downtown los angeles, south park
comments 14

Meet 8th+Hope in Downtown LA: South Park’s New Gleaming 22-Story Glass Apartment High-Rise

8th+Hope is a new gleaming glass tower in South Park adding 290 rental units to the downtown market

8th+Hope is a new gleaming glass tower in South Park adding 290 rental units to the downtown market

Almost two years after developer Wood Partners first began construction, the new 8th+Hope apartment tower began accepting resident move-ins earlier this month in August. Designed by Atlanta-based The Preston Partnership, the modern gleaming tower clad throughout in blue-green glass rises 22 stories high and adds another 290 rental units to the market including: 1, 2, and 2½ bedrooms with square footages ranging from 707 to 1,634. Every single unit gets a private balcony. Impressive.

With pretty much all residential properties in Downtown LA at near-full occupancy, that bodes well for filling in 8th+Hope as demand for living downtown remains strong. At 290 units, that translates to another 400+ residents that will be added to our growing population downtown, which will help activate the street below with increased foot traffic from more full time residents (and their friends and family who come visit them). This in turn, will continue to help drive the momentum to attract more businesses and residents to move downtown.

8th+Hope will offer residents all the amenities you’d come to expect from a full service luxury apartment tower. The building comes equipped with a gym that includes weights and cardio machines, outdoor pool with cabanas and bbq grills, a resident lounge with a bar and screening room, and a rooftop retreat that includes more places to lounge (surrounded by the beautiful Downtown LA skyline) and even a dog run as well, which could help reduce pet waste on our sidewalks down below on the street level. And speaking of the ground floor, the building’s lobby also includes another lounge with plenty of seating that will offer WiFi and also double as an art gallery exhibition space to be programmed regularly called “The Ground Floor Project.” Their first show will launch on Sept 5, 2014 with artist Bettina Hubby’s interactive installation.

8th+Hope plays a very significant role in the revitalization of Downtown LA. Not only is it one of the best designed new residential towers with a fully concealed parking podium that blends in almost seamlessly with the tower itself (instead of sticking out like a sore thumb like some projects in downtown that will remain nameless for now), but it also helps to stitch together South Park with the Financial District along Hope Street from both an aesthetic and pedestrian level. With 5,000 square feet of retail below that will eventually be filled in with, likely, a new restaurant, 8th+Hope will help activate this once desolate corner with new energy and life.

For floor plans and pricing, check out 8th+Hope online.

Before

I took this picture back in Sep 2012 of this anti-pedestrian ugly surface parking lot at 8th and Hope in Downtown LA

I took this picture back in Sep 2012 of this anti-pedestrian ugly surface parking lot at 8th and Hope in Downtown LA

After

That same ugly surface parking lot is now a gleaming new 22-story apartment high-rise adding 290 units of housing to Downtown LA

That same ugly surface parking lot is now a gleaming new 22-story apartment high-rise adding 290 units of housing to Downtown LA

All photos below courtesy of 8th+Hope via GoToMyApartment.com

Every unit comes with its own private balcony

Every unit comes with its own private balcony

The resident lobby and lounge, which will also act as The Ground Floor Project with rotating art exhibitions

The resident lobby and lounge, which will also act as The Ground Floor Project with rotating art exhibitions

The resident lounge on the ground floor will have WiFi

The resident lounge on the ground floor will have WiFi

Most of the tower has paid attention to design details where even the mailbox area looks sleek

Most of the tower has paid attention to design details where even the mailbox area looks sleek

The outdoor pool, cabanas, and bbq grills

The outdoor pool, cabanas, and bbq grills

A two bedroom model

A two bedroom model looking out to Hope Street

A two bedroom model looking out to Hope Street

The kitchen with spectacular views of Downtown LA

The kitchen with spectacular views of Downtown LA

Another view of the living room area with bedroom behind

Another view of the living room area with bedroom behind

Master bathroom

Master bathroom

Another view of the large master bathroom with walk-in closet

Another view of the large master bathroom with walk-in closet

The spectacular views from the private balcony

The spectacular views from the private balcony

14 Comments

  1. carter says

    Are rents in the $3.00 per foot range, aka that 700 sq. ft. single might rent for around $2,000 per month?
    Nice project, and definitely fills in a void in an area of DTLA that needed connecting of some dots.

  2. Regarding your comments on the previous use of this property, last month I was at an investment presentation that included a REIT that specialized in parking lots. Not only was I not impressed by the presenter, nor the executive from the REIT who said a few words, but I thought, “If I put my money into this program, the folks at Streetsblog will think, ‘Oh no! He’s gone over to the Dark Side.'”

  3. Topher says

    Love that it will activate that corner. Like the glass exterior but don’t care for the podium and street levels. Bland. Doesn’t draw your attention. The interior is beautiful.

  4. David says

    I live next door, and I’m looking forward to hear who eventually moves in to the retail space on the ground floor. Keeping my fingers crossed for a small gourmet market (I think I read a rumor that may happen on this Website…), but a restaurant is probably more likely.

    What’s the deal on the dog run? Is it open only to residents? I didn’t see anything resembling an area for dogs on the outside…

  5. Amanda says

    I like the overall concrete and glass design much more than other new buildings going up. *cough* One Santa Fe *cough* but these rental prices are insane for these tiny units. DTLA development of residential should not be focused on $3000 a month studios and $8000 a month penthouses. If you can afford that I agree with above comment, you’ll just buy a condo.

  6. Jason says

    The construction group have been obnoxious “temporary” neighbors during the build. I can’t wait to see how the residents will be.

  7. Philz Coffee would be a nice addition to the neighborhood. I’m next door at Market Lofts, and we’ve been waiting for this building to be finished for about two years. I think it turned out great. With the new high-rise under construction across the street, the Bloc well underway, and so much activity in the adjacent areas… These are going to be hot units. They look fantastic too. Can’t wait to meet the new neighbors.

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