South Park has been seeing quite a bit of action lately (shovels in at both the Libeskind-killing Avant apartments and the double Marriott), but now comes the good stuff: a high-rise! The 22-story tower formerly known as iHope will break ground in September on the site of a current parking lot at Eighth and Hope, according to a press release today from owners Wood Partners.
The project will have 290 one- and two-bedroom apartments with "floor-to-ceiling glass," balconies, and "high-end interior finishes," along with an elevated pool deck with "oversized pool," and a rooftop deck "overlooking the Staples Center and LA Live to the southwest and the high rise buildings of the Central Business District to the north." There will also be 5,000 square feet of groundfloor retail and six levels of parking (two underground).
When the project was originally conceived in the late aughts, it was named iHope (a decade too late there, guys), but the release doesn't mention that, only that "The project will be modeled after [the developer's] Glass House Dallas ... and its 393-unit high-rise condo project, Glass House Denver," so perhaps you can draw your own naming conclusions from there. Leasing is set to start in summer 2014.
· Is Eighth & Hope's Former iHope Tower Coming iBack? [Curbed LA]