LA Loft Blog

SOUTH PARK HOMES FOR SALE | FOR LEASE | NEW HOMES

Now under construction at 1101 S Figueroa Street in #dtla, #Oceanwide Plaza (formerly known as Fig Central) is one of several mixed use residential-hotel-retail megaprojects coming to life in the South Park district of the newly revitalized Downtown Los Angeles.

It will consist of a mall, a 5-star hotel, and residential condominiums for sale, in the form of three connected highrises from 40 and 49 stories. A video from Urbanize LA, the company leasing out the 150,000 square feet of retail space in the new complex, gives a close-up view of the shopping area and the new public space that Oceanwide Plaza will present. It will also include hotel ballrooms, nightclub, premium fitness center, celebrity chef restaurant, and an opulent spa.

https://videopress.com/v/OjT9amFr

The retail area will be inside a covered open-air shopping mall that will stretch along the bulk of the 4.6-acres of 1101 S Flower Street. The retail area is spread across two levels, and features a 37,000 square foot rooftop deck. Nearby residents of Flower Street Lofts will be pleased that the ground floor of the Plaza includes several pedestrian walkways between Figueroa and Flower.

Condominiums for sale nearby include the Residences at the Ritz-Carlton, Luma, Evo, Elleven, Concerto, Skyline, Market Lofts and Sky Lofts.

The $1 billion development will also include 2 40-story residential towers and a 49-story tower that will contain a 183-room Roberto Cavalli Hotel and 504 condos. 32,000 square feet of the exterior will be wrapped up in a giant LED screen that will add to the Las Vegas style of bright lights already visible from LA Live just across the street. Developers expect Oceanwide Plaza construction to be completed in September of 2018.