As reported by the LA Times this morning, the long stalled "Mega Toys," development is finally getting underway in the Arts District. The $100 million project from Lowe Enterprises includes 320 residential units over ground floor retail, set to come online in 2015.
The re-development of the Mega Toys warehouse joins two other upcoming mixed-use developments on the Arts District's northern edge: the 439-unit One Santa Fe and Legendary Development's 472-unit project adjacent to SCI-ARC.
- Two Vacant LA Warehouses to be Replaced with Mixed-Use Complex (Los Angeles Times)
- One Santa Fe Inches Forward (Building Los Angeles)
- Major Apartment Complex Planned in Arts District (LA Downtown News)