Category: Condominiums Downtown Los Angeles

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Oceanwide Plaza Downtown LA Mixed Use Shopping Center and Condominiums

1100 S Figueroa St, Los Angeles, CA 90015

After a brief standstill, Oceanwide Plaza is again under construction in Downtown’s South Park neighborhood between L.A. Live / Staples Center and the Flower Street Lofts.  The $900 million mega project mixed-use development brings tremendous commercial space and hundreds of residential condominium units atop more than 1,440 parking spaces.

Construction giant Lend Lease has entered into a US$814 million contract with Chinese developer Oceanwide to build a mixed-use complex in Los Angeles, adding a significant project to its workbook in southern California.

Oceanwide Plaza, a subsidiary of the Hong Kong-listed China Oceanwide Holdings, is developing the large-scale mixed-use complex consisting residential properties, hotel and shopping centres with a total gross area of about 138,249sq m in downtown LA.

The existing neighbors across the street at Flower Street Lofts have expressed concerns about the new behemoth building that will be blocking the sunset views and sights of L.A Live.  The developer changed plans to make the Flower Street side of Oceanwide Plaza less of a loading dock area, and more of an attracive retail face, more open and accessible on Flower Street.

The Australian, a news publication, recently reported on Oceanside Plaza as a Huge LA deal for an Australian builder named Lend Lease. Construction giant Lend Lease has entered into a $814 million contract with Chinese developer Oceanwide to build a mixed-use retail and residential complex in Los Angeles.

Oceanwide Plaza, a subsidiary of the Hong Kong-listed China Oceanwide Holdings, is creating the large-scale mixed-use complex that will consist of residential condominiums, hotel and retail shopping areas.

The two companies have entered into a contract to build the complex, also known as Oceanwide Plaza, according to a stock exchange filing by China Oceanwide.

The project is Oceanwide’s first overseas development. They plan for three huge towers over a large ­podium on a 4.6 acre site.

The 49-story north tower will be a five-star luxury hotel with 183 rooms and 164 condominium units. The other two twin towers, each 40 stories high, will become 340 luxury condo units. The podium of eight levels of retail and parking with over 1,440 parking spaces will ensure that all of the residential units will have a great view.

The tower 1 concrete foundation pour has been completed.

Lendlease, an international property and infrastructure company, has announced the completion of the initial mat foundation pour for the Oceanwide Plaza development in Downtown Los Angeles. This milestone will allow for vertical construction of the project to begin.

See how 18,000 truckloads of concrete are being poured:

The initial pour was completed March 26th, one of the largest construction mat pours in the Los Angeles history. Crews from Lendlease worked with 700 concrete trucks to pour 7,000 cubic yards of concrete over 700 tons of rebar.

The full foundation will be completed in four phases, consisting of more than 25,900 cubic yards of concrete and six-million pounds of rebar.   >> MORE

New home prices have net yet been released, but the L.A. Loft Blog is providing guidance in the form of estimated asking amount based on the current market and projections for 2017/2018.  South Park luxury condominium tower studios are expected to start in the $700,000s, 1 bedrooms in the $900,000s and 2 bedrooms around $1,100,000. Actual prices will vary based on supply and demand.

Prospective Downtown home buyers are encouraged to take advantage early of free home buyer protection with no obligation to buy. This can help the buyer negotiate a better deal by placing the buyer’s interested above the seller’s interests.  It can often allow home buyers to see unlisted units that are not on the developer’s public list.  Developers require home buyers to sign up for any desired free home buyer protection early before seeing the properties. With no obligation to buy, some of these free home buyer protection programs offer guaranteed savings, such as the free Save 25 Grand certificate at www.Save25Grand.com.

Receive Oceanwide Plaza or Circa at 1200 Figueroa new listings in your email. Fill out the online form:

Get priority access to new homes, Free Home Buyer Protection and $25,000 Savings Guarantee Certificate at www.Save25Grand.com

 

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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association, seller or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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Bunker Hill Loft Happiest Condominium Unit For Sale Downtown Los Angeles #dtla #lofts

Bunker Hill Loft 800 W 1st Street #2305, Los Angeles, CA 90012

Bunker Hill Loft Professional Gourmet Open Concept Kitchen
Bunker Hill Loft Professional Gourmet Open Concept Kitchen

The happiest condo in DTLA begings with magic in the extraordinary way that it makes you feel.  For the Bunker Hill Loft, the renovated lofty luxury residential condominium unit #2305 in Downtown’s esteemed Bunker Hill Tower building, that feeling starts with the prime panoramic views that capture the whimsically designed Disney Concert Hall, its new neighbor, the Broad Museum, along with the growing skyscrapers of the Financial District. But even before that, visitors walk in to see an impressive open-concept kitchen with Sub-Zero style refrigerator and matching professional stainless steel appliances in the gourmet chef’s kitchen before bright windows with breathtaking south-facing views of Downtown’s skysrapers.

In addition to the stellar views, the authentic DTLA character comes from the cool, loft-style renovation of the unit’s interior. This includes a raised high ceiling and stripped floor to the original cement, now beautifully polished concrete. The result brings good vibes coming from modern style with hip combination of industrial style and modern luxury finish.

The final ingredient in the recipe for the perfectly balanced urban home: the luxury resort style master bathroom, which has been remodeled into OMG relaxation of a sprawling spa with hundreds of square feet of dual sink, luxury shower, separate large tub and gloriously expansive walk-in closet.

One of the largest swimming pools in Downtown LA
One of the largest pools in Downtown LA

Add those supreme niceties to the greatest amenities of any condominium building in Downtown.  The lucky and smart new owner will never need to leave the building until they want to experience the world’s greatest stage plays, classical music concerts and the world’s greatest new modern art at the Broad Museum — all of those just a quick walk away. The building provides gated free guest parking, two subterranean parking spaces, three storage spaces, 24-hour security front desk concierge doorman, resort-style swimming pool and hot tub spa, two tennis courts, BBQ barbecue picnic park, ping pong, pool table, recreation and meeting room, two gyms with men’s and women’s saunas, beauty salon, dry cleaner and convenience grocery store in the meticulously maintained building.

Because the building HOA that approved the renovation has indicated that they might not allow a similar construction in the future, this condo could find a future buyer offering many millions dollars to own this level of perfectly up-to-date urban home.

bunker-hill-metro-stationThe timing is ideal.  Just steps away, the new Bunker Hill Metro connector subway station is schedule to be completed soon, joining the upscale district directly to the creative energy of the Arts District neighborhood, along with the rest of the Los Angeles Metro rail system. Just blocks away, the tallest building west of the Mississippi will also be completed in the near future.

With all of these magical ingredients and so many reasons to love, love, love it, Bunker Hill Loft is missing one vital element: YOU!!!  Come see the Bunker Hill Loft and discover how you and your lifestyle are a perfect fit for this 2,440 sq ft of high-living.

To see the one and only Bunker Hill Loft, call Corey Chambers (213) 880-9910 or fill out the online form:

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking  |  More

Bunker Hill Loft High Ceilings and Polished Concrete Floors
Bunker Hill Loft High Ceilings and Polished Concrete Floors

Copyright © 2016 This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.