With a tower crane on site, construction is kicking into high gear for Ten50, a residential tower from San Francisco-based developer Trumark Urban.
The $100 million project - designed by architecture firm HansonLA - will consist of a 22-story edifice at the corner of 11th Street and Grand Avenue in the bustling South Park neighborhood. Plans call for a total of 151 one- and two-bedroom condominiums within the building, seated above a five-level parking podium with approximately 5,900 square feet of ground-level commercal space. The tower would also include a full array of residential amenities, including a swimming pool, a screening room and a yoga garden.
Ten50, scheduled for completion in 2016, is one of numerous skyline-altering development slated for surrounding blocks. In February, Florida-based developer Crescent Heights acquired an adjacent property at 1045 South Olive Street which could yield a residential tower. One block south, developer Mack Urban and engineering giant AECOM intend to break ground later this year on a high-rise complex near the formerly companionless AT&T Center.
A slew of low-rise residential-retail developments are also in the midst of construction nearby along Olympic and Pico Boulevards.
- Work Quietly Starting on Downtown Condo Projects (Urbanize LA)
- Ten50 (Official Website)