[Photo from you-are-here.com]
Another day, another adaptive reuse project is almost done downtown. GlobeSt reports the Chapman building is slated for occupancy this summer, selling 600 sf to 1,300 sf units for $300,000 to $800,000. If you're looking for architectural pedigree, the Chapman is awash in historic cred: built "in 1912, the Beaux Arts building was one of the first high rises in Los Angeles at 13 stories. It is listed in the National Register of Historic Places and is designated a City of Los Angeles Cultural Monument." The developer is really pushing the finishes: restored brass and mahogany elevators, original floor tiles and the requisite stainless steel kitchen appliances. Also, please don't call these apartments. Or even lofts. The Chapman has gone euro on us and refers to its units as "flats."
· Developer Slates Summer Chapman Occupancy [GlobeSt]