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The updated website of real estate firm Mitsui Fudosan America has published renderings for Eighth & Figueroa, a proposed residential-retail tower in Downtown Los Angeles.

The new images, unearthed by the blog LAOCDB, portray the high-rise development as a boxy glass tower protruding from a four-level podium.  The 43-story building, named for its location at 8th and Figueroa Streets, would feature 436 residential units, an outdoor amenity deck, 11,000 square feet of street-fronting commercial space, and parking accommodations for 460 vehicles and 400 bicycles.

MFA has counted the one-acre property at 732 S. Figueroa Street amongst its real estate portfolio for nearly three decades, and previously attempted to develop it into a high-rise hotel during the early 1990s.

The company controls an additional property on 8th Street between Hope Street and Grand Avenue, which is also slated for a residential tower.

Eighth & Figueroa (Image via MFA)
Image via Google Maps

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Construction Finally Underway at 5750 Hollywood

Wood Partners has acquired a mixed-use development site near the Hollywood Freeway.
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Atlanta-based developer Wood Partners has broken ground for a residential-retail development near the Red Line's Hollywood/Western Station.

The project, located at 5750 Hollywood Boulevard, will consist of a seven-story structure featuring 161 apartments, 5,700 square feet of ground-floor retail space, and basement parking for 271 vehicles.  Plans call for a mix of studio, one- and two-bedroom units, including 14 apartments reserved as low-income housing.