We heard the news back in April that the parking lot at Ninth Street and Hope in North South Park would be sprouting a 33-story tower from prolific developer CIM Group, but we've had to wait until today to get a good look at it. As seen on Brigham Yen, the designs from architects RTKL show retail facing both Ninth and Hope in every possible groundfloor space, from the tower to the mixed-use parking structure (car levels sandwiched by retail on the ground floor, resident amenities on the roof).
Between the FIDM, the Ralphs, nearby restaurants, and the pricey 8th + Hope up the block, which will see move-ins this summer, there's sure to be plenty of foot traffic for the new shops when they open. The parking structure's expected to wrap construction next summer, and the tower should break ground in the late fall of this year and be ready sometime in 2016.
· New Renderings Reveal Lots of Ped-Friendly Retail Coming to 888 S Hope in Downtown LA [BY]
· 33-Story Rental Tower, Mixed-Use Garage Headed to NoSoPa [Curbed LA]