The Wilshire/Barrington project long-planned for the northeast corner of that intersection is finally moving forward, developer California Landmark announced today, though it will be a much smaller version of the original 28 story, 78 unit condo tower. The new mixed-use development, renamed the bw, will be a six story apartment building (the rendering looks taller because some of the units are multi-story)--it will still have 78 units, though obviously smaller than in the previous incarnation. The apartments will range in size from 700 to 1,300 square feet, with rents from $2,200 to $4,000. Regarding the original plans, approved in 2004, California Landmark president Ken Kahan said in a release that, "A high-rise condominium tower does not work in today's market." PK Architecture designed the complex, which will have retail facing Wilshire, a zen rooftop garden, a "modernist" lobby, and a full-service gym. Work has already started and California Landmark is shooting for a summer 2013 ribbon-cutting.
· More Wilshire Construction Delays: Barrington Project [Curbed LA]