Here are the new construction projects of Condos, Lofts and Apartment in Downtown Los Angeles.
NEW CONDOS AND APARTMENTS COMING UP IN 2016
Ten50, one of the most anticipated projects to open in 2016. It is a 25 story condominium project at 1050 S. Grand Ave. in South Park. The developer is San Francisco based Trumark Urban and is slated to open in October 2016. It will have 151 one and two bedrooms condos with amenities such as pool deck a state of the art gym and a screening room.
CHINA TOWN DEVELOPMENT
BLOSSOM PLAZA a massive development project is a five story complex from developer Forest City that will bring 237 studio to 3 bedroom apartments to a key strtch of Broadway next to the Metro Gold line station with 53 of the residences set aside for low income individuals and families. The $100 million project will also feature 19,000 square feet of retail space and a 17,000 square feet of public plaza and walk way that connects the Gold line station to Broadway.
METROPOLIS MEGA PROJECT
The $1 Billion Metropolis mega project just north of LA Live continues to rise. Its first phase, consisting of an 18 story Hotel Indigo and a 38 floor condominium tower is scheduled to open by the end of the year. Metropolis will add major residential and retail life to a quiet corner of Downtown bringing more than 70,000 square feet of shopping and restaurant space to two levels off Francisco Street.
The first phase condos are already 65% sold according to developer Greenland USA. The project will also play a vital role by helping activate the stretch of western downtown between LA LIVE and the financial district. A second phase consisting of 40 and 56 story condo towers is slated to debut in 2018. condo prices start at $500,000 and can go as high as $3 million plus.