Olympic Tower Los Angeles

OlympicTowerLA.com  811 W Olympic Blvd, Los Angeles, CA 90015

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A new mixed-use hotel, retail and residential building development is under way in Downtown Los Angeles on Olympic.  Across the street from The Ritz-Carlton, the new building will replace what is currently Downtown’s most convenient car wash.  The cars of DTLA will get a little dirtier as there are no other quick drive-through car washes in the booming neighborhood.

With some unusual features including a weird pinch in the middle, Curbed LA calls the new building design “bonkers”.

At the end of 2015, plans were unveiled for a redevelopment of the Downtown Car Wash in South Park, Olympic Tower 60-story tower with LED signs and live plants interwoven into its exterior, along with a rooftop garden.  374 residential units, 33,500 square feet of office space, a 10,800-square-foot conference center, and more than 65,000 square feet of restaurant and retail space will join a 373-room hotel.

Architecture firm Nardi Associates says that the building will feature a structural grid with live plantings, like a gigantic “urban tree”.  An open-air atrium will be encased by a metal structure with a sloping roofline, so the highrise will have a sharp roof instead of a helipad.

In 1980,  the car wash developer paid only $525,000 for the parcel. By 2005, the land was valued at $2.4 million. In 2014, developer Ben Neman bought the parcel for $25 million.

The building’s height means that it would block views of the Hotel Figueroa. There is no word on whether the residential portion will be rental or condo, but rental is more likely based on what most other developers have been choosing.

Be among the first to find out if the new highrise will contain rental apartments or condominiums for sale. Get Olympic Tower updates in your email. Fill out the online form:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

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Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 Not associated with the home owner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.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.

Newberry Lofts Building Downtown Los Angeles Arts District

NEWBERRY LOFTS FOR LEASE  |  NEW LEASE LISTINGS  |  UNLISTED LOFTS

900 East 1st Street, Los Angeles, CA 90012

Newberry Lofts in the Arts District of Downtown L.A. was originally the main warehouse for JR Newberry Co, a Los Angeles grocery store chain that housed a candy store, blacksmith shop and restaurant. The building is eligible under Criterion C of the U.S. National Park Service as a representative example of industrial warehouses at the turn of the century. The renovated lofts for lease feature exposed brick walls, floor-to-ceiling windows, city views, granite kitchens, baths and some customized features. Because the building has been home to many students of the nearby Southern California Institute of Architecture, the units vary greatly on how much or how little they have been modified and upgraded.

NEWBERRY LOFTS FOR LEASE  |  NEW LEASE LISTINGS  |  UNLISTED LOFTS

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]   

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

IN THE HEART OF THE ARTS DISTRICT

The classically converted warehouse offers high ceilings, large wooden beams and accent brick walls. There is a very wide open living areas, so tenants may bring their own creativity and possibly make customizations. Some of the loft rental homes have new all electric kitchens, updated bathrooms, durable concrete floors and industrial heating and air conditioning. Tenants in the upper floors can relax and enjoy the amazing city views in in the middle of the highly desirable Arts District.

ABOUT JR NEWBERRY

J. R. Newberry was the pioneering founder of one of the first Los Angeles grocery chains. He is also known as one of the organizers of the Merchants and Manufacturers Association, as well as one of the first directors of the Chamber of Commerce. He was part of a group of local business leaders instrumental in bringing in the Santa Fe Railroad to the area. By this time, the Flats, as the lowlands along the Los Angeles River were called, developed into the warehouse district. The J. R. Newberry Company was one of four early buildings in the district, predating construction of the 1st Street Viaduct. Character-defining features of the warehouse include its location and close proximity to the Atchison Topeka & Santa Fe Railroad rail yards, the simple plan, relatively plain wall surface, random placement of the fenestration and the use of brick as a construction material.

Parking is available, and may be included with some units. Dogs and Cats are now accepted, subject to management rules.

Newberry Lofts apartments is two blocks from Sci-Arc,  close to the 101 Freeway,  walkable to Little Tokyo Village, near grocery, restaurants and shopping.

NEWBERRY LOFTS FOR LEASE  |  NEW LEASE LISTINGS  |  UNLISTED LOFTS

To see Newberry Lofts and other Arts District lofts for lease, call (213) 880-9910.  Request new listings.

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Newberry Lofts Kitchen

Not affiliated with Newberry Lofts owner or management.  Corey Chambers, Broker, dRE#01889449

Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Broker  CalDRE 01889449. 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.