A new developer has taken the reins for a proposed a mixed-use apartment building in Downtown San Pedro, according to a pending presentation to the Harbor Area Planning Commission.
In 2021, the City of Los Angeles approved a proposal from Holland Partner Group to redevelop a city block located at 625 S. Beacon Street. The proposed development was to consist of an eight-story edifice featuring 281 studio, one-, two-, and three-bedroom apartments atop 2,316 square feet of ground-floor commercial space and a 505-car garage.
Three years later, a requested modification to those entitlements indicates that Trammell Crow Company is now developing the project. City records indicates that the land traded hands in July 2023.
According to a staff report, planned alterations to the project include a slight reduction in commercial space from 2,316 square feet to 1,782 square feet, as well as an overall reduction in floor area from 338,000 square feet to 229,097 square feet. Likewise, planned parking has been reduced to 363 spaces, which would be located in an above-grade garage.
The revised project is being designed by KFA Architecture, and is portrayed in plans as a contemporary podium-type building with courtyards located above its parking deck.
The project would be the second from Trammell Crow Company in Downtown San Pedro, following the Vivo on Harbor development located one block away.
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- 625 S Beacon Street (Urbanize LA)