New High-Density Apartments Coming to Downtown Los Angeles

A fifteen story modular apartment building planned in DTLA It is a courtyard style building that balances high density against reduced parking.

Gensler is designing the project, located at 121 W. 3rd Street, which would be composed of prefabricated modular units.  The building has a U-shaped footprint above the podium level, wrapping a landscaped central courtyard that opens to the sky.  Amenities planned include a fitness center and a rooftop deck

Renderings of the apartment complex depicted a rust-colored exterior, highlighted by a system of perforated metal screens that frame exterior-facing balconies. #newconstruction #entarlovesyou

Across the street from the Ronald Reagan federal building, the new construction apartments will be across the street from the historic Douglas Building lofts, and just a block from the Higgins Building.

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The proposed development would set aside 37 of the apartments as deed-restricted affordable housing. In exchange for the approval of density bonus incentives to permit increased height and floor area, as well as a reduction in required automobile parking. 

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Hope and Flower Apartments 1201 S Hope St, Los Angeles, CA 90015

Two stylish, modern luxury residential rental towers with some of the largest, chic modern and comprehensive community spaces in Downtown L.A. | FOR LEASE

DTLA specialist real estate professionals call Hope+Flower the “best” apartments with the “most” and “biggest” common area community amenities. The complex is one of the newest and most high tech in Downtown Los Angeles with units available for lease. We were pleasantly surprised at the upscale level of grandeur and splendor when we walked into the lobby, the palatial indoor and outdoor lounges, multipurpose and event rooms, sprawling fitness room gym, three swimming pools, spa, steam and saunas — even music rooms with a grand piano and guitars that you can use. | Hope and Flower

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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.