A longtime surface parking lot in the Historic Core is slated to make way for a new hotel, according to a filing with the Los Angeles Department of City Planning.

The proposed development, slated for the northwest corner of 4th and Spring Streets, would feature 315 guest rooms and meeting space.  Parking for the mixed-use building would be located in an adjacent parking garage, according to a project description.

The corner of 4th and Spring has already seen major changes within the past year, as work has kicked off for the revival of historic neighbors such as the Banco Popular Building and the Title Insurance Building.

A short distance south, a similar boutique hotel is proposed for a narrow parking lot at 633 S. Spring Street.  To the west, towers are proposed at 4th Street's intersections with Broadway and Hill Street.

Image via Google Maps
Image via Google Maps

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Senior Affordable Housing Opens Near Orange County's Great Park

The two-building development features 157 apartments.

Developers Related California and FivePoint have opened a new affordable housing complex near Irvine's Great Park.  The project, called Luxaira, features 157 residential units catering to low-income seniors.  It is the second senior affordable development to be built in the Great Park neighborhoods by Related, FivePoint, and collaborator RCC Charitage.  To date, more than 500 affordable housing units have been built around the park in four separate projects.