The Real Deal Los Angeles

Live-work conversion planned for the Globe Theatre

Redevelopment will make use of the building's unoccupied 10 floors

August 26, 2016 10:00AM

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The Globe Theatre at 740 South Broadway

The Globe Theatre at 740 South Broadway

The home of the Globe Theatre is set to make a grand entrance in a brand new incarnation.

Recent plans submitted to the city call for a residential conversion of the 1913-built Beaux Arts building in Downtown Los Angeles, as well as facade improvements.

The developer, under the entity 740 South Broadway Associates, LLC, wants to convert the top 10 stories of the 11-story structure into 47 live-work units. The space has been unoccupied since the 1980s, project consultant Kate Bartolo told Curbed. The ground floor, which housed the Globe Theatre, now operates as a nightclub and party venue.

In addition to the conversion, the redevelopment also calls for two ground-floor bars, a rooftop deck, a small penthouse unit and maybe even a rooftop sign, eventually.

“It’s really gonna pop now,’ Bertolo said. [Curbed]Cathaleen Chen