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Local developers Urban Offerings, in partnership with ESI Ventures, is expanding its vision for a creative office campus in Downtown Los Angeles.

Last week, George Smith Partners and Dekel Capital announced a $122-million loan to facilitate the construction a 250,000-square-foot office campus in the Fashion District.  The project includes the Norton Building, a five-story structure located at 755 S. Los Angeles Street, as well as the Dearden's Building, a four-story edifice at 7th and Main Streets that operated as a department store until last year.

Both structures date to the early 20th century, and offer larger floor plates and high ceilings that cater to creative tenants.  The surrounding neighborhood, which is already seeing a gradual influx of multifamily residential development, currently has a dearth of Class-A creative office space.

Renderings show that the Norton Building with a new rooftop penthouse structure which opens onto a landscaped outdoor deck.  Likewise, the Dearden Building is shown with restored windows and a transparent ground plane.

Design work for 755 S. Los Angeles Street comes from New York-based Lynch Eisinger Design Architects, while the Deardens Building is being designed by Downtown-based Omgivning.

Rendering of the Deardens Building via Omgivning
The Norton Building via Lynch Eisinger Design Architects
The Norton Building via Lynch Eisinger Design Architects
Office space at The Norton Building via Lynch Eisinger Design Architects
Rooftop view at The Norton Building via Lynch Eisinger Design Architects

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Mixed-Use Development Planned Near Laguna Niguel Metrolink Station

The project is part of the city's Gateway District.
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The Laguna Niguel Planning Commission has approved a mixed-use development near the city's Metrolink Station.  The joint venture between Blackwood Real Estate and Walbern, located near the intersection of Crown Valley Parkway and Forbes Road, will consist of 100 two- and three-bedroom apartments in a seven-story building.  Plans also call for 2,700 square feet of ground-floor retail space, as well as a pool courtyard, a fitness center, a private garden, and a sky deck.