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Nearly two years after breaking ground, vertical construction continues for the Desmond on Wilshire, an upcoming multi-family residential complex on the famed Miracle Mile.

The project, designed by Architects Orange, replaces a former parking lot behind the iconic Desmond's Tower at 5500 Wilshire Boulevard.  The finished product will consist of a seven-story structure, featuring 175 apartments and three underground parking levels.  The low-rise building will offer a mixture of one- and two-bedroom units, accompanied by amenities such as a pool, a fitness center and a rooftop deck.

Construction on the $70 million development has fallen significantly behind schedule, with completion originally slated for this summer.  As of late June, construction has only progressed to the building's fifth story above ground level.

The Desmond is being developed by Associated Estates Realty, a national developer specializing in apartment communities.  Associated Estates' other Los Angeles assets include a proposed mixed-use development in Warner Center and a controversial residential-retail complex in the Arts District.  The Ohio-based corporation recently agreed to sell itself to an affiliate of Brookfield Asset Management in a $2.5 billion transaction.

For more information on the project, visit the Desmond on Wilshire's official website.

 

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Senior Affordable Housing Coming to Santa Monica

Three-story development planned on 14th Street.
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The Community Corporation of Santa Monica is pursuing the development of a new senior affordable housing complex just south of the 10 Freeway.

The proposed three-story edifice, slated for a 15,000-square-foot site at 1820 14th Street, would replace a series of smaller commercial buildings with 39 apartments reserved for low-income seniors.  Plans also call for a ground-floor community room, a laundry facility, a library, and one level of underground p