoxton ground. square feet of ground-floor retail and adjacent to the Fashion District, space, and parking for 202 vehicles and the Kor Group is nearing completion The project carries roughly a 186 bycicles. of the Proper Hotel in the former $10-million community benefits package, which would help create and As part of a requested transfer of floor YMCA building at 11th Street and preserve affordable housing in the area rights, the project will provide Broadway. The adaptive reuse project Downtown area. Construction could a community benefits package with includes the renovation of many of the occur over the course of the next two funding for the Downtown Streetcar. building’s historic spaces into 148 guest TREND REPORT
Q2 | 2019 rooms and public areas, including a FLOR 401 **UPDATE** CALIFORNIA MARKET CENTER library, an indoor pool and a basketball **UPDATE** After several months of construction, court turned screening room. Skid Row Housing Trust’s $50-million The California Market Center (CMC) Flor 401 Lofts development is climbing. is undergoing a $170 million renovation that’s aimed at attracting new tenants beyond the fashion industry. The upgrades officially kicked off toward the end of 2018, but most of the work to date isn’t obvious. To passerbys, the most obvious change will be the removal of the 2-story former bank building -- currently still there -- at the corner of 9th and Main Street. The makeover will also remove 24 escalators in the building interior and replace them with stairways that Proper Hotel, Image courtesy of Hunter Kerhart lead to 30-foot wide open-air indoor Rendering of Flor 401 from corner of 7th & Wall bridges that will be used like outdoor decks. Walls of glass will be taken off SOUTHERN CALIFORNIA GAS The project, located at the northeast the buildings’ exteriors to create open- BUILDING **UPDATE** corner of 7th and Wall Streets, will air gathering spaces known as loggias consist of a 6-story building featuring that will often connect to rooftop One of Barry Shy’s recent projects 97 studio apartments and supportive decks. in the Fashion District, is the 7-story services. structure at 950 S. Broadway. The original headquarters of the Southern CMC Rendering, Entrance of 9th & Main California Gas Company is currently under construction and being converted into a mixed-use complex with 30 live-work lofts and 7,500 square-feet of commercial floor area split between its basement and ground levels. The building is being restored to its original 1913 appearance. The Broadway Rendering, 950 S. Broadway FASHIONDISTRICT.ORG | 213.488.1153
TREND REPORT NORTON BUILDING + FORMER 649 LOFTS **UPDATE** DEARDEN’S BUILDINGS **UPDATE** As of June, construction had nearly Construction began in May for a topped out at the 649 Lofts, a Downtown-based architecture firm mixed-use project that will rehabilitate $27-million permanent supportive Omgivning is designing the restoration the former home of Dearden’s in housing deveopment in Downtown LA. project, which is converting the Downtown Los Angeles into retail and building’s upper floors to office space The Measure HHH-funded project, office space. and adding 20,000 square feet of which broke ground in early 2018 at the The property, composed of three ground-floor shops and restaurants. intersection of 7th and Wall Streets, is buildings at the intersection of 7th and In addition, the development will being built by Skid Row Housing Trust. Main Streets, will be converted into transform a 4,000-square-foot rear The 7-story building will offer 47 studio 140,000 square feet of offices with yard into outdoor landscaped green apartments to formerly homeless ground floor shops and restaurants space for tenants and guests. persons making at or below 30 to 50 as part of a development from Urban The project, which is planned to be percent of the area median income. Offerings in partnership with ESI built over a period of approximately Ventures. Completion is anticipated to be later 12 months, is the second phase of an this year. The scope of work for the project is office campus which could eventually largely focused on removing many of span much of a full city block. Just the piecemealed alterations made south at 755 S. Los Angeles Street, by a diverse range of tenants and Urban Offerings and ESI are also at businesses over the 100-year lifespan work on the Norton Building, which is of the building, and celebrating the being rehabilitated as