Since the sale of a 1.8-acre site in the Arts District next to the forthcoming private club Soho Warehouse last spring, there’s been nothing but speculation about what might come to the site. Well, it turns out the Los Angeles-based buyer, Bay Capital Fund, LLC, has hired Long Beach-based Studio One Eleven to design a chic, three-building complex with offices, retail, and residential space.
Newly released renderings from the designers show a "cohesive campus" that includes a tower with 110 live/work units and a rooftop pool deck and amenity space; an office building with rooftop restaurant totaling over 100,000 square feet; open spaces and outdoor paseos; and "a strategically-adapted retail shed structure."
"The buildings gracefully integrate into surrounding architectural context through sensitive massing, materiality and project scaling while establishing a distinct presence in the Arts District," says an announcement from Studio One Eleven.
The whole compound, referred to as 2110 Bay, will be served by three levels of underground parking.
Bay Capital paid $11.5 million for the site located a few blocks south of Santa Fe Avenue and Seventh Street in 2015 and was encouraged by the site’s proximity to a Soho House location. At the time, one of Bay Capital’s brokers said that the property, "looked like an excellent way to be a part of an emerging area."
There’s still no clear timeline for when this project might get underway, but Soho House is expected in late spring, 2017.