Downtown continues to expand west; City West, that is. In case you were wondering (we certainly were), "City West" is the name of the neighborhood just west of downtown, across the 110. But we digress...
The L.A. Downtown News informs us that a new 204 unit luxury rental apartment building is slated for development over two blocks flanked by 1st Street, Beaudry Avenue, and the 110. This project would be the second among a cadre of forthcoming projects in City West (the first being The Medici) where residents will have the opportunity to pay $1200+ per month for views of the freeway downtown. Residents will also have the privilege of living across from LAUSD's infamous Belmont Learning Complex.
Tentatively known as Broadstone Los Angeles, this project is being developed by a company new to the downtown L.A. market, Alliance Residential Company. Being a Phoenix-based developer, Alliance surely has its finger of the pulse of the downtown housing market.
·City West Rush Continues [L.A. Downtown News]