Three years after razing the shuttered Temple Community Hospital in Historic Filipinotown, Gemdale Corp. and LaTerra Development have finally broken ground on the apartment complex that will rise in its place.
A representative of Gemdale confirms that construction began in July for Pinnacle 360, located at 235. N Hoover Street. Plans call for a five-story structure featuring 221 studio, one-, two-, and three-bedroom apartments above parking for 384 vehicles.
As a condition of approval for density bonus incentives granted to the developers, 19 of the apartments are to be set aside as affordable housing at the very low-income level.
Carrier Johnson + Culture is designing Pinnacle 360, which is depicted in renderings as a contemporary podium-type complex which takes advantage of its hilltop location with an amenity deck and cantilevered balconies facing northwest.
Completion is expected in late 2023, according to the Gemdale representative.
Pinnacle 360 is an unexpected byproduct of a state law requiring the structural retrofit of all acute care hospitals for earthquake safety. The estimated $50-million cost of such an undertaking, combined with declining revenues, prompted the hospital's closure in 2014, with the property sold to Gemdale and LaTerra two years later.
- Pinnacle 360 (Urbanize LA)