Right across the street from LA LIVE, Staples Center, Nokia Theater now Microsoft Theater, Los Angeles Convention Center and Grammy Museum, new condos are under construction in a huge super luxury complex including Hyatt hotel and lifestyle shopping and entertainment center.
Towers 1 & 2 South will have combined 340 residential condo units unbranded condos. #oceanwide #plaza #dtla
Tower 3 North above the Park Hyatt Hotel will have 164 condo units. Park Hyatt branded condos. 504 residential condo units in the 3 towers.
Average asking price is expected to be about $1400 per sq ft. Extra high ceilings and balconies / terraces.
All 3 towers will be luxury residences with the Park Hyatt Residences being the ultimate luxury with upgraded marble and stone imported from Italy, premium quality and high-end wood flooring and appliances.
OceanWide Plaza will have a 2 story open air mall on the bottom two floors with 166,000 sq ft of lifestyle retail. The building will stand out with an expansive LED ribbon screen stretching around the entire plaza above the open-air retail mall. The plaza will have a 2-acre 8th-floor amenities deck.
Indoor amenities on the 8th-floor level will include: Resort style pools & cabanas, Children’s playground, Two dog parks, Basketball court, 1/5 mile jogging track. Indoor amenities: Fitness and yoga rooms, Dog washing/grooming facility, Private screening rooms, Children’s center, Multiple private dining & entertaining facilities, At-home workspace and conference facilities, Game room for families, 1400 total side-by-side parking, private garages for penthouse units.
For more inside information on this new upcoming super luxury project as it is released, such as possible early pricing, get free information on new homes in Downtown Los Angeles. Fill out the online form:
The sales office for OceanWide Plaza is now under construction and is scheduled to open in May of 2018. At that time, hard hat tours may be scheduled for registered buyers, and deposits submitted for selected units. Get on the priority list. Contact the new homes team at email@example.com or 213-880-9910 right away.
12th Street is going to be a very busy place. The area is already starting to feel a little different, and Hope St. is going to look very cool in about 2 years. #newhomes #dtla
1133 S. Hope Street new condo development originally by Shanghai Construction Group America is currently under construction at 1133 South Hope Street, Los Angeles. The development has a total of 200 units. See 1133Hope.com
About a month after a construction zone fence encircled a parking lot at 1133 S. Hope Street, it looks like construction is now really starting for South Park’s newest mixed-use luxury highrise condo tower tentatively referred to as 1133 Hope.
Construction crews are now digging up the old parking lot asphalt from the .65-acre lot property, which will give way to a sparkling new upcoming 28-story tower of 200 condo units atop 5,000 sq ft of street-front retail space and its own parking garage.
Virtual photos from Chris Dikeakos Architects depict a modern coming 330-foot tower building that looks a lot like Onni Group’s 1212 Flower Street project that is already under construction about a block south.
The project is now being developed by Fulton Street Ventures, the American affiliate of Chinese real estate company R&F Properties. The property was originally connected by Canadian developer Amacon.
Get 1133 S Hope St new homes info, pricing, availability and priority viewing by getting on the interest list. Fill out the online form:
After a brief standstill, Oceanwide Plaza is again under construction in Downtown’s South Park neighborhood between L.A. Live / Staples Center and the Flower Street Lofts. The $900 million mega project mixed-use development brings tremendous commercial space and hundreds of residential condominium units atop more than 1,440 parking spaces.
Construction giant Lend Lease has entered into a US$814 million contract with Chinese developer Oceanwide to build a mixed-use complex in Los Angeles, adding a significant project to its workbook in southern California.
Oceanwide Plaza, a subsidiary of the Hong Kong-listed China Oceanwide Holdings, is developing the large-scale mixed-use complex consisting residential properties, hotel and shopping centres with a total gross area of about 138,249sq m in downtown LA.
The existing neighbors across the street at Flower Street Lofts have expressed concerns about the new behemoth building that will be blocking the sunset views and sights of L.A Live. The developer changed plans to make the Flower Street side of Oceanwide Plaza less of a loading dock area, and more of an attracive retail face, more open and accessible on Flower Street.
