Friday, July 19th, 2019

By Dino Buiatti
L.A. Realtor | @DTLADino | 213-270-5613 | [email protected] | BRE# 01909958

New DTLA Listings This Week

Please see our update on new DTLA listings this week. There are 15 new listings this week ranging from $433,000 to $1,733,000.

See the all NEW listings at happeningindtla.com.

New Condo Listings In Map View

Contractor Suing Metropolis for $9.8M

According to Curbed LA, contracting firm Webcor is suing the Metropolis. Meanwhile, they are also embroiled in a lawsuit against Oceanwide, the other delayed Mega South Park project.

Metropolis Being Sued

California Rent Control Bill Advancing

Curbed Reports that AB1482 which could expand rent control in California, is advancing in the Senate and now includes a “Just Cause” eviction provision. Just cause means landlords must have cause to evict.

Statewide Rent Control Progressing

Demolition Of Parker Center Complete

Urbanize LA reports the above-ground demolition of the LAPD’s former home is complete. A 27-Story office building will replace the now empty lot.

Future Replacement for Parker Center

Griffin & Grace On Spring Sold

The Real Deal is reporting the Holland Partner Group has sold both Fashion District apartments the Grace ($203.5M) and Griffin ($199.6M) apartments on Spring Street. Each building is 24-Stories and together hold a combined 575 units.

Grace & Griffin Apartments on Spring Street Sold

Skid Row Zoned Strictly For Affordable Housing?

Curbed is reporting that some advocates want to zone skid row only for affordable housing.

Skid Row To Be Zoned Only For Affordable Housing?

See Last Weeks Report

Updates from July 12th…..

The Slender Spring Street Hotel To Begin Construction

Friday, July 19th, 2019

By Dino Buiatti
L.A. Realtor | @DTLADino | 213-270-5613 | [email protected] | BRE# 01909958

This week (July 12th – July 19th) there are 15 new condos for sale downtown.

 

The listings range from $430,000 to $1,733,000. 

New South Park Listing

Please see a breakdown by the DTLA district below.

ARTS DISTRICT

There are four new listings in the Arts District ranging from $685,000 to $1,149,000.

BUNKER HILL

There are no new listings in Bunker Hill this week.

CENTRAL CITY WEST

There are two new listings in Central City West this week. The units are $699,000 & $868,000 respectively.

2-Bed/2-Bath, 1,280 Sqft. Central Cit West

FINANCIAL DISTRICT

There are no new listings in the Financial District this week.

HISTORIC CORE

There are two new listings in the Historic Core this week: $430,000 & $534,000.

1-Bed/1-Bath, 800 Sqft. Historic Core

LITTLE TOKYO

There are no new listings in Little Tokyo this week.

SOUTH PARK

In South Park this week, there were seven new listings ranging from $554,000 to $1,733,000.

2-Bed/1-Bath, 1,227 Sqft. South Park

DTLA Listings In Map View

See all 15 NEW DTLA listings in Map View.

New Condo Listings In Map View

See Last Weeks New DTLA Listings

New Listings from week ending July 12th…..

Historic Core Condo

V DTLA

Original Article Created By Farley Elliott For LA EATER

Things could be getting wild soon in Downtown, thanks to the new V DTLA. The upcoming all-day restaurant on 7th Street is leaning into technology to turn tables faster and engage guests inside the restaurant, and may even offer a multi-sensory dining experience complete with “scent strategy” and sound engineering when all is said and done.

V DTLA comes to Los Angeles by way of Stockholm, Sweden. The company’s founders include Benjamin Callejas of Livit, who for years has been building tech-forward restaurant and retail spaces aimed at not only bringing in customers, but swinging them back through the doors in record time without them noticing. Here’s Callejas speaking in Europe on using design and technology to drive sales, and it seems he’ll be taking at least a few keys from this speech and implementing them in Downtown LA.

Among those details is a new digitally-operated pizza oven that customers can partially control when crafting their order. The space will also allow for basic menu items beyond pizza, like salads and share plates, in addition to both daytime and nighttime drinks. Vagabond Coffee out of Florida will provide the morning coffee.

