The Terrace LA – New 3-Story Townhomes with Views of Downtown Los Angeles

1015 Figueroa Terrace, Los Angeles, CA 90012 #theterrace #figueroaterrace

THE TERRACE FOR SALE   |   FOR LEASE   |   SOLD   |   UNLISTED

The Terrace LA (concept picture)

Downtown Los Angeles  —  To really enjoy all that the big city has to offer, there should be no need to sacrifice comfort, convenience, lifestyle, nature or privacy. Finally, all of those indispensable elements come together for the first time as the area’s newest residences are under construction nestled on the hill between Downtown, Elysian Park, Chinatown and Echo Park.

The Terrace Los Angeles new development is now under construction above Downtown L.A. with views of the skyline and Dodger Stadium in Elysian Park. The developers promise to soon deliver the homes situated high above DTLA, a new gated community that “awakens the senses and inspires movement throughout your day.” Featuring 45, 3-Story townhomes each with stunning views, chic interiors and easy access to work and play, The Terrace is “guaranteed to change on how you live LA,” according to the builder.

OWN A BETTER VIEW AT THE TERRACE

The developer is expected to begin scheduling showings of the new build homes in the coming months. 45 modern town homes from the mid-

Terrace Downtown Los Angeles Rooftop Outdoor Space and Views

$700,000’s with smart 1,700 sq ft floor plans, master walk-in, built-out closets, modern fixtures and finishes, Bosch appliances, private balconies and patios, spacious 3-bedrooms, 2.5 baths, DTLA and Dodger Stadium Views, pet-friendly community.  The development was once thought to include private 2-car garages for each unit, but it looks as though it is actually just a gated community garage. The older condo townhomes at the condo complex next door each have private 2-car garages. Get on the interest list for all of the upcoming new details.

A Better Way of Life?

Taking a look at the construction site, it looks like some units will get the lion’s share of light and views while others will be relatively dark and viewless. Beat out other buyers to the best deals. Get priority access and privileged information on The Terrace and other Downtown developments. Get on the new homes interest list. Fill out the online form:

THE TERRACE FOR SALE   |   FOR LEASE   |   SOLD   |   UNLISTED

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The Terrace DTLA (under construction)

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 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.

1212 Flower Street New Homes Los Angeles South Park Downtown LA Luxury Highrise Under Construction

1212FlowerSt.com

With the new construction of huge shiny, super luxury high-rise condominium towers Metropolis, Ten50, OceanWide Plaza and 1133 Hope St, one begins to wonder if Downtown Los Angeles is headed for a high-rise condo glut. #1212flower #southpark

1212 Flower Street New Homes Los Angeles
1212 Flower Street New Homes Los Angeles

When two huge towers are added onto that at 1212 Flower St., the risk of an upper class housing overage becomes palpable. Let’s explore the need and merits of the new build before jumping to any conclusions. Here’s this week’s real estate news:

One block east of Staples Center and the L.A. Live complex, Onni kicked off construction in October for 1212 Flower Street, a two-tower residential development.

1212 Flower Street residential lobby
1212 Flower Street residential lobby

The mixed-use complex replaces the parking lot of a mid-century style office building. The coming new luxury condominium towers shall rise to 40 and 31 stories, and will bring to Downtown LA a whopping 730 residential condo units for sale, along with a modest 8,000 square feet of ground-level retail space.

As with the tower at 820 Olive Street, 1212 Flower is being designed by Chris Dikeakos.

2 Tower DTLA Development Under Construction

The Pico Metro Station now will be sandwiched between high-rises. Metro might need to really upgrade that little station next door. A parking lot near Pico Station is making way for the future residential / retail complex.   |   NEW HOMES INTEREST LIST

After a recent ground breaking ceremony for its neighboring 1133 S Hope St., the newest Downtown development has begun preparing for construction.

1212 Flower St Downtown LA
1212 Flower St Downtown LA

Canadian real estate developer Onni Group has set up the construction zone fencing around the surface parking lot at 1212 Flower Street. The one and a half acre site, next to Pico Station, is scheduled to soon support two of highrise luxury tower condominium buildings that will be one of Downtown’s largest residential buildings full of sparkling new homes for sale.  The buildings will contain parking accommodations for up to 830 cars.

Documents filed with the L.A. Department of Planning indicate that the towers that shall be some of the tallest residential skyscrapers in the area. The glass and steel structures have been designed by Canadian Chris Dikeakos Architects of Vancouver, British Columbia.

The property is already home to a 70,000-square-foot office building, which will not be torn down because the 1960s 5-story structure has recently benefitted from several substantial renovations and upgrades, such as a new gymnasium in the basement.

1212 Flower is not the first big construction project done by Onni in the Downtown area. After Level DTLA and 820 S. Olive Street, the company has also purchased the historic Los Angeles Times Building.  Onni is expected to tear down part of the Times Building to make way for the construction of a multi-family residential complex.  It is not yet known if the Times Building will turn into the “Times Lofts” condos for sale or “Times Apartments” for lease.

The Flower Street project is being heaped on top of an exploding number of new towers that are replacing parking lots all around block across from the east side of the Staples Center. The upcoming new towering Circa apartments and Oceanwide Plaza mixed-use condo / hotel / shopping center developments are among the most spectacular, sprawling and imposing of the bunch.

Get priority access to see the new 1212 Flower Street condominiums for sale and receive new homes photos, descriptions in your email. Fill out the online form:

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1212 Flower St Downtown Los Angeles
1212 Flower St Downtown Los Angeles

 

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 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.