Nearly three years after breaking ground at the intersection of Olympic Boulevard and Broadway, developer G.H. Palmer Associates is nearing the finish line on a two-building mixed-use complex.

Broadway Palace, designed by Oakes Architects, will feature nearly 680 apartments and over 50,000 square feet of ground-floor commercial space on opposite sides of Olympic commercial space when completed.  A first phase of the development - a six-story building on the south side of the street - began move-ins earlier this year.

The second phase of the project, located on the north side of the intersection, is highlighted by a 10-story building directly across the street from the popular Ace Hotel, and a connected six-story structure that fronts Main Street.

Palmer, best known for his Italian Renaissance-inspired developments that flank the Harbor Freeway, has departed from this model with his first project in Downtown's core.  Broadway Palace features a facade of brick veneer, mimicing the appearance of nearby historic structures.

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Six-Story Apartment Building to Rise on Westlake Parking Lot

Another project through the Transit Oriented Communities program.

A 9,300-square-foot surface parking lot in Westlake is slated for development, according to plans filed last week with the City of Los Angeles.

The property, located at 366 S. Loma Drive, could see the construction of a six-story building featuring 39 apartments - including affordable units - above a partially subterranean parking garage.