Replacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies. Its aesthetic is very different from the historic buildings that will sandwich it.
The LA Downtown News recently reported that Australia-based developer Joseph Hellen has spruced up his plan for a 40-story apartment tower with a proposal to renovate and activate three small Broadway theaters.
Across the street are the Security Building lofts and SB Spring lofts for lease.
The proposed new building will be designed as a condo, but will be leased, as has been the trend for most recent residential developments in Downtown.
2943 Gleneden St, Los Angeles, CA 90039 was the old address. The updated address is 2970-2980 Ripple Place, Los Angeles, CA 90039 More updated information is available at The L.A. Loft Blog River House posts
Here is an update on the construction progress of River House: The River House is an Elysian Valley condominium project under development, around 50% completed, along the Los Angeles River by the 2 Glendale Freeway. The project is unique because it is among the first new developments to face the newly naturalized portion of the Los Angeles River. It is also next door to the lovely new Marsh Park.
River House – New Construction
The project is looking more and more like an ordinary apartment complex, with standard height ceilings and mostly medium size windows or smaller. Only a few dozen units will face the beautified river, the other units are ordinary, with windows just large enough to let in some of the neighborhood gnats. See more information on the original River Lofts page at http://lariverlofts.com
UPDATE: The developer has released pricing information on the project. Get on the interest list to receive details and pricing.
River House condos are now on sale. The developer is accepting offers and allowing prospective buyers to reserve and hold properties. The L.A. Loft Blog will provide updates, and readers may request early information and early viewing invitations by getting on the River House interest list. Fill out the online form:
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Based on information from the Association of REALTORS®/Multiple Listing as of [date the AOR/MLS data was obtained] and /or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
*seller and Corey must agree on price and time of possession – details and conditions visit coreychambers.com
Replacing what is now a parking lot between the Spring Arcade building and the Alexandria Hotel, a new building is being designed with modern style that includes wavy white architecture and balconies. Its aesthetic is very different from the historic buildings that will sandwich it.
