With the Vancouver-based developers Townline and Forme Development have filed plans to construct a mixed-use high-rise development at 550 Shatto Place in Koreatown. The project, called Soul, would incorporate a mix of market-rate and affordable apartments, in addition to office space and ground-floor commercial uses one block from Metro's Wilshire/Vermont Station. The property was acquired in partnership with Urban Offerings, a Los Angeles-based real estate firm. [Read Full Article]
27-Story Tower to Rise Near Chinatown Station. Nearly half of the property would be used as open space. Townline and Forme Development, along with Los Angeles-based partner Urban Offerings, has initiated initial outreach to community groups and stakeholders in the last week. Construction of Harmony is currently antici- pated to begin as early as 2019, according to the development team. [Read Full Article]
The Los Angeles Planning Commission gave a thumbs-up for the development of a new office space with a food hall and rooftop restaurant in the city’s Fashion District. [Read Full Article]
Local developers Urban Offerings, in partnership with ESI Ventures, is expanding its vision for a creative office campus in Downtown Los Angeles.
Last week, George Smith Partners and Dekel Capital announced a $122-million loan to facilitate the construction a 250,000-square-foot office campus in the Fashion District. [Read Full Article]
Internationally renowned street artist Fin Dac produced mural 'Nabi Soneyo' (Butterfly Girls) in the Koreatown neighbourhood of Los Angeles [Read Full Article]
George Smith Partners and Dekel Capital arranged the equity-and-debt package for Urban Offerings and ESI Ventures. The sponsors will use the proceeds to develop a 250,000-square-foot Class A project in the city’s Fashion District. [Read Full Article]
Starting off the year strong, Urban Offerings and ESI Ventures place $122 million in JV equity and bridge financing to develop a 250,000-square-foot creative office property in Downtown Los Angeles, GlobeSt.com reports EXCLUSIVELY. [Read Full Article]
Real estate firm Urban Offerings has purchased the historic Norton Building in Downtown Los Angeles, with the intention of redeveloping the property. The five-story structure, located at 755 S. Los Angeles Street, sits near the border between the Fashion District and the Historic Core. [Read Full Article]
Curbed - With South Park in serious danger of running out of room for new high-rise projects, it was probably only a matter of time before the mayhem spilled into the nearby Fashion District. It started with news of the massive City Market project last year, and now the Downtown neighborhood might get a 33-story residential tower to call its own. [Read Full Article]
Urbanize LA - In recent years, a series of adpative reuse projects have added thousands of residents to the Fashion District, a low-slung area of Downtown Los Angeles which serves as the nexus of Southern California's apparel industry. The neighborhood is now poised for its most noticeable change yet, as a potential high-rise development appears on the horizon. [Read Full Article]
Los Angeles Business Journal - A creative office developer is the latest company to envision a transformation for an aging downtown building. West L.A.’s Urban Offerings Inc. purchased the Norton Building, a five-story office on Los Angeles Street built in 1914, with plans to do a drastic redesign. The value of the deal was not disclosed, but the asking price was $21.5 million, according to CoStar records. [Read Full Article]
Business Wire - CULVER CITY, Calif.--(BUSINESS WIRE)--When developer Urban Offerings, Inc. of El Segundo, CA, acquired a 1956 vintage bow truss industrial building in the Culver City area of Los Angeles in 2007 to renovate it for adaptive creative office space, the company envisioned an even greater concurrent challenge: to make an existing building energy sustainable. Both goals were achieved, the company reports. [Read Full Article]
3641 Holdrege Avenue Los Angeles. Using A Process of renovation through subtraction, the New York based firm Lynch/Eisinger/Design (L/E/D) created a multitenant commercial building in part by taking away pieces of an old industrial complex. But its scheme respected the integrity of the remaining buildings and, indeed, leveraged their muscular structure to give character to the new facility. [Read PDF].