In the span of only about six years, the corner of Ninth and Grand in North South Park has turned from desolate to vibrant, thanks to the Market Lofts, a Ralphs grocery store, and a slew of adjoining restaurants and retail, with work now accelerating on the Embassy Hotel conversion and two mixed-use towers (Eighth and Hope and Onni) sprouting nearby. Now add a third tower to that list: ground breaks soon on 888 South Hope, a 33-story, 526-unit residential tower and adjacent six-story mixed-use parking garage with retail at the bottom and "rooftop amenities" on top, according to Brigham Yen.
The CIM Group project will fill in the last remaining surface parking lot in the immediate vicinity. Neighbors have already received reports that work is beginning on the garage this week, with tower work to follow. This spot has long been eyed for high-rise development, with a glassy green design from Kanner Architects making the rounds back in the aughts. That iteration died in the recession and it's not clear who's designed the current version.
· 888 South Hope: CIM Group's New 33-Story Project Preparing for Ground Breaking in Downtown LA [BY]