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A big two-block development is well underway on what used to be a pair of county-owned parking lots south of Cesar Chavez Avenue and west of Olvera Street.
The project will be constructed in two segments. One segment will rise between Hill and Broadway, and the other will sit between Broadway and Spring.
Called LA Plaza Village, the 355-unit development is expected to bring a combination of live/work lofts, studios, and one-, two-, and three-bedroom apartments to the neighborhood that’s sort of a bridge between Chinatown and Downtown. 20 percent of the apartments will be affordable housing, according to the website for architecture firm Johnson Fain, which is designing the project.
The development will also feature 43,000 square feet of space for retail and restaurants along the ground floor, especially along the pedestrian path that cuts through the development, linking it to Hill Street and the Fort Moore memorial, which is now being restored.
The project is being developed by LA Plaza de Cultura y Artes in partnership with Trammell Crow’s High Street Residential and the César Chávez Foundation.
The LA Plaza Village broke ground last summer, and is being constructed by Morley Builders. At that time, developers anticipated completing the project in the summer of 2018.
Correction: An earlier version of this article failed to mention LA Plaza de Cultura y Artes and the César Chávez Foundation as developers on this project.
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LA Plaza Village in #DTLA - concrete is well underway for Block A&B. Block A- on deck level 2 of 5 and B's foundation is almost complete! pic.twitter.com/ED6KH5oNIO
— Morley Builders (@MorleyBuilders) July 18, 2017
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