The Australian, a news publication, recently reported on Oceanside Plaza as a Huge LA deal for an Australian builder named Lend Lease. Construction giant Lend Lease has entered into a $814 million contract with Chinese developer Oceanwide to build a mixed-use retail and residential complex in Los Angeles.
Oceanwide Plaza, a subsidiary of the Hong Kong-listed China Oceanwide Holdings, is creating the large-scale mixed-use complex that will consist of residential condominiums, hotel and retail shopping areas.
The two companies have entered into a contract to build the complex, also known as Oceanwide Plaza, according to a stock exchange filing by China Oceanwide.
The project is Oceanwide’s first overseas development. They plan for three huge towers over a large podium on a 4.6 acre site.
The 49-story north tower will be a five-star luxury hotel with 183 rooms and 164 condominium units. The other two twin towers, each 40 stories high, will become 340 luxury condo units. The podium of eight levels of retail and parking with over 1,440 parking spaces will ensure that all of the residential units will have a great view.
The tower 1 concrete foundation pour has been completed.
Lendlease, an international property and infrastructure company, has announced the completion of the initial mat foundation pour for the Oceanwide Plaza development in Downtown Los Angeles. This milestone will allow for vertical construction of the project to begin.
See how 18,000 truckloads of concrete are being poured:
The initial pour was completed March 26th, one of the largest construction mat pours in the Los Angeles history. Crews from Lendlease worked with 700 concrete trucks to pour 7,000 cubic yards of concrete over 700 tons of rebar.
The full foundation will be completed in four phases, consisting of more than 25,900 cubic yards of concrete and six-million pounds of rebar. >> MORE
New home prices have net yet been released, but the L.A. Loft Blog is providing guidance in the form of estimated asking amount based on the current market and projections for 2017/2018. South Park luxury condominium tower studios are expected to start in the $700,000s, 1 bedrooms in the $900,000s and 2 bedrooms around $1,100,000. Actual prices will vary based on supply and demand.
Prospective Downtown home buyers are encouraged to take advantage early of free home buyer protection with no obligation to buy. This can help the buyer negotiate a better deal by placing the buyer’s interested above the seller’s interests. It can often allow home buyers to see unlisted units that are not on the developer’s public list. Developers require home buyers to sign up for any desired free home buyer protection early before seeing the properties. With no obligation to buy, some of these free home buyer protection programs offer guaranteed savings, such as the free Save 25 Grand certificate at www.Save25Grand.com.
Receive Oceanwide Plaza or Circa at 1200 Figueroa new listings in your email. Fill out the online form:
Get priority access to new homes, Free Home Buyer Protection and $25,000 Savings Guarantee Certificate at www.Save25Grand.com
This is it! It’s what you’ve been looking for: Newly renovated Downtown historic live-work lofts with spacious open floor plan, high ceilings, lots of windows and light, and easy walk to dining, shopping and entertainment. Find out more. Get on the New Lofts Interest List.
Those who are interested can get details, photos and and early viewing with the L.A. Loft Blog information request form below.
The public will soon have an opportunity to own an icon of an Art Deco style high-rise building in Downtown Los Angeles. The selection of several new lofts for sale were built in 1930s. Originally luxury office building designed in the roaring 20’s, the historic buildings have been converted into loft homes. Just minutes from upscale restaurants, steps away from dining, well-known art galleries, cultural attractions, L.A. Live, Staples Center, Metro transportation and shopping and entertainment venues.
Prices soon to be available to the public. There are several different floor plans, some with
terraces and balconies. Studios from 750 sq. ft. – 855 sq. ft. One bedrooms at 1,020 square feet – 1,100 sq. ft. Two bedrooms at 1,390 sq. ft. – 1,410 sq. ft. Duplex with 2 and 3 bedrooms at 1,280 sq. ft. – 1,945 sq. ft. Penthouses 1,620 sq. ft. – 3,565 sq. ft.
We anticipate a quick sell out of these unique one-of-a-kind loft homes in downtown LA.
