Core Spaces, an Austin- and Chicago-based real estate development firm, has filed plans with the City of Los Angeles to construct a mixed-use project near Exposition Park and USC.

The project, located at the southeast corner of 38th and Figueroa Streets, would replace a small commercial building and a four-unit apartment complex with a larger seven-story edifice.  Plans call for 71 market rate and eight extremely-low-income units within the project, as well as 9,807 square feet of street-level commercial space.

Core's application requests development incentives through the Transit Oriented Communities program, including an increase in allowable height.

Additional details about the project are currently unclear.

The development site sits one block north of the 4.4-acre property where an Orange County developer is pursuing a multi-building project known as The Fig.  West across Figueroa, LAFC recently debuted its $350-million Banc of California Stadium.

3800 S. Figueroa Street. Image via Google Maps.
3800 S. Figueroa Street. Image via Google Maps.

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Checking in on the Slow-Moving 1133 Hope Condo Tower

The 28-story tower broke ground in March 2017.

Slowly but surely, the concrete frame of 1133 Hope Street rises in South Park. The 28-story tower, located just east of Metro's Pico Station, will feature 200 residential units above 5,000 square feet of ground-floor retail uses and a parking podium upon completion.  Plans for the mixed-use project dated back to 2005, when the Canadian development firm Amacon initially submitted plans for a 35-story building on the site.