The historic Douglas Building, built in 1898 on the corner of 3rd St. and Spring St., is getting revamped into 50 ?New York-style? loft apartments (we hope it forgoes those horribly tiny galley kitchens.) The conversion combines historic details with modern conveniences: if you?re imagining exposed brick walls, high ceilings and hardwood floors with sleek stainless steel kitchens, you?re on the right track.
One- and two-bedroom lofts for sale vary in size from 735 to 1,275 SF. Penthouses complete with mezzanines accessible via spiral staircase top out at 1,450 SF. The building?s broad, curved window on 3rd and Spring makes for some especially yummy interior spaces for the corner units. Perhaps best of all, lucky residents will be just steps from the Grand Central Market, which means there is no shortage of polyethnic eats nearby.
· Douglas Building Lofts[DB Lofts]
· Downtown Housing Demand Feeds a Bloom in High-Rises[LA Times]