New Real Estate Developments in Los Angeles
There’s no better testament to growth than the sight of concrete walls being put up, glass doors being opened, and steel trusses reaching into the air. Growth is not just contained in the downtown metropolis. In the suburbs, more and more homes are being constructed as well.
Los Angeles is always on the rise. Here are just some of the new real estate developments you’ll see (or soon see) in the metro area:
- 11660-11674 Santa Monica Boulevard
- The Current at Downtown Long Beach
- Marriot at the Sunset Strip
- Laurel Plaza Redevelopment
This 2.67-acre property on Santa Monica Boulevard will soon be the site of a mixed-used development – or at least according to a proposal recently filed by developer United Oil. The plans feature a 55,000-square-foot grocery store that will be open for 24 hours, along with 166 residential apartments matched by below grade parking accommodations.
This will be the first high-rise building to be constructed at Downtown Long Beach since the Great Recession. Standing 17 stories tall, the high-rise tower will offer 223 studio, one-bedroom, two-bedroom, and penthouse apartments for its residents. Phase two of the development will be a 35-story tower which will be the tallest residential structure in Downtown Long Beach.
The Sunset Strip at West Hollywood will get an added sheen with the development of a hotel and condominium structure. This is the Edition Hotel and Residences, which will offer 148 guestrooms and 20 condominiums in its 13-story building on its north side. The south side will be the site of its sister tower, a 9-story building with a 2-level parking garage.
North Hollywood’s 25-acre Laurel Plaza will soon become a mixed-use development. The development will include over 19,000 square feet dedicated to commercial space, such as restaurants, stores, gyms, and a cinema. Meanwhile 742 studios dedicated to residential spaces will be allocated to 2 building structures with complete amenities such as pools and fitness centers.