The much-loved Coffee Table cafe on Rowena Ave. in Silver Lake shut down this past weekend amid lots of nervous rumors about a new site owner. Piedmont Investment Company had plans to build 60 condos and 1,000 square feet of retail space on the site back in 2006 and 2007 (with a lease for the Coffee Table), but we hadn't heard any news in years. Turns out that Miami-based Fifteen Group (they're behind the Wyvernwood redevelopment in Boyle Heights) bought the property in July, and in a statement today they suggested they'd be going ahead with those plans. This comes from principal Justin Barth: "The City of Los Angeles has approved plans for a mixed-use development on Rowena Avenue. Fifteen Group is pleased to be moving forward with this project, and will be eager to engage with the community over the months to come." We're told that the approval mentioned in the statement refers to entitlements given to the site a few years ago, which most likely means Fifteen will be building something very similar to the old Piedmont plans.
· Silver Lake Coffee Table Closing For Condos? [Curbed LA]
· Coffee Table/Silver Lake Lofts Update [Curbed LA]
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