After ten years, one of City West's most conspicuous parking lots is slated to give way for a mixed-use complex.

Amidi Group, a Redwood-based real estate and development firm, is preparing to break ground on the long-awaited expansion of TenTen Wilshire.  The project would consist of a nine-story building at 1027 Wilshire Boulevard, replacing a 37,000-square-foot parking lot with 376 live/work apartments, commercial space, and amenities.

The $180-million project, originally proposed in 2006 as a 52-story tower, was put on hold following the global financial crisis.  Amidi later revived the development as the more modest mid-rise edifice reflected in the current plan.

El Segundo-based Bijan & Associates is designing the 1027 Wilshire, which will feature amenities such as a rooftop pool deck, a fitness center, a theater room and an 800-car parking garage.

Completion is anticipated in 2020.

The original TenTen Wilshire, which opened across the street in 2007, repurposed the former 16-story headquarters of the Signal Oil Company as rental housing.

Image via Bijan & Associates
Image via Google Maps

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Urban Marketplace 2018 Event Offers Investment & Development Opportunities

ULI Los Angeles Presents Experts and Dealmakers Demonstrating How to Redevelop and Revitalize Neighborhoods

LOS ANGELES, Calif. – Leading experts in urban development will offer ideas and opportunities at the 18th annual Urban Marketplace. The interactive conference and forum by ULI Los Angeles, a District Council of the Urban Land Institute (ULI), is Wednesday, March 28, 2018, 7:30 a.m.