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].