Get more information with descriptions and photos, and request an early viewing. Fill out the online form:
This article contains expired information. For updated info call (213) 880-9910.
Coming Soon: Your Chance to Own an Icon.
In September 2015, the public will have an opportunity to choose from a selection of historic art deco style lofts for sale in one of the most iconic buildings in Downtown Los Angeles. With views of the park at Pershing Square, the TGB was originally constructed in 1930. The Title Guarantee Building symbolizes the architecture, art and craftsmanship coming out of the gilded age of L.A. From detailed brick and tile work to lush marble, hand-made woodcraft to the lobby’s celebrated Hugo Ballin art murals – this is truly a uniquely authentic residence and a valuable chance to control a slice of historic Downtown.
Title Guarantee and Trust Company Building in the Historic Core
The Title Guarantee and Trust Company Building is an Art Deco style highrise building on Pershing Square in Downtown Los Angeles. Built in 1930, on the site of the California Club building. The building was designed by The Parkinsons who also designed many Los Angeles landmarks, including Los Angeles City Hall and Bullocks Wilshire. Originally an office building, the structure was later converted into lofts. In 1984, the building was listed in the National Register of Historic Places.
After several years of serving as loft rental apartments, the units will be restored to renewed luster before the sale. Renters have praised the great livability of the building and its amazing loft units with high ceilings, multi-level units with mezzanine lofts for excellent separation, in-unit washer and dryers, and quiet between units.
The building has its down sides, including the traffic
noise on Hill Street, noise from pedestrians and the busy Perch lounge across the narrow street. The trash shoots travel through some closets, which have no doors, and thus allow noise from the chutes. The valet parking has been a blessing, and sometimes a curse depending on the valet attendants. The entire area around Pershing Square is a base of a large number of homeless people who sometimes camp out in and around the building. The parking lot next door may soon be replaced by a building, which could potentially block views for some units. The fantastic units facing streets and Pershing Square will likely have some protection of the awesome views for some time.
There is no rooftop access, but some of the units have patios. The building units have also received accolades for their concrete floors, updated counter tops and a large, stainless appliances.
Coming Soon – The new lofts are expected to go on sale to the public in September.
The History and Murals of the Title Guarantee Building
“In commissioning Hugo Ballin to execute a series of mural paintings for the lobby of its building at Fifth and Hill Streets in Los Angeles, the Title Guarantee and Trust Company had in mind the presentation, in vigorous, colorful and adequate manner, of the picturesque and vital phases of Southern California’s history.
It desired to align itself with that modern tendency which seeks to bring contemporary art to the immediate enjoyment of the public. To this end Mr. Ballin prepared six panels, the first being dedicated to the prehistoric era. The product of a distinguished painter, this group forms a unity of rich, rhythmic color, with bold figures and splendid themes offering stimulation to the imagination. The Ballin panels, definitely enriching the community, should prove of permanent historical and esthetic interest.”
The Title Guarantee and Trust Company grew along with the city and profited tremendously from that growth. The company’s founder, Edwin W. Sargent, began his career as founding partner at the Los Angeles Abstract Company in 1887, one of the first institutions in Los Angeles to provide authoritative titles to land parcels and issue certificates of title in real estate transactions. Claims to land and resources in Southern California had been hotly contested since the region transitioned from Mexican rule to become an American state. Some Anglos unlawfully seized land from indigenous peoples, others refused to recognize the sanctity of disenos, land grant contracts issued by the Mexican government, and real estate speculators and squatters often flouted existing property claims. By issuing authoritative titles, the Los Angeles Abstract Company “brought order to the chaos in the real estate title business in Los Angeles,” providing a foundation that allowed for the city’s development and growth. In 1895, Sargent founded his own company, the Title Guarantee and Trust Company, and by the late 1920s, he held documentation for the titles to over 1.1 million parcels of land in Southern California valued at over $4 billion dollars.7
Sargent died in 1929, and to ensure that the company’s reputation did not die with him, his successor, A. F. Morlan, and the Board of Directors decided to erect a large new corporate headquarters as a monument to the company’s success. They needed the building to convey their historic strength and the stability of the company while also positioning the company on the cutting edge of Los Angeles’ development, signaling to its potential clients and investors that it was both a part of the city’s small town past and its metropolitan future. There also were practical reasons for expanding the company’s offices: they needed to house the over one million title files held by the company, documents related to virtually every parcel of land in Los Angeles county since the establishment of the American government in 1850s. Among the documents were a “Book of Disenos” (a survey of Mexican land grants) and records of the acts of the Mexican Ayuntamiento (Council) that preceded the American government, critical to authenticating land claims from the days of Spanish and Mexican rule. The documents held by the company served as the mechanism through which American understandings of property rights and land ownership had been realized in the region, “guaranteeing” not only individual land claims but also Anglo-American hegemony in Southern California more broadly. The new building thereby would serve not only as a monument to the company’s strength, but also to the strength and vitality of the real estate industry and the city of Los Angeles itself.
