Jamison Services, Koreatown's largest property owner, plans to construct a mixed-use high-rise complex on the grassy lot adjoining Wilshire Park Place.

The proposed development, dubbed 3700 Wilshire, is slated for an approximately 3.2-acre property between Serrano and Oxford Avenues.  The completed project would include an approximately 36-story tower and standalone retail buildings totaling 506 residential units and approximately 62,000 square feet of shops and restaurants.

Architecture firm CallisonRTKL has designed the proposed tower as a modern glass and steel edifice, featuring one, one-, two- and three-bedroom dwellings above a parking podium.  Other planned features include LED signage, a fitness center, a swimming pool and a 34th floor sky lounge and amenity deck.

At approximately 400 feet in height, the building would be among the tallest structures in the Mid-Wilshire skyline.

To the west, along Oxford Avenue, the high-rise tower would give way to a series of two-story structures containing the bulk of the project's retail and restaurant space.  Pedestrian access and outdoor seating would be provided by a series of landscaped paseos cutting through the property.

According to the project's initial study, construction is expected to occur over an approximately 47-month timeline.  A groundbreaking could occur as early as mid-2017, and completion by late 2020.

The Wilshire Park Place office building, an 11-story structure which dates to the mid-1960s, would be maintained as part of the development.

Jamison Services has rapidly moved to develop its underperforming properties over the past year, with a development pipeline that includes multiple adaptive reuse, high-rise and low-rise projects.