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Santa Fe's Big Plans

More info on One Santa Fe, a 440-unit rental building opening in downtown's Arts District. According to Globe St., the project will offer 55,000 square feet of ground floor retail, as well as parking for 800 cars in two separate on-site garages. The project will be done in the distant-sounding year of 2010. And via Angelenic, here's a photo of the development. Seriously, we don't know what we're looking at. A shiny train? A giant glow worm?
· McGregor Raises $28M to Develop Apartments [Globe St.]
· New Arts District Project Announced [Angelenic]