Applause: South Park Parking Structure Adding 11,000+ SF New Retail Space in Downtown LA

(Click to enlarge) Rendering of new eateries (with outdoor patio dining) along Hope Street after the ground level parking is converted to retail space (Photo: PSP Investment Group)

(Click to enlarge) Rendering of new eateries (with outdoor patio dining) along Hope Street after the ground level parking is converted to retail space (Photo: PSP Investment Group)

Some very exciting news coming out of South Park that will help enliven the streets just a little bit more. Just two blocks from the Staples Center, an existing parking structure at 11th and Hope that currently houses two restaurants on the ground floor — Il Mare and Arashi Sushi — will be expanding its commercial retail space for lease by another 11,200 square feet. The 5-story parking structure with 598 spaces will be converting the ground level parking area along Hope Street into retail and restaurant space. Essentially, the entire perimeter of the parking structure will be wrapped with commercial spaces with a focus on adding new eateries. You lose a little bit of parking to benefit the growing community with neighborhood serving businesses that make living in Downtown LA enjoyable and convenient. I call that a win-win.

The owner of the parking structure, PSP Investment Group, is already building out plumbing and electrical infrastructure that will be attractive to businesses looking to open in South Park. When looking at the parking structure along Hope Street, the concrete columns that support the structure become the dividing lines between new stores that will open in the future. Each bay between the columns are 1,400 square feet large with a total of 8 spaces side-by-side that account for a combined 11,200 square feet. Of course the amount of stores could hypothetically be 8 separate businesses, but more likely, we’ll probably get several larger stores with each one taking possibly up to two or more bays.

The conversion project is driven by PSP Investment Group’s understanding of the Downtown LA urban market and its need for more ground level retail and restaurants to help activate and enliven the streets with more pedestrian activity. As discussed in an earlier post regarding a new “sexy” parking structure under construction in South Park by the Metropolis project, the need for parking is a necessary evil that even mature cities like SF and Chicago have to deal with. But every single parking structure downtown should strive to address the street with ground level retail that helps generate pedestrian activity making the community walkable. The fact that PSP is proactively doing this should be applauded and my hope is that more and more parking structures will be upgraded in the same way.

If you are a business looking to open in South Park and would like more info about this project, please feel free to contact me!

The 1111 S Hope parking structure is located on the southwest corner of 11th/Hope and is just two blocks from Staples Center/LA Live

The 1111 S Hope parking structure is located on the southwest corner of 11th/Hope and is just two blocks from Staples Center/LA Live

This ground level parking area will be converted to new retail space totaling 11,200 square feet

This ground level parking area will be converted to new retail space totaling 11,200 square feet

New electrical and plumbing are being installed including hook ups for bathrooms

New electrical and plumbing are being installed including hook ups for bathrooms

Each bay between the columns is approximately 1,400 square feet large

Each bay between the columns is approximately 1,400 square feet large

The existing cement stretch with landscaping (between the public sidewalk and parking structure) will be available for outdoor patio dining for eateries

The existing cement stretch with landscaping (between the public sidewalk and parking structure) will be available for outdoor patio dining for eateries

Once the new businesses are open in the future, this stretch of the parking structure will help activate the sidewalks with pedestrian activity

Once the new businesses are open in the future, this stretch of the parking structure will help activate the sidewalks with pedestrian activity

9 responses to “Applause: South Park Parking Structure Adding 11,000+ SF New Retail Space in Downtown LA

  1. Used to have monthly parking in that structure and that ground floor was underused for parking, besides being dark and dank. This is an excellent re-use–as long as you can get some tenants into the space. I note much of the retail space in Luma across the street remains empty.

  2. Now we can eat and shop in an incredibly ugly structure dedicated to car culture. Time for a parking structure-only ban in DTLA.

  3. Excellent idea! Hope it works long term. Downtown could use more of the same.

  4. This should be written into the zoning code for parking garages downtown, along with some requirements that the top floors are designed to visually obscure the dead space a little bit (false window frames, ivy, etc.)

  5. Since it’s south park why not put some LED screens on the structure. I’m sure it would look a lot better then seeing it as a parking structure.

  6. We’re always talking about the need for more green space. Why not apply that here, vertically?

    http://arquitectonica.com/geo/portfolio/ballet-valet-parking-garage/

  7. Great article and good message to spread out to other cities/developers. Alhambra is building a 5-story parking structure on First St. just north of their busy Main St. This idea should have been implemented there since that new structure is so close to all the CBD shops, eateries, and clubs. Wasted opportunity on a long-term investment IMO…

  8. Please DO NOT use that ugly 80’s green on the awning and window frames! !

  9. I always thought this is what they need to do the J2 parking structure on Flower across from the Bonaventure to eliminate that dead zone and help remove the fortress mentality of the 70s / 80s buildings.

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