Downtown LA Parking Lot Next to Chapman Lofts at 8th/Spring Looking for High-Rise Developer

A large parking lot adjacent to the Chapman Lofts at 8th/Spring is being marketed to developers for high-rise construction (Photo: Chris Dikeakos Architects)

A large parking lot adjacent to the Chapman Lofts at 8th/Spring is being marketed to developers for high-rise construction (Photo: Chris Dikeakos Architects)

Walking along Spring Street between 7th and 8th is still sort of a bummer for a pedestrian. It’s one block along an otherwise vibrant Spring St that’s in serious need of help because it’s rudely interrupted by a bunch of ugly surface parking lots and a serious lack of ground floor retail activation. In other words, it’s pretty dead. Even so, some early signs of positive change for this block include eateries like Juice Crafters and Fresh Panini as well as the forthcoming Spring Ivy next to the renovated Corporation Building into creative office. Oh, and we’re crossing our fingers that the new CVS at 7th/Spring won’t turn into another “Ride Aid” (looking at you 5th/Broadway). But what about those pesky parking lots that suck pedestrian life out of city blocks? That’s why I’m super excited to learn that one of the largest parking lots left along Spring St (at 8th adjacent to the 168-unit historic Chapman Lofts) is now being marketed to developers in search of “one of the last remaining development sites in Downtown Los Angeles.”

According to a marketing brochure produced by real estate broker Ed Rosenthal of New Downtown Brokerage and co-listing broker Christopher Cooney of Newmark Grubb Knight Frank, the approximately 39,000 square foot surface parking lot on the northwest corner of 8th and Spring — catercorner to some of the hottest new restaurants in Downtown LA like Terroni and Peking Tavern — could become a high-rise development with 257 residential units with ground floor retail. The rendering provided by Vancouver-based Chris Dikeakos Architects shows a modern tower rising up to 34 stories. The current approved entitlement for the project expires in 2017 with a possible two year extension. So basically that means “developers come and get it!”

Surrounded by new economic activity all around (one block from the new Urban Outfitters at the Rialto Theatre), this new potential residential mixed-use tower will play a vital role in helping to bridge the Historic Core and Fashion District. Not only would it help strengthen the north-south pedestrian connection along Spring Street, but also the east-west alignment along 8th Street, helping to funnel more pedestrians onto Broadway, which is rapidly becoming the next hottest street in Los Angeles with new exciting stores opening, a facade lighting project coming, and a road diet with pedestrian plazas akin to those in New York.

The faster a developer purchases this lot, the faster we might be able to see something big finally rise here. This is one of the worst parking lots left in the Historic Core, so I’m glad to see it could go bye bye.

A large parking lot adjacent to the Chapman Lofts at 8th/Spring is being marketed to developers for high-rise construction (Photo: Chris Dikeakos Architects)

A large parking lot adjacent to the Chapman Lofts at 8th/Spring is being marketed to developers for high-rise construction (Photo: Chris Dikeakos Architects)

The new tower will not only add more residents to a growing downtown population but also increase commercial retail space along both Spring and 8th injecting more life into a burgeoning intersection (Photo: Chris Dikeakos Architects)

The new tower will not only add more residents to a growing downtown population but also increase commercial retail space along both Spring and 8th injecting more life into a burgeoning intersection (Photo: Chris Dikeakos Architects)

A look at the potential improvements to the sidewalks along the project's perimeter (Photo: Chris Dikeakos Architects)

A look at the potential improvements to the sidewalks along the project’s perimeter (Photo: Chris Dikeakos Architects)

19 responses to “Downtown LA Parking Lot Next to Chapman Lofts at 8th/Spring Looking for High-Rise Developer

  1. Agreed development here would help a dead stretch of Spring. Have you heard anything about the parking lot at the NE corner of 9th and Hill that was also entitled for high rise development during the previous boom? There was some talk about a park there but haven’t heard anything recently about the site. The other really blighted site is the building that burned in 2008/09 at the NE corner of 4th and Broadway. That is such a prime location it is a shame that the owner keeps it in shambles.

    • There have been plans floated around for that lot the last few years. One was a kind of mini-mall thing, but that was older. There may been newer renderings last year, but don’t quote me on that.

    • The fashion district could definitely use a park.

      I hope the city has the foresight to buy a parking lot, or a couple blighty low rise buildings somewhere between 9th and Venice before every single block is re-developed (seems to be happening pretty rapidly these days!)

  2. Let’s hope it’s condos. A whole generation of potential buyers may have to move out because there are 5,000 rentals under construction and no for-sale units.

  3. While I’d love to see this come to fruition, I’m not holding my breath. The lot will sell, but we’ll end up with another downsized project like 8th & Grand, Park 5th and so many others. I see another TCA masterpiece in our future!

  4. Actually yes more for-sale product is needed.

  5. I wrote about this corner once! Fun fact: it housed the city’s National Guard armory until 1914, and has been a surface parking lot since 1938.

  6. I really like this, particularly how it doesn’t totally infringe on the Chapman Lofts tenants views out their windows (which it totally has the right to do).

  7. Sweet! That lot and the one across Spring St (plus the one across from Terroni) cause a big disconnect between 7th and 8th streets..

  8. I Like Buildings

    This corner has been quietly shopped around for over a year. It was way overpriced but with new brokers, maybe something will happen this time. I think a good buyer would be the Onni Group since they are using the same architect for all of there projects.

  9. I Like Buildings

    Crap – I misspelled their.

  10. Don’t hate me for saying this..but we do need a few surface lots. When you drive into the historic core it’s great to be able to park in one of the lots that charges in 15 minute increments so you can run a quick errand. Driving into a underground lot of a building almost always costs more and is more time consuming.

  11. The first floor is retail, yet it would appear that the 2nd – 5th floors would be parking, providing a platform with pool on its roof, then the apartments in the tower above. Hopefully I am understanding these renderings correctly.
    Not in love with above-ground parking, but it allows for air/view space for Chapman Lofts, which is good for those residents as well as for those who will reside in this project.

  12. Want a park? Go to the valley, they have plenty. Downtown has enough parks.

  13. Id rather have a surface lot than this ugly piece of soulless shit.

  14. It looks like some work may have started (likely just prepping the lot for sale), as the Taco House located in the Southwest corner of the lot was razed over the weekend.

  15. Wow! This is where the Info is at on this Project! Very much needed spur for commercial growth on S. Spring St./ S. Broadway St.! Its gonna make this neighborhood look GREAT!

  16. GREAT Design with GREAT VIEWS!

Add Your Thoughts