South Park in Downtown LA just keeps getting hotter and hotter! Recently announced are a slew of new proposed shiny high-rises set to break ground in the next year or so that will give our growing skyline a major shot in the arm — how exciting! Now let’s add another tower to the mix, this time at the northeast corner of 9th and Hope also in South Park (directly adjacent to the u/c boutique “Empire Hotel“). The new 33-story residential tower — to be called “888 South Hope” — will be developed by CIM Group, which just recently purchased Two Cal Plaza on Bunker Hill and also developed the Market-Gas Company Lofts across the street.
The new high-density project will happily replace an existing boring surface parking lot (i.e., dead zone) and will be completed in two phases: a 6-story mixed-use parking structure along Hope Street and the 33-story tower itself at the very corner. The pedestrian-unfriendly parking lot is just over an acre in size (~46,500 square feet) and takes up over half of the entire length of the block between 8th and 9th.
A building notice sent to neighboring Sky Lofts residents yesterday provided information that “grading” is expected to begin this week on the project site and that Sky Lofts residents will no longer be able to use the cut through passage that allowed access through the parking lot.
According to the same notice, 888 South Hope will have 526 apartment units for rent and the attached 6-story parking structure will have (unspecified) rooftop amenities. But we should expect to see a pool, clubroom, BBQ deck, cabanas, fire pit, etc. similar to other luxury high-rises in Downtown LA.
Work will begin on the parking structure first while the more exciting tower portion looks like it’ll come later, unfortunately, as brand new white parking stripes were painted yesterday in the lot where the tower is supposed to go signaling that the lot will still be used for public parking for at least awhile longer.
It’s not clear exactly how much retail will be included in the new parking structure, which is centered around mid-block. That’s quite a bit of street frontage, so hopefully we’ll be getting a substantial amount of retail helping to activate Hope Street and forming a stronger pedestrian urban connection between South Park and the Financial District.
CIM Group’s 888 South Hope was first proposed back in the early-to-mid 2000s not as a 33-story tower but a 42-story one at 490 feet tall. The original version, dubbed “9th and Hope” or “Park Tower” at that time, was designed by now defunct Kanner Architects. The design was really one of the most striking new high-rises proposed in Downtown LA with a mid-century aesthetic clad in an olive-green glass that exuded urban sophistication akin to Manhattan or Chicago. We can only hope that the new tower’s design, still unseen, will retain some elements of the original design.
Although the website is not live yet, future info for the tower will be parked at www.888hope.com.
Original Kanner Architects Rendering