The company enlisted the father-son team of John B. and Donald D. Parkinson to design an “ultra-modern” building with over 130,000 square feet of office space on a lot they had purchased on Pershing Square, just blocks from the Superior Court and the newly opened City Hall. The elder Parkinson had made his name in the architecture world when he designed the city’s first “sky scraper” at Fourth and Spring Streets in 1904 (now known as the Continental Building), prompting the City Council to pass an ordinance limiting the height of new construction projects to 150 feet.
To maneuver around the ordinance’s height restrictions, the Parkinson firm designed an elaborate decorative feature on the roof of the Title building, leaving floors twelve and above unoccupied so as to extend the height of the building to 240 feet. The Gothic-style rooftop had multiple-tiered buttresses and towers that echoed the medieval cathedrals of Europe and contributed to the building’s vertical thrust. A high-tech system of floodlights was added so that the building became even more spectacular at night. The terra cotta tiles on the exterior of the building were specially finished with a texture that accentuated the lighting effect and, along with recessed windows, added to the upward thrust and verticality of the building. The building also was outfitted with the most state-of-the-art amenities, including an electrical ventilation system and four high-speed elevators.8 By adapting traditional forms and techniques using modern technologies, the Parkinsons created a structure that elegantly advanced the company’s needs.
The Parkinsons hired Eugene Maier-Krieg to sculpt decorative features on the building’s exterior and Hugo Ballin to paint a series of murals for the building’s lobby. To further enhance the company’s mission, Ballin designed a series of six panels tracing Los Angeles’ history from prehistoric times to its “modern” present (in 1930), situating the company and the documents held in its headquarters within the city’s historical narrative. In each panel, Ballin underscored the legitimacy of the titles held at the building and the positive, modernizing effects that Anglo American rule had on the region. One panel romanticized the days of “rancho” life as a time when Spanish padres and colonists co-mingled with the indigenous population and two panels portrayed the transition to American rule as peaceful, rational and orderly. The coming of the railroad is similarly touted as having “ended the isolation of the pueblo” and the “modern era” embodied by a dynamic, male figure surrounded by props signifying the technological achievements that enabled the city’s growth. Rather than employ idealized, female figures as allegorical symbols as he had in previous commissions, in the Title murals Ballin used hyper-masculine forms, emphasizing their physicality and strength to capture rapid changes occurring in Los Angeles’ economy, population and culture at the time. By abandoning his “virgins” in favor of “dynamos,” Ballin was able to match the “ultra-modern” aesthetics of the building without straying too far from his traditional, classical style. And by adding “dynamos” to his historical motif, his murals both reinforced the Title Guarantee and Trust Company’s role in the history of the city and positioned it at the forefront of the city’s development in the future.
Despite the permanency of the structure, the Title Guarantee and Trust company did not last: it first merged with the Title Insurance and Trust Company, was then taken over by a Chicago firm, and its millions of titles are now held by the Fidelity Insurance Company. The Title Guarantee building, however, has remained, and has been recognized by both the National Register of Historic Places and the Los Angeles Historical-Cultural Monuments for its significance to the city’s architectural heritage, ensuring that the building and Ballin’s murals will be part of the downtown landscape for years to come. They were cleaned as part of the building’s renovation in 2013-2014, and can be viewed by contacting the Title Guarantee Management Company.
