Metropolis II condo tower opens, with studios starting at $600K

A condo tower in the Metropolis megaproject is now open to residents. Tenants started moving into the 40-story tower in Downtown LA’s South Park neighborhood on Saturday, developer Greenland USA announced today.

The tower is just one piece of the massive development, which spans 6.3 acres and incorporates retail, an 18-story hotel, and two other residential towers of 38 and 56 floors, respectively. It saddles up to the 110 freeway, between Eighth Street and James Wood Boulevard, and construction got underway in 2014.

The 514 condos in Metropolis’s Tower II include studios, one-, and two-bedroom models, some of which have balconies and terraces. The residences range in size from 482 square feet (studios) to 1,431 square feet (two-bedroom dwellings), with prices starting at $600,000 for studios and the high $700,000s for one-bedrooms.

Features include floor-to-ceilings windows, Caesarstone counters and backsplashes, oak floors, high-end appliances, and ceilings between 9.5 and 11 feet high. All two-bedroom residences are corner units.

Also completed is the tower’s 60,000-square-foot “Sky Park,” a green space with a pool and lawns for residents.

Located at 889 Francisco Street, Metropolis is made up of three residential towers, the Hotel Indigo, and 70,000 square feet of retail space.

Greenland listed the third residential tower in the project for sale in March. The Hotel Indigo was put up for sale in February with a price tag of $280 million.

• Metropolis condo tower in Downtown Los Angeles is now for sale [Curbed LA]
• Less than a year-old, Downtown LA’s Hotel Indigo is for sale, seeking $280M [Curbed LA]