Outside of the now former Target Husk in Hollywood, L.A.'s most notorious stalled development is arguably Oceanwide Plaza, which has sat unfinished across the street from Staples Center for more than two years. But just down the street from the shell of that high-rise complex, another long-delayed Downtown development is finally nearing completion.
In 2016, developers Quantum Capital Partners and Pacific Southwest Realty Service broke ground on a mixed-use apartment building at 1400 S. Figueroa Street. The seven-story edifice, which replaced a surface parking lot across the street from the Los Angeles Convention Center, will include 110 apartments above 1,400 square feet of ground-floor commercial space and parking.
GMP Architects designed the project, which is a colorful podium-type building clad in red, white, and blue-colored stucco and aluminum panels. The structure has an L-shaped footprint above its second floor, wrapping two sides of a pool and recreation deck.
At the time of the project's groundbreaking, its backers anticipated that the complex would open for residents by September 2018. That date came and went, as construction of the project stalled and restarted incrementally over the succeeding four years. In that time, a leasing website for the apartments was both launched and deactivated.
The new development is flanked to the north and south by the two buildings of Avant South Park, another GMP-designed project which includes a similar blend of housing and ground-floor commercial uses. The buildings, which were developed by Century West Partners, are now owned by Essex Property Trust.
Other projects currently in pre-development nearby include a proposed micro-unit apartment complex which would replace another parking lot located just east on Flower Street.
- 1400 S Figueroa Street (Urbanize LA)