A five-year-old proposal to raze an industrial building near Metro's Pico Station in Downtown Los Angeles has been approved by the City of Los Angeles, per a notice issued last month by the Planning Department.
The proposed project, slated for a site at 1323-1331 S. Flower Street, calls for the construction of a new 11-story building which would feature a 100-room hotel, 48 market-rate apartments, and 12,676 square feet of ground-floor commercial space. Plans also call for parking for 158 vehicles.
1323-1331 S. Flower StreetGoogle Street View
Project applicant Elliot Tishbi of Tishbees, LLC will be required to make a more than $2 million public benefits payment, should the project move forward.
Irvine-based architecture firm nKlosures is designing the mixed-use building, which would rise approximately 145 feet in height. A landing page on the nKlosures website names the project "The Element."
"The building design uses architectural features to differentiate the use of the building within," reads a description. "The various uses of the building will utilize various elements reflecting the particular space. Use of color throughout the building adds a colorful punch to the project. The project provides luxurious amenities for the occupants, a pool for the apartment residents, a fountain and water feature at the rooftop for restaurant users, a grand lobby and restaurant to provide a pedestrian active street front."
1323-1331 S. Flower StreetGoogle Maps
The proposed development would join a handful of other commercial and residential developments in close proximity to Pico Station, including the recently-completed AC and Moxy Hotel tower one block north at Pico Boulevard's intersection with Figueroa Street.
Another project by nKlsoures, an unfinished building which would feature 43 hotel rooms, sits directly across the street from the Element site. That building was slated to become a La Quinta Inn, per a market report by the DTLA Alliance.
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