The Historic Core’s development frontier is flourishing, with the neighborhood’s first skyscraper on the way and property owners eagerly positioning their properties as opportunities for more development. A new hotel set for Fourth and Spring streets, first seen via Urbanize LA, will no doubt cash in on the hotness of the street.
Positioned across from the old Banco Popular building (which is being restored), the future hotel site is now home to a parking lot.
Renderings in an initial study from the city planning department show the 11-story hotel’s exterior clad in a boxy window pattern, concrete and aluminum panels, and murals. HLW International is the architect of record for the hotel project. The hotel’s designer was Concrete, a rep for HLW tells Curbed.
The hotel would hold 315 guest rooms and about 2,000 square feet of meeting space. The project would only have parking for 81 cars, provided in a garage on the site and in a nearby 10-story parking structure.
City documents show OSIB LA Downtown Properties, LLC as the applicant for the project. Urbanize says that OSIB is linked to Downtown Properties, which holds the Bradbury Building and the Roosevelt hotel in its portfolio.
- First Look at Proposed 4th & Spring Hotel [Urbanize LA]
- New hotel project planned for a Historic Core parking lot [Curbed LA]