A case filing with the Los Angeles Department of City Planning has unveiled details about a mysterious mixed-use development proposed in Downtown Los Angeles.
The project, officially submitted earlier today for a 3.25-acre site at Olympic Boulevard and Georgia Street, would consist of three high-rise buildings featuring 1,367 residential units, approximately 40,000 square feet of retail and restaurant space, and parking accommodations for up to 2,131 vehicles in an above- and below-grade garage.
The development site corresponds to a property thas has previously been portrayed on the website of City Century, the American subsidiary of the Chinese real estate firm Shenglong Group. Conceptual sketches depict a series of towers flanking the Harbor freeway.
Previous concepts called for multiple hotels within the development.
The project sits immediately north of the L.A. Live complex, where a number of residential and hotel developments have been planned for longtime parking lots.
Immediately north across James M. Wood Boulevard, construction is in full swing for the $1-billion Metropolis development, a product of Greenland USA.
City Century is also behind a proposal for a 24-story apartment tower at 1233 S. Grand Avenue in South Park.