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Construction has wrapped up for the $80-million At Mateo development, the latest in a stream of office developments in Downtown's Arts District.

The project, developed as a joint venture between ASB Real Estate Investments and Blatteis & Schnur Incorporated, consists of multiple low-rise buildings featuring commercial offices above shops and restaurants, as well as an adjoining 540-car parking structure.

When first proposed, At Mateo was imagined as an open-air retail center, featuring 125,000 square feet of space for shops and restaurants and just 50,000 square feet of offices.  However, after signing a 29,000-square-foot lease with Soylent earlier this year, the Real Deal reported that the project had been reconfigured with a greater emphasis on office space, citing sources at the project's leasing agent, Cushman & Wakefield.

An official website now advertises approximately 100,000 square feet of office space available.

 

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125-Unit Affordable Housing Development Completed in Westlake

LINC Housing Corp. built the $57-million project.
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LINC Housing has completed construction of Mosaic Gardens at Westlake, a new affordable housing community located just west of Downtown Los Angeles.

The $57-million development rose from a long-vacant lot at the corner of Beverly Boulevard and Lucas Avenue, and consists of a six-story building featuring 125 one-, two-, and three-bedroom apartments serving the formerly homeless, low-income families, and seniors.  Rents in the building are set between $398 and