approximately return of the early 20th century 65,000 square feet of office space with material palette: brick walls, timber a ground floor food hall and the new framing and cast-iron columns. construction of a rooftop restaurant. Rendering for the rear courtyard at the Dearden’s Building, 7th & Main Streets Rendering of 649 Lofts, Image via Adobe Communities A BRIDGE HOME **UPDATE** Los Angeles city and county officials are close to opening a second temporary homeless shelter in Downtown LA as part of Mayor Eric Garcetti’s A Bridge Home program. Earlier this year, the city of Los Angeles signed a lease to use part of a privately owned warehouse at 142 Paloma Street for emergency housing. The site is being converted into a shelter with 115 beds. The shelter is scheduled to open by the end of the year. TREND REPORT
Q2 | 2019 SINGER BUILDING **UPDATE** their doors earlier this year in the COMPLETED building’s ground-floor retail and The Singer Building - a historic Beaux PROJECTS restaurant space. Arts structure in the Fashion District - is being revived as live/work lofts with ground-floor retail. THE WESTERN PACIFIC ** UPDATE** Downtown-based architecture firm, Omgivning, designed the project, The Western Pacific, located at 1023 which will turn each of the Singer S. Broadway, was purchased by Onni Building’s 7 upper floors into live/work Group. The developer has converted lofts. All units will feature operable the upper floors into more than floor-to-ceiling folding windows that 200,000 square feet of creative office open out to new patios. Its penthouse space, while upgrading existing ground- unit will feature a double-height sloped level commercial space. ceiling retained from the original auditorium. Onni Group has signed WeWork to a 78,000 square-foot lease at the Omgivning is restoring the building’s Western Pacific Building, which is front facade to its original date - with expected to open this fall. some modern touches - in accordance with the Broadway Design Guidelines. Plans also call for the addition 939 Lofts, Image courtesy of Hunter Kerhart of rooftop amenity space for the property. 1320 S. MAIN ST. **UPDATE** The Singer Building’s ground-floor has Developer, Nepak Capital Property transformed into a flagship location Investment LLC, recently redeveloped for apparel retailer Vans, who is the 3-story industrial building at 1320 expected to open their doors this fall. S. Main St. The top two floors of the The property sits next-door to the building were converted into four joint Tower Theatre, which is currently being live/work apartments, while retaining transformed into an Apple retail store. the existing retail space on the ground. Western Pacific Building at 1023 S. Broadway 939 S. BROADWAY **UPDATE** Developer and longtime Downtown landlord, Barry Shy, spent the last 3 year converting the historic Western Costume Building, a 12-story building at 939 S. Broadway, into 151 condominiums, called 939 Lofts. Rendering of the Singer Building via Omgivning Tenants, Zinque and Hex, both opened 1320 S. Main Street FASHIONDISTRICT.ORG | 213.488.1153
TREND REPORT The Griffin & The Grace, Hunter Kerhart Architectural Photography THE GRIFFIN & GRACE in the Downtown of the 1920s, both have a modern appearance on the APARTMENT TOWERS **UPDATE** towers draw upon the historic context upper floors. of the neighborhood for their lower Construction wrapped up and Urban Lime Real Estate recently levels. The Griffin employs an exterior leasing began for the pair of 24-story announced that award-winning of metal and cast stone -- a nod to apartment towers on Spring Street restaurant, True Food Kitchen, will be the Historic Core -- while The Grace toward the end of 2018. opening a location in the ground floor features a woven-fabric pattern in restaurant space at The Griffin. The Griffin and The Grace, both reference to the Fashion District. Both located at the intersection of 8th & The Griffin viewed from 8th Street, Hunter Kerhart Photography Spring Street, were developed by Holland Partner Group. The Griffin, located on the northwest corner of the intersection, features 275 studio, 1, 2, and 3-bedroom apartments above 9,000 square feet of ground- floor retail space. The Grace, located on the northeast corner of the intersection, contains 300 dwellings with 7,500 square feet of ground floor retail space. Alluding the 150-foot street wall seen TREND REPORT
