The Los Angeles City Planning Commission is scheduled to review British real estate firm Est4te Four Capital's plan to redevelop the Arts District's Challenge Cream & Butter Building at its meeting next week.

The property, located at 929 E. 2nd Street, currently consists of a two-story warehouse with a basement level.  Est4te Four Capital proposed to add new floors atop the 1920s building, creating a seven-story mixed-use complex.  Proposed functions within the eventual 131-foot-tall building would include a food market, restaurant space, retail, artists studios, and a private club containing offices, a screening room, a gym, a swimming pool and event space.

wHY is designing the project, which will display a contemporary look above the facade of the historic building.  Renderings portray a boxy, steel-frame structure wrapped with large windows and outdoor decks.  The footprint of the project would also extend into a vacated freight rail right-of-way on the west side of the property.

The Los Angeles Planning Department's staff recommendation argues for the approval of the 2nd & Vignes development.  The report points to an 18-month construction timeline started in the third quarter of 2017 and finishing in early 2019, although it is unclear if that schedule remains accurate.

2nd & Vignes finds itself within a changing quarter of the Arts District, bordered on the west by the Garey Building and located north of similar developments at One Santa Fe and 950 E. 3rd Street.

Rendering by wHY
Rendering by wHY
Rendering by wHY
Rendering by wHY
Image via Google Maps

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This Week in Leases - June 23, 2018

Two advertising studios make moves in DTLA and Park Mile.

ROW DTLA, located at the border of the Arts District and Industrial District in Downtown Los Angeles, has announced that creative advertising studio WC+A has signed a lease for 12,000 square feet of office space at the complex.