A nascent website for V DTLA notes an opening as soon as August, though that seems a bit ambitious. The company is also simultaneously putting together a second restaurant in Sweden, which is also slated for this fall. Meanwhile, options like Two Bit Circus in the Arts District and the eventual opening of Salt Bae’s first standalone Los Angeles restaurant show that the confluence of tech, theatrics, and food continues to be on the rise both locally and abroad. After all, LA is still the home of Vespertine.

V DTLA. 515 W. 7th St., Los Angeles, CA.

Original Article Created By Farley Elliott For LA EATER

Original Article Created By Sid Garcia For ABC 7

Downtown L.A.’s Skid Row has nearly 4,800 homeless residents, living in an area of about half a square mile, encompassing 50 city blocks.

The Los Angeles Planning Department is mapping out a 20-year plan for future development of the area, known as DTLA 2040.

The plan for Skid Row calls for rezoning the area to allow the development of more supportive or affordable housing. That’s not set in stone as the plan is a work in progress.

But Skid Row advocates are concerned. They fear the plan will shrink the area available to the homeless even as their population continues to grow.

They say the city needs to focus first on providing more housing for the homeless.

The city Planning Department estimates that over the next 20 years, downtown will add some 125,000 residents, 70,000 housing units and create 55,000 jobs.

Advocates say future plans would allow developers to build luxury apartments instead of affordable housing in this area.

“Although luxury apartments provide housing for some, they are completely inaccessible to the Skid Row community,” said advocate Craig Roberts.

Los Angeles City Attorney Mike Feuer says dealing with the homeless in future years is a citywide issue that needs to be dealt with now.

“The concentration of homelessness on Skid Row is one issue that we have to be grappling with very seriously,” Feuer said. “The pervasiveness of the issue throughout our city requires every one of us to step up.”

Original Article Created By Sid Garcia For ABC 7

PetPOP, a new museum experience in Los Angeles, is taking your love of your furry friends to the next level.

The new downtown LA museum features life-size interactives and Instagram-worthy rooms.

It’s open until Sept. 31, 2019.

Original Article Created By Char’Nese Turner For NBC 4 Los Angeles

DLTA NEWSPetPOP Museum open to the public in Downtown Los Angeles.

Pet POP DTLAPetflix and chill lounge at the PetPOP Museum. Pet POP DTLAhuman-sized hamster wheel at the PetPOP Museum. Pet POP DTLACatchella at the PetPOP Museum. Pet POP DTLADirty Birdie bath at the PetPOP Museum. Pet POP DTLA Wall of pets at the PetPOP Museum. Pet POP DTLALife-sized pineapple and wall of fish tanks at the PetPOP Museum. Pet POP DTLADalmatian room at the PetPOP Museum. Pet POP DTLAGood boy signage at the PetPOP Museum. Pet POP DTLAGift shop at the PetPOP Museum.

Original Article Created By Char’Nese Turner For NBC 4 Los Angeles


Original Article Created By CBS Los Angeles

A drone landed on an office building Wednesday in downtown Los Angeles.

LAPD was on the scene in the 1000 block of W. 7th Street around 10:30 a.m., and a bomb squad was called out.

Police could not confirm reports that the drone was carrying fireworks.

SKY2 was over the scene but was unable to locate the drone.

Healthcare company L.A. Care, one of the tenants at the 1055 W. 7th location, tweeted that their operations were not affected after an “unidentified drone” was found on the building’s roof.

Original Article Created By CBS Los Angeles

Friday, July 16th, 2019

By DTLADino
L.A. Realtor | 213-270-5613 | [email protected] | BRE# 01909958

Barker Block Lofts

MLS: 530 S Hewitt St #128 Los Angeles, CA 90013

 

2-Beds / 2-Baths
2,360 Sqft.

Massive multi-level 2 bed + 2 bath loft in the heart of the Arts District.

True Live/Work space offers over 2,300 Sqft. Unit #128 features include original hardwood floors, exposed wood beams, spacious master suite with a lounge area, laundry in unit, 2 side by side parking spaces.