Q2 | 2019 Los Angeles SE Barker Block 312 AT 500 California 331 Biddy 300 Downtown 325 Cold Storage O Phase II BOYD ST 326 349 N 01 Plaza Angels 337 Mason Park Women’s 310 ST 12 40 400 Knoll 341 Center 330 345 405 411 427 501 Barker 0 Boyd S Beacon Block 350 on Hill 353 350 Banco Hotel Medallion 372 311 325 Seaton & Fifth Grand Popular Barclay 4TH ST LACI TOY FASHION 355 356 Lofts & Retail Building U/C 400 S 405 4TH ST San 396 DISTRICT 334 Little 408 Los Angeles Junipero Continental 401 400S Serra Fernando 234 Tokyo Cold Storage Bldg 414 DEVELOPMENT MAP State Fourth & Hellman Building 400 Lofts Metro 417 DISTRICT PERSHING SQUARE 419 Spring 423 El Dorado Bldg Broadway ST Bldg 417 Clark Hotel Downtown H Jeffries 413 5T 415 414 4TH PL Hotel Spring St 416 Women’s U/C 421 Judson Insurance Cardinal Center Catch Department of Building Park 424 422 Manning 425 Cowan 241 E 21 Water & Power WERDIN PL 425 300 328 443 AT&T Center Safe Harbor Substation Broadway OLD BANK DISTRICT Regent 122 Harbor Light 450 WINSTON ST Park Fifth 431 601 Lofts & GALLERY ROW 445 New Panama Brownstone Factory Place 443 256 LA Harold 5TH ST Lofts Pershing Metropolitan Spring Rowan Rosslyn Genesis Historic 241 Mission Title Chester Arts 447 Emmanuel ST GLADYS AVE TOWNE AVE STANFORD AVE Sq Bldg 444 CROCKER ST Lofts Lofts SAN JU Fire Stn 233 O 500 S Guarantee Williams 105 121 Baptist 704 TT 507 E Development 5TH ST Southern Church M CERES AVE San L Site Jewelry Rosslyn New Los Young’s PA PL LIAN ST Security 501 Angeles Florence Julian RY LINDLEY PL SB Hotel Pershing 5th & LA Market Co 500 S Trades Park 514 Fisherman’s O CT 50 Grand Alexandria 510 Apts Roma Wholesale Police Simone Cobb 0 Outlet FA S 510 Dept Ward Russ Leonide Plaza 519 Roxie Dev Los Angeles 520 Union Pershing Site Cameo 525 Theatre Center Sanborn Downtown Leo Rescue Transition Square 529 Arcade Spring Mental Central Haskell Mission House SEAFOOD DISTRICT MAPLE AVE HISTORIC International 533 528 Division Jewelry Ctr Health Lincoln FASHION DISTRICT PROJECTS 537 Spring Arcade Palmer Las Building CORE 542 6th & CENTRAL CITY EAST Americas 550 523 543 559 Eugene ST 546 Los ST CE SB Para BROADWAY 546 Topaz DWP La Regal Rossmore H DU SB Angeles 421 315 Weingart 6T O 558 Manhattan 601 619 Los Ninos PR 559 Lofts Apartments Santa Fe Lofts Plaza Health Clinic Jolla 400 W 6TH ST 600 E 800 E 60 6TH ST PROPOSED 100 E 300 E 0 S 600 S 606 601 Story Hayward SB 606 626 CNB 526 412 607 Pacific Star Midnight Los Angeles Bldg Tower 600 SB Electric Apartments Development Site Mission 1 Main Street Park & Tower 5 So Cal Flower Market ST Oviatt Theatre 612 Stock Omega Lofts LE SA 619 625 621 618 Exchange 2 Mart South 6 City Market North Bus WILDE ST Metro LE MERCURY CT Premiere Main HO Palace Towers 623 LA Yard W 631 City Lofts Mercantile Drop-in JEWELRY Theater Banks Merchandise 636 Ballington Center 3 823 S Los Angeles 7 Broadway 1020 Lofts 635 Stay on DISTRICT 638 Spring Huntley Main Mart Plaza Rainbow ABC 4 Fashion District Residences Tower 1207 643 LA 644 Toys 650 SB SB 647 Gianinni Athletic Clifton’s 317 INDUSTRIAL ST St Vincent Sq Haas Bartlett Spring Main 653 Club KOHLER ST Place 401 652 Building 215 117 229 Yankee 519 656 8 4 7TH ST 200 E 401 400 E 611 701 UNDER 801 CONSTRUCTION New Terminal 1001 1107 1208 Skid Row Olympia Future Los Angeles Streetcar 700 S State 704 701 7TH ST Housing Mandel 712 410 701 706 Theater Van 7 122 Santee 700 E 1 Hoxton Hotel 6 Norton Building Produce Trust 700 S Lofts - 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Visit Urbanize.la and select the “Fashion District” neighborhood for the latest developmentWASHINGTON projects BOULEVARD CORRIDOR 1900 CENTRAL AVE in the district. 18TH ST 645 SAN PEDR O WALNUT ST VD TON BL WASHING De Capo 1830 2OTH ST ADAIR ST UE LINE FASHIONDISTRICT.ORG | 213.488.1153 1810 STANFO SAN PE ME TRO BL MAPLE 1903 SANTEE 20TH ST LOS AN RD DRO ST 233 1901 Washington Plaza ST AVE ST GELES RAND GR 21ST ST
LA FASHION DISTRICT TREND REPORT 818 S. Broadway, #801 Los Angeles, CA 90014 Return Service Requested IN THIS ISSUE TRANSFORMING THE FASHION DISTRICT...A DEVELOPMENT UPDATE In this report, we give an update on the new and upcoming development projects that are transforming the LA Fashion District. MORE RESIDENTS IN THE LA FASHION DISTRICT By 2020, the Fashion District is expected to have more than doubled in residents in just 4 years, with an estimated 4,000 residential units (or 6,400 residents). WWW.FASHIONDISTRICT.ORG
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