Construction has gone vertical for "The Rise Koreatown," a $154-million mixed-use complex from developers Cal-Coast Development and Rescore.
The project, which replaced a shopping center and parking lot at 3525 W. 8th Street, will consist of a seven-story building featuring 364 residential units, basement parking, and 52,000 square feet of ground-floor commercial space - anchored by a grocery store.
The podium-type building is being designed by Nadel Architects, and is portrayed in renderings with a right exterior distinguished by red and yellow flourishes. Completion of The Rise is anticipated in early 2021.
A slew of similar developments are either planned or already construction along the surrounding stretch of 8th Street. Jamison Services, Inc. is currently building a 131-unit development at the corner of 8th and Harvard Boulevard, and is planning another podium-type development across the street from The Rise. A stretch of commercial buildings between Harvard and Hobart Boulevards is also slated to make way for a 341-unit apartment complex.
The Koreatown project is one of two under-construction Southern California developments from Cal-Coast and Rescore. The other project, a 369-unit building called The Rise Hollywood, is located just south of Sunset Boulevard.
- 3525 W. 8th Street (Urbanize LA)