All posts tagged: 888 olive downtown la

Watch Downtown LA’s New 32-Story Onni Tower Rise Halfway Up in 21 Seconds

Watch Onni’s 32-story apartment tower u/c rise halfway up in just 21 seconds!

Downtown resident, Aileen Viray, sends in this cool time-lapse video she put together — starting last November and ending just last week in February — tracking the progress at 9th and Olive where Onni’s new apartment tower is actively under construction. The high-rise has now risen exactly halfway up with work starting on the 17th floor (out of 32 floors total). Construction has been humming at the site since Jan 2013 just over a year ago when groundbreaking commenced. Vancouver-based Onni Group is developing this new mixed-use apartment tower, currently dubbed 888 Olive St., and will eventually bring to market 283-units for rent and add 11,000 square feet of retail space to the corner intersection.

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Groundbreaking Begins: Onni Group’s New 32-Story 888 Olive St Tower in Downtown LA

Groundbreaking begins today on Onni Group's new 32-story apartment tower at 9th and Olive in Downtown LA (Photo: Ryan Lehman)

Groundbreaking begins today on Onni Group’s new 32-story apartment tower at 9th and Olive in Downtown LA (Photo: Ryan Lehman)

Better late than never right? What was supposed to be a “Dec 1, 2012” groundbreaking for Vancouver-based Onni Group’s 32-story apartment tower at 9th and Olive has been delayed until now, almost two months later. A reader sends in this photo from today that shows construction activity has now finally begun in earnest for the 888 Olive tower. Fencing has been put up around the perimeter and construction equipment and crews were spotted on site performing pre-construction work.

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Groundbreaking Soon: Onni Group’s 888 Olive Apartment Tower in Downtown LA

Signs directing motorist to alternative parking lots were installed this week as Onni Group’s 32-story 888 Olive tower readies for groundbreaking at 9th/Olive

Earlier this year in March, news came that Vancouver-based Onni Group was planning to develop a new 32-story luxury rental-apartment tower (on a surface parking lot) at the intersection of 9th and Olive adjacent to the historic 1926 Coast Savings Building. Plans were to break ground by the summer, but delays are pretty much expected for significant projects of this size. Nevertheless, groundbreaking is expected soon for the new tower, currently named “888 Olive,” as a new construction sign was installed this week to direct drivers to another parking lot around the corner. According to an onsite source, groundbreaking was “supposed to be on December 1, 2012.” So we could see construction fencing and equipment move in by the next week or so.

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