After four years of quiet, Mack Real Estate Development is once again moving forward with plans for a pair of high-rise apartment towers at the intersection of 11th and Olive Streets in Downtown Los Angeles.
This week, the Los Angeles Department of City Planning published a sustainable communities environmental assessment for the two proposed buildings, both of which would replace surface parking lots with more than 1,200 homes.
Site 2, the smaller of the two towers, would rise at 1105-1123 S. Olive Street and consist of a 51-story building featuring 536 studio, one-, two-, and three-bedroom homes above 4,178 square feet of ground-floor commercial space. The 603-foot-tall building would also include parking for 581 vehicles in a four-level podium and six subterranean levels.
View of Site 2 at 1105-1123 S. Olive Street CallisonRTKL
Across the street at 1100-1130 S. Olive Street, Site 3 would yield a taller 60-story tower 713 additional residential units above 11,277 square feet of ground-floor commercial space, with parking for 764 vehicles located in a four-level podium with six below-grade levels. At 678 feet in height, it would rank as the 12th tallest building in the City of Los Angeles if completed today.
Both towers are being designed by CallisonRTKL, and are depicted in plans with amenity decks at the podium and rooftop levels.
Pending city approvals and permits, including a conditional use permit for alcohol sales and a transfer of floor area rights, construction is expected to commence first on Site 2, with completion within 30 months of groundbreaking. Work on Site 3 would commence afterward, and be completed over a similar time frame.
Site 2 and Site 3Google Maps
The proposed towers are the largest components of a larger plan for the surrounding blocks started a decade ago back Mack Real Estate and AECOM, which includes the 362-unit Wren apartments on Pico Boulevard, the 38-story Aven tower on Grand Avenue, and a new pocket park. A third building - a 16-story hotel tower - is approved to replace a parking lot at 12th and Olive Streets.
The projects are one of a handful of high-rise developments in the works for the surrounding blocks, including the a 70-story, ODA-designed building proposed by Crescent Heights and a hotel planned by AEG.
One project that will not be joining the 11th Street corridor is a redwood-inspired high-rise at 11th and Hill Streets, which recently saw its entitlement application terminated after multiple years of inactivity.
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