Open/flexible floor plan leads out to a private enclosed patio. Located inside the renowned Barker Block Lofts, renovations under way for top of the line resort-inspired amenities that include a rooftop deck with panoramic views of DTLA, pool, a spa, huge fitness center & fire-pit.

At an arms reach away from all the city’s best restaurants, bars, boutiques and Museums, as well as Metro and light rail transportation. Bestia, Bavel, Zinc Cafe, Blue Bottle Roasters, Hauser Wirth and Schimmel gallery, Wurstkuche, Little Tokyo, the upcoming Soho House and highly anticipated At Mateo development.

Friday, July 12th, 2019

By DTLADino

New DTLA Listings This Week

Please see our update on new DTLA listings this week. There are 22 new listings this week ranging from $399,000 to $1,980,000.

See the all NEW listings at happeningindtla.com.

Map view

Soho House DTLA Opens Next Month

According to Curbed LA, the Soho House DTLA is set to open next month in August.

Soho House DTLA Opening In August

Spring Street Hotel To Begin Construction Next Year

Urbanize LA is reporting that construction will begin on the 28-Story Spring Street Hotel next year. The $75-million Hotel will feature 170 guest rooms, 20 suites, ground-floor restaurant space, fitness club, and a multi-level rooftop bar and pool.

The Slender Spring Street Hotel – 633 S. Spring

Union Plaza Renovation In The Works

Connect California is reporting the beginning of a $20 Million renovation project on the historic plaza at 4th and Figueroa. Competitive community features will be added, including re-imagined two-story retail level, modern outdoor seating area with fire pits and much more.

Work is to be completed in 2020.

Renovation Of Union Bank Plaza

Friday, July 12th, 2019

By DTLADino

This week (July 5th – July 12th) there are 22 new condos for sale downtown.

 

The listings range from $399,000 to $1,980,000. 

2-Bed/2-Bath. South Park

Please see a breakdown by the DTLA district below.

ARTS DISTRICT

There is one new listings in the Arts District this week. A 2-Bed/2-Bath with 1,430 Sqft.

BUNKER HILL

There is one new listing in Bunker Hill this week. A 1-Bath studio listed at $399,000.

Bunker Hill Studio for sale

CENTRAL CITY WEST

There are two new listings in Central City West this week. Both units are at Vero.

Vero Condo for sale

FINANCIAL DISTRICT

There are no new listings in the Financial District this week.

HISTORIC CORE

There are four new listings in the Historic Core this week; all at the Rowan lofts.

Historic Core Condo

LITTLE TOKYO

There are three new listings in Little Tokyo at Teramachi Homes; a 55+ condo community.

SOUTH PARK

In South Park this week, there were eleven new listings ranging from $554,000 to $1,980,000.

South Park Condo

DTLA Listings In Map View

See all 22 NEW DTLA listings in Map View.

Map view

DTLA NEWS

Original Article In Nicolas Slayton

When the Downtown Los Angeles Neighborhood Council holds its next full meeting this month, more than one-third of the faces around the table will be new. That’s because a recent election brought 11 first-time members to the fold.

On June 20, Downtown residents and workers voted for a slate of representatives to serve a two-year term on the volunteer community panel. The official count had not been released by press time, but a preliminary count from the City Clerk’s office’s the day after the election showed many current members were re-elected, including DLANC President Patti Berman.

A total of 42 people were on the ballot, wrangling for one of the 28 spots. Elections were open to people who live, work or own property within the council’s boundaries. The vote was organized by the city Department of Neighborhood Empowerment.

Like all neighborhood councils, DLANC lacks formal power, but developers and others with major deals proposed for the community often seek to earn support from the panels, knowing that they can reflect the sentiment of a neighborhood.

DLANC also has a number of committees, including ones for Planning and Land Use, Budget and Finance, and Livability.

Many members are elected to specific seats; for example, the Civic Center/Financial Core and Fashion District each have one resident representative, while the Historic Core and South Park have three. The board includes two area-wide representatives and two Center City East residents.

Speaking by phone to Los Angeles Downtown News last week, Berman said the new board, including the incoming members, are acutely aware that many local residents and workers have voiced concerns about issues of livability and public safety. That has frequently been vocalized at past meetings.

