South Park's got megaproject Metropolis and mixed-users aplenty in the works right now, and then there's developer Mack Urban's six-acre planned community at Pico and Grand, which is supposed to have all the "all the bells and whistles" that millennials adore. Now we're starting to learn exactly what those bells and whistles will be: The $750-million project will comprise *four buildings (two towers!) designed by LA firm AC Martin—three residential (both rental and much-needed condos), and one hotel—on adjacent sites.
The hotel and one apartment/condo tower would be bordered by Grand, Olive, and Twelfth Street, while the other two buildings would be on a site marked off by Pico, Olive, and Hill Street.
The new development is also seeking to "put the park back in South Park," as one Mack Urban official put it, by adding several green spaces around the towers, designed to be inviting to pedestrians. It's the first Downtown development to give so much attention to generating urban greenery. If there aren't any setbacks with approvals, phase one of the project could break ground by the end of the year and the last phase should be finished by 2024.
· Mack Urban Plan Envisions More 'Park' in South Park [LADN]
· Ready-Made, Millennial-Friendly Village Slated For South Park [Curbed LA]