A pending presentation to the Downtown Los Angeles Neighborhood Council's Planning Committee offers a better look at Mack Real Estate Development's proposed residential tower at 1105-1123 S. Olive Street.
The project, last seen before the council in 2020, calls for replacing a surface parking lot with a 51-story tower which would feature 536 studio, one-, two-, and three-bedroom homes above 4,178 square feet of ground-floor commercial space. Plans also call for a four-level podium and six subterranean levels containing parking for 581 vehicles.
CallsonRTKL is designing the tower which would rise 603 feet in height, and is shown in renderings with a glass and metal exterior. Amenity decks are proposed atop the building's podium, with several smaller terraces to adorn its upper floors. Images also show a landscaped setback at street level at the intersection of 11th and Olive, and uplighting to highlight the building crown.
Habitable spaces and amenities would be used to mask above-grade parking facing Olive Street, while a mural would cover the garage overlooking the South Park Commons courtyard to the west.
The proposed tower is the latest component of a larger plan for the surrounding blocks started a decade ago back Mack Real Estate and AECOM roughly one decade ago, which includes the 362-unit Wren apartments on Pico Boulevard, the 38-story Aven tower on Grand Avenue, and South Park Commons. A third building - a 16-story hotel tower - is approved to replace a parking lot at 12th and Olive Streets.
Even when the tower at 1105 Olive is completed, Mack Real Estate is not done with the neighborhood. Across the street, another parking lot is poised to give way to an even larger 60-story building.
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- 51-Story Residential Tower Planned at 11th & Olive (Urbanize LA)