“Everyone understands how bad it’s getting, and we intend to be a voice for Downtown, but people need to understand we’re a neighborhood council, we don’t implement or make policy. We just make recommendations,” Berman said. “When you have a new board, there’s a big anticipation that someone’s brought a magic wand.”

The new board will meet on Tuesday, July 9, at the Palace Theatre (630 S. Broadway), where it will select five officers for the next term.

The full list of winners can be found at empowerla.org/elections.

Original Article In Nicolas Slayton

gget DTLA

Original Article By Nick Brown For Daily Coffee News

A coffee company that proudly boasts of its Los Angeles roots, Go Get Em Tiger opened this week right in the center of the city within the Row DTLA office and retail development.

The 1,090-square-foot shop with seating for 40 patrons inside and outside constitutes the sixth retail location established by the acclaimed barista-competitors-turned-entrepreneurs Kyle Glanville and Charles Babinski.

gget DTLA

While originally opening under the name G&B at the Grand Central Market — which is, incidentally, a stone’s throw in L.A. terms from the new location — all subsequent shops from the pair have come under the name Go Get Em Tiger, which also applies to the ambitious roasting operation launched in Vernon under the GGET name last year.

At the center of the new shop is a bright pink La Marzocco Linea PB, which makes possible staple espresso-based offerings such as cappuccino and mocha, while also supporting the pleasure end of the “Business & Pleasure,” a flight with a shot of espressm, a “Fizzy Hoppy Tea” and an almond macadamia latte. Batch brews, iced coffees, house-made chai and teas are among the other drink offerings.

gget DTLA

The shop also expands on the GGET food menu, offering all-day breakfast items such as “Crispy Polenta with Egg, Bacon and Kale” and the “Yeast Raised Waffle with Stone Fruit, Ricotta and Honey,” as well as 11 a.m. to 2 p.m. lunch items such as the “Charred Eggplant Sandwich with Squash and Chimichurri on Focaccia” and the “Salmon Salad with Butter lettuce, roasted broccoli, carrot and dijon vinaigrette.”

Additionally, GGET is for the first time offering a classic burger, which in this case includes caper aoli, dill pickles and American cheese on a “real good bun.”

gget DTLA

Looking beyond their stomachs, patrons might notice a wall-size portrait of vintage Los Angeles. Sourced from the Library of Congress, the black-and-white photo was taken in July of 1965 on 35-millimeter film by photojournalist Thomas O’Halloran. The image includes a playful overlay of cats and mice designed by GGET, which extends the shop’s overall bright and lively aesthetic established by the colorful pendant lighting and white oak tables, seating and retail racks.

gget DTLA

Original Article By Nick Brown For Daily Coffee News

DTLA NEWS

 

Original Article By Chava Gourarie For Commercial Observer

The city’s updated plan for Downtown Los Angeles would open Skid Row to development of both affordable and market-rate housing. 

Advocates are concerned that the rezoning would bring a wave of development that would harm the area’s current residents and its population of over 4,000 homeless people. 

While the core of Skid Row would be zoned only for affordable housing, the outer sections would be open to market-rate housing and developers could choose to build over the zoning limits by including affordable housing and other community benefits. 

The city’s plan, known as DTLA 2040, was released on Tuesday, and lays out a roadmap for adding an additional 70,000 housing units in the city by 2040, and doubles the amount of space available for residential development. It will also aim to add 55,000 jobs during the same time. 

Currently, the majority of Skid Row is zoned for light manufacturing, with its eastern half zoned for commercial and residential use. In the downtown area overall, 33 percent is open to residential development.

The need for additional affordable housing in the Downtown area is acute. According to the first quarter report from the Downtown Center Business Improvement District, there were 282 new affordable units under construction, and 1,848 in the pipeline, just five percent of all proposed housing units. In contrast, there are over 27,000 market-rate units under construction or in the pipeline, which will double the existing market-rate housing stock.

“Land use planning should focus on serving the needs of existing residents,” a report by the Inner City Law Center, which services the Skid Row community, concluded last year. “They should be the primary beneficiaries of any redevelopment plans for their community.”

Jerry Jones, the center’s policy director told the Los Angeles Times that the updated plan leaves too much of the neighborhood open to luxury development. 

