Mitsui Fudosan, already in the planning stages for a one high-rise development in Downtown Los Angeles, is now proposing a second tower in the Financial District.
Earlier today, the American arm of the Japanese conglomerate filed plans with the City of Los Angeles to construct a 40-story building across the street from the Whole Foods Market at 8th Street and Grand Avenue. The project, which would also front Hope Streets, calls for a 467-foot building featuring 409 dwelling units above 7,329 square feet of ground-floor commercial space. A six-level, 487 car garage would be included in the proposed development, replacing an existing parking structure and an adjoining surface lot.
Mitsui Fudosan's other project - a similar 42-story development - is planned two blocks west at 8th and Figueroa Streets.