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Yesterday, FMB Development held an official groundbreaking ceremony for a new mixed-use complex near the L.A. Live complex in South Park.

The property, located at 1317 S. Hope Street, will yield a seven-story building featuring 38 apartments - including six units of very low income housing - above 4,000 square feet of ground-floor retail space.  Plans call for studio and one-bedroom units, as well as two penthouse apartments, complemented by amenities such as a rooftop deck.

DE Architects designed the contemporary podium-type building, which renderings portray in a contemporary style.

Jade Enterprises is already in the midst of construction on the Onyx apartments across the street.

Image via FMB Development
Image via FMB Development
Image via FMB Development
Image via FMB Development
Image via FMB Development
Image via FMB Development
Image via FMB Development

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