This week, the Downtown Los Angeles Neighborhood Council's Planning and Land Use Committee will review developer Heart Olive's proposed 29-story tower in the Financial District.

The project, which was announced in late 2016, would create 205 apartments, 268 parking spaces and approximately 2,400 square feet of retail space on what is now a parking lot at 845 S. Olive Street.  Plans call for a mixture of studio, one- and two-bedroom dwellings, as well as communal amenities.

Downtown architecture firm Togawa Smith Martin is designing the narrow 350-foot tower, which would be clad with materials including glass and metal panels.  Seven levels of above-grade parking would comprise the bulk of the building's podium, but would be obscured by residential units along Grand Avenue and Olive Street.

The proposed tower would rise along a corridor filled with new high-rise developments, including Onni Group's LEVEL and Carmel Partners' Atelier.

Across the street, Onni is building a second 49-story tower.

Image via Togawa Smith Martin
Image via Togawa Smith Martin
Image via Togawa Smith Martin
Image via Togawa Smith Martin
Image via Google Maps

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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.