Well over one year after our last update, construction has wrapped up for a new office complex from Redcar Ltd. next the Chinatown Metro station.

The project at 843 N. Spring Street, located on a corner just south of College Street's intersection with Broadway, consists of a five-story building that will feature roughly 122,000 square feet of offices above 7,000 square feet of ground-floor retail space and a 141-car garage.

View from Chinatown StationUrbanize LA

Lever Architecture, Shawmut Construction, and James Corner Field Operations headline the design team for the project, which is among the first developments in Los Angeles to employ cross-laminated timber as a building material. Roughly 82,000 square feet of three-ply and five-ply panels form the building's ceilings and floors, supported by a steel frame.

A leasing profile for the property on LoopNet states that the project was completed in 2023, and is now available for occupants.

Rendered view looking southwest from Spring and CollegeLever Architecture

Redcar, which is based in Santa Monica, launched in 2014 when it rehabilitated a neighboring building located at 759 N. Spring Street. Since then, the company has expanded its portfolio to include sites in Culver City, Santa Monica, and West Adams. The company had proposed an even larger office complex near L.A. State Historic Park, but has since walked away from that project, instead selling the property to director George Lucas.

Despite headwinds for the Los Angeles area office market, and the greater Downtown submarket, property owners are also looking to add office to Chinatown. Across the street at 130 W. College Street, a bus yard is poised to make way for an ever larger 225,000-square-foot office complex.

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