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Developers Mack Urban and AECOM Capital have submitted revised plans for their proposed Downtown hotel to the City of Los Angeles for review.

The project, which would replace a surface parking lot at the northwest corner of 12th and Olive Streets, is now proposed as a 16-story building that would feature 243 guest rooms and 4,618 square feet of ground-level retail and restaurant uses.  The proposed 121,000-square-foot building would also include on-site parking for up to 65 vehicles.

A motion introduced earlier this month by Los Angeles City Councilmember Jose Huizar indicates that the development team is seeking financial incentives from the city to facilitate the hotel's construction.  Under the proposed arrangement, Mack Urban and AECOM would provide $150,000 to fund a study of their project's economic viability.  Past incentive packages granted to Downtown hotels have offered a partial rebate in the transient occupancy tax revenue generated by projects.

Lightstone Group's Fig + Pico development, with three hotels and more than 1,100 guest rooms, recently received such an incentive package.  AEG is also seeking similar benefits for a proposed expansion of the J.W. Marriott at L.A. Live, which was announced this month as part of a potential Convention Center modernization.

Mack Urban and AECOM's Downtown portfolio includes the WREN apartments, which opened last year, and the 37-story Aven tower now rising at 12th and Grand Avenue.  The companies filed plans earlier this month to construct a pair of skyline-altering residential towers just north of the hotel site at 11th and Olive Streets.

  • Another DTLA Hotel Developer Angles for Financial Assistance from City (Urbanize LA)
1155 S. Olive Street. Image courtesy of Hunter Kerhart Architectural Photography.
1155 S. Olive Street. Image via Google Maps.

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Four-Story Development Tops Out at 1st & Fairfax

The project includes 45 apartments and ground-floor retail space.
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The wood-and-concrete frame of a small mixed-use development near The Grove is now complete. The four-story development, which comes from local real estate firm Conroy Commercial, replaces an auto body repair shop at 1st Street and Fairfax Avenue.  City records indicate the building will feature 45 residential units atop 1,258 square feet of ground-floor commercial space above a basement parking garage. Ovalle Architects, a Long Beach-based firm, designed the contemporary low-rise structure.