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Gritty, Expensive Living Trend Continues: Factory Place Opening Soon

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Anyone who attended last night's party for the Central City East Business Improvement District got to finally inspect and critique Factory Place, that long-watched live/work rental development, and the latest project from developer/seafood titan Howard Klein, who owns a crop of rental buildings around 6th Street. Matching the neighborhood, the interiors are industrial and purposefully unfinished, and matching the prices of the uber-lofts of Barker Block and Toy Factory, living on the edge will cost you: $250 a square feet. On the upside, there's a pool, forthcoming retail (including an art gallery), and courtyards. Meanwhile, City Councilman Dennis Zine (not his district) and City Councilwoman Jan Perry (nor hers*; Jose Huizar's) were in attendance at the party. Perhaps to support Klein? But missing: Old friends Jack and Sophie, the mutt and German Shepard who used to guard this place when it was a construction site. Inside the gallery: A 1,000 square foot unit asking $2500. Leasing starts in October.
· Factory Place Lofts Dogs Will Bite You [Curbed LA]
· ConstructionWatch: Downtown's Factory Place Lofts [Curbed LA]