Ballin described his murals at the Title Guarantee and Trust Building in a pamphlet published in 1931:
“One of the important decisions in California history was made in early 1847 over a table on the veranda of a small ranch house that then stood near Cahuenga Pass.
This event – the signing of the Treaty of Cahuenga whereby the Mexican forces surrendered to the American – is celebrated in the third panel executed by Hugo Ballin.
In this panel Generals Pico and Fremont play leading roles. The former, Andres Pico, was the rough-and-ready leader of the Mexican army, a man who had swept the United States troops into an overwhelming defeat in the San Pasqual Valley with his horsemen recruited from the ranchos. The signing of the articles that ended the hostilities had followed the last military maneuver, that of Stockton and Kearny marching north from San Diego and John C. Fremont marching south to meet them. The Stockton-Kearny forces had engaged two minor battles at the San Gabriel River and at La Mesa, entering Los Angeles thereafter without opposition. With the war over, the American flag was to float over Los Angeles, the bands were to march and play, and the rank and file were again to be happy. In the panel, Fremont, the ‘Pathfinder’ is telling Pico where to sign. Behind the latter stand several Mexican officers.”
Here Ballin depicts a triumphant version of Los Angeles’ transition to becoming an American state, casting that transition as dignified and disciplined, when in reality, claims to land and resources were hotly contested for decades after the Treaty of Cahuenga. Some Anglos unlawfully seized land from those holding disenos (land grant contracts issued by the Mexican government), others refused to recognize their legitimacy, and real estate speculators and squatters often flouted existing property claims. That Ballin would offer such an orderly and diplomatic version of events was likely in part to please his corporate patrons from the Title Guarantee and Trust company. The company’s founder, Edwin Sergeant, had been among the first individuals in Los Angeles to issue authoritative titles to real estate holdings using legal documents from both the Mexican and Spanish governments to support land claims from the days of Spanish and Mexican rule. Indeed, the new building had been designed to house the over 1.1 million titles to parcels of land in Southern California held by the company, including a “Book of Disenos” (a survey of Mexican land grants) and records of the acts of the Mexican Ayuntamiento (Council) that preceded the American government. Those documents served as the mechanism through which American understandings of property rights and land ownership had been realized in the region, “guaranteeing” not only individual land claims but also Anglo-American hegemony in Southern California more broadly.1 By depicting the transition to American rule in this way, Ballin thereby celebrates the company’s purpose and reifies its role in establishing American rule, and supporting the development, strength and vitality of the city of Los Angeles.
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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.
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River House Los Angeles 2970 Ripple Pl, Los Angeles, CA 90039
The L.A. Loft Blog is not affiliated with River House
Coming Soon – Now nearing completion, the new River House (formerly known as River Lofts) condominiums will be coming up for sale within the next few months.The project is expected to be much more affordable than lofts in Downtown Los Angeles. While the neighborhood does not have the walkability of Downtown, it does provide a somewhat scenic spot right on one of the most natural sections of the LA River. Instead of graffiti, the spot has water, trees, plants, fish and waterfowl.
Adding to the appeal of the neighborhood are the bicycle path (which is also a somewhat dangerous walking path as the adult bicyclists sometimes speed too fast next to pedestrians, children and pets.) As River House gets ready to start showing soon, the new Marsh Park is already complete next door. The neighboring park is a relaxing oasis with natural settings and exercise equipment. It also has an electric car charging station.
While the opportune river-side complex has a uniquely desirable location, yet suffers from an overall incomplete imagination (no river theme is carried out thus far), and many of the condo units have small windows, some of the units do offer larger windows and balconies facing the river, a rarity in L.A.
Bicyclists are sure to love it. It’s also near Elysian Park, Dodger Stadium, Chinatown, Downtown and Silver Lake.
Request updates, new home information with descriptions, photos, early viewing and $10,000 Savings Certificate.