Here’s the latest rendering for the Coffee Table/Silver Lake Lofts development on Rowena Ave. The land was listed for $10 million last summer, but has since been taken off the market, according to Paul Pagnone, president of Piedmont Investment Company, which is developing the 60-unit condo/retail project. (And no, Coffee Table isn't shutting down, despite rumors to the contrary.)
As for the development’s 1,000 square feet of retail space, Pagnone tells Curbed he’s thinking of a newsstand, flower store or other “pedestrian-friendly store.” “Something like a Rita Flora,” says Pagnone, referring to the La Brea flower store/café. But our favorite news: Coffee Table will have 36 new parking spaces, a much-needed improvement over the hellish wedge of a parking lot currently in place. Demolition on the whole thing starts this summer.
· Coffee, Tea, or Mixed Use Development Opportunity? [Curbed LA]
· Piedmont Investment Company