From the developers who brought us the Pacific Electric Lofts, ICO Development is preparing to open their latest residential adaptive-reuse project called The Broadway Lofts located just down the street from the revitalized Grand Central Market. The 6-story historic structure was built in 1906 as the Bumiller/Campbell Blake Building and sits between 4th and 5th Street on Broadway in a section that could definitely use the economic injection. I am told the new 3,200 square foot retail space will eventually be leased to a high quality retailer or restaurant that will add something great to this stretch of the block.
After 2.5 years of planning and construction, ICO has successfully converted the once fully commercial structure into 58 new live-work lofts for rent with 11 different layouts ranging in sizes from small 355 square foot micro-lofts to larger 1,595 square foot two-bedroom townhomes.
Designed by DTLA-based architect firm Omgivning, the property’s historic qualities — like its beautiful brick walls and original tiled floors — have not only been restored but tastefully complemented with new modern design elements incorporated into the building. The most compelling new design feature is the use of the building’s original two light wells as outdoor entrances for some of its internal facing units. When viewed from the 2nd floor courtyard below looking up, the outdoor bridges and colorful windows frame what look like a sun glistened Piet Mondrian painting.
The Broadway Lofts will have a rooftop deck with a small fitness center, an urban succulent garden, and a barbecue grill area with plenty of seating for outdoor entertaining. The view of the downtown skyline along with the historic structures that line Broadway is definitely eye candy for urbanphiles like myself.
Rents will range from about $1,250 to $3,500 depending on size layout, what floor you’re on, and whether or not you get city views. Washer and dryer comes with every unit. There are 19 limited parking spots available on a first-come, first-served basis at $200 a month. To view all floor plans in the building, check out The Broadway Lofts website.
Examples of live-work lofts
The beautiful light wells