After signing seven new tenants, the Ratkovich Company has announced that more than 300,000 square feet of office space has been leased at the Bloc in Downtown Los Angeles.

The 33-story building at 700 S. Flower Street is already host to a variety of technology and design firms, such as DLR Group, HauteLook, Studio One Eleven and Golin.  The latest additions to its roster include KPFF, Placeworks, Krug Furnite, One Medical, MediaAlpha, Arc Capital Partners and Mance Media.

In a released statement, CBRE Vice President Chris Penrose noted that the Bloc has accounted for 13 percent of all the Class A office space asborbed in the Downtown market over the past three quarters.

Beneath the office tower, work is also proceeding on a new pedestrian tunnel which will link the Bloc to the adjacent 7th Street/Metro Center Station. The station, which is the busiest in the Metro Rail network, serves more than 200,000 passengers per day on light rail and subway lines.

Ratkovich launched construction at the Bloc in 2014, transforming the once fortress-like Macy's Plaza into an open-air mixed-use complex anchored by a Sheraton Hotel, a Macy's department store and an Alamo Drafthouse Cinema.

Rendering of the Bloc from 7th and Flower Street (Image: Studio 111)

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LOHA-Designed Houses Coming to Franklin Village

Five small lot homes to rise north of the 101 Freeway.

Work is getting underway for a new set of small lot houses near Franklin Village in Hollywood, according to a representative of developer ROM Investments.

The project, located at 1826 Canyon Drive, will consist of five single-family residences, each featuring two bedrooms, 2.5-bathrooms, rooftop decks, and two-car garages.