As the Arts District in Downtown LA continues to grow with the addition of more dining and retail — Stumptown Coffee, Eat.Drink.Americano, Poketo, and Apolis: Common Gallery to name a few — the next exciting game changer on the horizon that will have the single largest impact on the burgeoning urban neighborhood is the $160 million One Santa Fe mixed-use project being developed by three entities forming “One Santa Fe PMC, LLC” (“PMC” includes Polis Builders/Nick Patsaouras, The McGregor Company/Bill McGregor and Cowley Real Estate Partners/Chuck Cowley) with two financial partners (Goldman Sachs and Canyon-Johnson Urban Fund).
Located on the very eastern edge of the Arts District next to the LA River and MTA rail yard, One Santa Fe broke ground in early 2012 and has been actively under construction over the past year. At six stories tall, on four acres of land, and a quarter of a mile long — stretching all the way from First to Fourth Street — the long and narrow One Santa Fe mega project will add 438 apartment rentals to the downtown housing stock.
In addition, there will be over an acre of public outdoor space (50,000 square feet) and close to 80,000 square feet of commercial space with plans to bring in more dining and retail, office leased to Metro, a 99-seat theater in partnership with SCI-Arc, and possibly a new grocery store (we all want a Trader Joe’s right?).
One of the most exciting features of the One Santa Fe project includes a possible new future Arts District metro station (an extension of the Red/Purple Line from Union Station), which entails a pedestrian bridge that would link from One Santa Fe to a new station platform to be built in the rail yard. Construction on the new Arts District station will likely be wrapped into a new “turn-back” project seen as a necessary upgrade to allow for increased train service frequency (2-minute rush hour headways) for the future Purple Line Westside Subway Extension to UCLA/Westwood.
Due to its sheer size, when One Santa Fe opens later next year, it will add a significant injection of energy into the Arts District helping to develop an even more vibrant and attractive urban neighborhood for both residents and visitors alike. Being right across the street from SCI-Arc, it’ll probably become a popular option for some students and faulty who wish to live across from campus (20 percent of the project will be affordable).
Designed by renowned LA-based architect Michael Maltzan, One Santa Fe’s long and narrow form and design “echoes the strong, linear forms of the surrounding regional infrastructure, including the Los Angeles River, nearby rail lines, and the former [Santa Fe] freight depot that is now SCI-Arc.”
Construction is slated for completion by October of 2014.
Renderings of One Santa Fe designed by Michael Maltzan