With Danny's Tacos safely relocated to the opposite side of the street, it's time to bid farewell to the beloved surface parking lot at Olympic Boulevard and Grand Avenue. The arrival of construction fencing signals the start of work on the Hanover Company's latest South Park development. Set to rise seven stories, 1000 Grand Avenue will create 274 apartment units above 12,000 square feet of ground floor commercial space. Designed by TCA Architects, the facade of the low-rise building will feature bricks salvaged from Myron's Ballroom, an early 20th century structure which was demolished to make way for the new development. 1000 Grand is one of three South Park projects currently in the works from the Hanover Company, all of which are located along Olympic Boulevard. The Houston-based developer currently has a 281-unit apartment building under construction at the corner of Olympic and Hill Street, with plans for a 263-unit development on an adjacent parking lot. Like 1000 Grand, both projects were designed by TCA Architects. The Miami-based Lennar Corporation has also entered the mix, planning to break ground on a 201-unit building at Olympic and Olive Street later this year. Further east, local developers Geoff Palmer and Barry Shy have plans for mid-rise and high-rise buildings at Olympic's intersection with Broadway. While this stretch of Olympic Boulevard is currently a pedestrian dead zone, it looks like that may not be the case for much longer.
- 7 Story Mixed-Use Develoment Coming to Olympic and Grand (Building Los Angeles)
- Early 2014: Hanover Plans to Break Ground on 274-Unit Mixed-User in South Park (DTLA Rising)