Original Article By Chava Gourarie For Commercial Observer

DTLA NEWS

Original Article By  Fox 11 News

An elderly man is in critical condition after being assaulted by an unknown person in Downtown Los Angeles.

The attack happened Tuesday afternoon on the 400 block of E. Temple Street.

According to police the suspect walked next to the 70-year-old victim and knocked him to the ground and hit his head against the pavement.

The victim was taken to the hospital with severe injuries. Police say the suspect is a man between the ages of 20 to 30.

The Los Angeles Department of Water and Power tells us this attack happened for “no apparent reason”.

In a statement released Wednesday they said “Managers and colleagues met with his family at the hospital and have been with them throughout the day today and they have expressed concern and support on behalf of our entire LADWP family.”

The name of the employee has not yet been released.

Anyone with any information on the attack is urged to contact the police department.

Original Article By  Fox 11 News

 

Bradbury DTLA

 

Original Article By Los Angeles Downtown News

Yet another co-working firm is expanding into Downtown Los Angeles. Neuehouse, a private club and workspace, has inked a deal to occupy 25,000 square feet of space in the historic Bradbury Building at 304 S. Broadway. The lease calls for taking over the entire second floor of the 1893 building known for appearances in films including Blade Runner and (500) Days of Summer.

Plans call for holding conference rooms, a cafe, a gallery, private offices and a “meditation nap room.” The Neuehouse location is expected to open in November, according to the company. Neuehouse bills itself as catering to entrepreneurs.

The Downtown space will be Nuehouse’s second Los Angeles location; the other is in Hollywood.

Original Article By Los Angeles Downtown News

Friday, July 5th, 2019

By DTLADino

New DTLA Listings This Week

Please see our update on new DTLA listings this week. There are 15 new listings this week ranging from $377,000 to $1,975,000.

See the all NEW listings at happeningindtla.com.

NEW DTLA Condo Listings

Foundation Poured At Frank Gehry Tower

Last weekend, Curbed is reporting the completion of a 15-hour foundation pour at the mixed-use development; which marks the beginning of vertical construction. Taking up a full block east of Walt Disney Hall, it will ultimately hold shops, restaurants, a movie theatre and Equinox Hotel.

Frank Gehry foundation poured.

New LA AIRBNB Rules In Effect

Originally passed in May 2018, Curbed reports the new AirBnb rules went into effect July 1st. Rule #1; the property must be the hosts primary place of residence. For more info, also see the city’s FAQ on the home sharing ordinance.

Los Angeles AirBnB Restrictions
New AirBnb Rules Go Into Effect

 

Library Court Condo For Sale

This two bedroom, two bath unit was re-imagined from the Los Angeles University Club in 2006. At 1330 sq. ft. the condo is spacious but the soaring ceiling makes it feel even larger!

LA Planning On Rezoning Skid Row

The Real Deal is reporting LA plans to allow for up to 100,000 market rate housing units by 2040. The draft plan will reach the LA City Council next year.

May 2019 DTLA Condo Sales

In May 2019, there were 24 condos sold in 19 buildings totaling $17,130,000.
The most sales were in South Park with six.

The highest DTLA sale was a 2-Bed/3-Bath with 1,320 Sqft. which sold for $1,185,000 on 5-28-2019 after 40 days on the market. Can you guess where ?

Get all the details & see the full report….

Highest Sale DTLA $$ – May 2019

Historic Biscuit Company Loft For Sale

MLS: 1850 INDUSTRIAL ST #406

 

Bright and charming unit at the historic Biscuit Company Lofts. An open spaced loft with exposed brick walls, original 1925 hardwood floors and soundproofed over-sized industrial windows.

Kitchen is complete with stainless steel appliances and Caesar-stone counter tops. Spacious bathroom with over-sized tub. Mills Act building gives the new owners substantial property tax savings. Unit 406 also includes one subterranean parking spot.

The building offers a fantastic lap pool and lounge area with outdoor shower and BBQ/fire pit, high-tech fitness center, dog walk and 24-hour doorman and concierge services.
Listing provided by Gil Saraf / Compass