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Approval of Sustainable Communities Project for DTLA Mixed-Use Development

  • When: 2024/12/10
  • Address: 1123 South Olive Street, Los Angeles, CA
  • City: Los Angeles
  • State: California
  • Category: Infrastructure Development
  • Asset Class: Multifamily
  • Property Type: Mixed-Use
  • Size: 51-story tower, 536 units, 4,178 sq ft commercial space

The Los Angeles City Council approved the Sustainable Communities Environmental Assessment (SCEA) for the DTLA Mixed-Use Development. This project involves the construction of a 51-story tower with 536 residential units and 4,178 square feet of commercial space, promoting urban density and sustainability.

Why it Matters

This project addresses housing demands and supports urban growth with transit-oriented and sustainable development principles, aligning with Los Angeles' long-term goals.

Source

Applicant - Mack Real Estate Group


Ownership - DTLA South Park Properties LLC


City Representative - Psomas Group


Allowed Uses: Mixed-use residential and commercial development.