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This Tuesday, Fairfield Residential and Legendary Development will officially break ground on 950 E. Third Street, a large residential-retail complex in the Arts District.

The project, slated for a six-acre lot adjacent to the Southern California Institute of Architecture, will consist of multiple low-rise buildings featuring 472 studio, one- and two-bedroom flat and loft apartments above 22,000 square feet of ground-level retail space.  Amenities will include a social lounge, a dog wash and play yard, a swimming pool, a courtyard and a rooftop deck

Designs from Kava Massih Architects take inspiration from the surrounding neighborhood, incorporating industrial-themed exterior finishes and mid-century modern stylings.  Interior spaces, designed by House of Honey of Pasadena, will feature natural wood finishes and local art.

The Downtown News reports that the project is budgeted at $215 million.

Partial completion of the development is expected by December 2017.  Initial site preparation is already underway.

Image via Millender White