downtown los angeles, south park
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New Renderings Reveal Lots of Ped-Friendly Retail Coming to 888 S Hope in Downtown LA

New renderings of the new 888 S Hope tower rising in South Park show lots of retail that will help activate this stretch of Hope Street in Downtown LA (Photo: RTKL)

New renderings of the new 888 S Hope tower rising in South Park show lots of retail that will help activate this stretch of Hope Street in Downtown LA (Photo: RTKL)

It’s been three months since¬†construction first began on the parking structure that will be attached to the new and exciting 888 S Hope, a brand new 33-story residential tower about to break ground later this year in burgeoning South Park. Being developed by LA-based CIM Group, new renderings from RTKL — the architect firm designing the project — show lots of retail space on the ground floor of both the parking structure and the tower itself. As you can see in the renderings (above and below), ample retail space will face Hope Street and wrap around the tower along 9th Street bordering the upcoming boutique Empire Hotel.

The auto-oriented driveway for the parking structure is supposed to be placed on Hope Street adjacent to the tower, but with so much retail, the entire project will still act as a strong pedestrian connection between South Park and the Financial District working in concert with the Market Lofts and the brand new 8th and Hope tower across the street. The parking structure is scheduled for completion in summer 2015 and the tower is slated to break ground this fall 2014 (possibly in late September) finishing up in 2016.

Something to keep in mind: Before the downtown renaissance began, this entire block on Hope Street was pretty much made up entirely of surface parking lots, which obviously meant the area was desolate and devoid of life. Today, the block is shaping up nicely and within the next couple of years when 888 S Hope is completed, we can say this block has finally “arrived.”

A view of the new 33-story residential tower set to break ground in South Park later this year that will help activate this intersection with increased pedestrian activity (Photo: RTKL)

A view of the new 33-story residential tower set to break ground in South Park later this year that will help activate this intersection with increased pedestrian activity (Photo: RTKL)

7 Comments

  1. Dion says

    I like this one A LOT! Even the garage is elegant and great to see the much needed retail.

  2. Lawrence says

    Nice looking building and will be great to see this stretch lined with retail. Now if only we can see the old ground floor office spaces across from Grand Hope Park activated in the same way.

  3. John G. says

    Great building and retail frontage below parking. I don’t find the parking structure itself appealing and takes up a large land footprint. This area could have accommodated another tower in the near future but now that the parking structure robs this opportunity, the airspace above will be underutilized for decades to come.

    I understand this isn’t Manhattan, but we also need to focus on land sustainability issues and get the suburban mindset out of downtown.

  4. Sebastian says

    John is right what happens when DT reaches 500,000 people or more and then there’s no more parking lots, byby 5 floor buildings.

  5. carter says

    Keep in mind that the parking structure may ultimately become a temporary use, meaning for less than 20 years, and that it would eventually be demolished for that ultimate hi-rise tower that belongs there. Parking provides very good income for modest investment, and is a great holding of real estate tool.
    CIM knows this very well.
    Looks great – build it!

  6. Clark says

    The parking garage activates a ground floor street scene while keeping some limited views from the adjoining tower(s) instead of side by side buildings looking into each other’s windows.

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