Atlas and Runyon plan hip megadevelopment for
Alameda Square

Los Angeles /
Jan.January 15, 2016 10:33 AM

What do you do with 32 acres of land just south of the Arts District?

If you’re New York’s Atlas Capital Group, you plan the reuse of six historic buildings, 100 shops, 15 restaurants, and 1.3 million square feet of creative office space. No big deal.

When a group of investors led by Atlas bought LA’s Evoq Properties for $357.4 million in Aug. 2014, the star property the group acquired was the sprawling landmark Alameda Square at 777 Alameda Street, one of the largest contiguous properties Downtown.

New renderings released by Runyon Group, which has joined as Atlas Capital’s local development partner, reveal the adaptive reuse plans for the site, which is now called ROW DTLA. In addition to office and commercial space, the plans for the 2 million-square-foot mixed use project include parks, shops, event space, and space dedicated to “the arts.”

A “lookbook” released by Runyon shows hipster-chic models and images of the building’s pre-renovation bones.

“Thirty acres in the heart of Downtown Los Angeles have been united under one ownership and one cohesive vision,” it says.

Industry Partners is leasing the office space.

The project, designed by Rios Clementi Hale Studios, is expected to open in Summer 2016.

[Urbanize] – Hannah Miet

 

Related Articles

arrow_forward_ios
Rendering of Figueroa Centre (right) with an aerial view of the vacant site at 911-927 South Figueroa Street (Google Maps, CallisonRTKL/Illustration by Kevin Rebong for The Real Deal)
A Genting scion’s plans for a DTLA supertall were quietly shelved. What happened?
A Genting scion’s plans for a DTLA supertall were quietly shelved. What happened?
Renderings of Omni's new project, along with the original Times Mirror Square building. (City of Los Angeles Department of City Planning, WikiMedia)
City approves Onni’s massive Times Mirror Square redevelopment
City approves Onni’s massive Times Mirror Square redevelopment
Christopher Rising and Sam Manoochehri (Linkedin)
Rising Realty expands into multifamily market
Rising Realty expands into multifamily market
 Jade Enterprises’ Director of Development Daniel Taban and 888 South Figueroa Street (Google Maps)
Here’s what tenants are paying at Jade Enterprises’ 888 Figueroa in DTLA
Here’s what tenants are paying at Jade Enterprises’ 888 Figueroa in DTLA
David Lawrence Gray and a rendering of the 120-unit tower (David Lawrence Gray Architects, University of Washington)
120-unit Pencil Tower planned for DTLA
120-unit Pencil Tower planned for DTLA
Rendering of 1411 South Flower Street (Housing Diversity Corporation)
Micro-housing to rise in DTLA Opportunity Zone
Micro-housing to rise in DTLA Opportunity Zone
Geoff Palmer and a rendering of the project (Getty)
New renderings show Geoff Palmer’s 1K-unit DTLA apartment project
New renderings show Geoff Palmer’s 1K-unit DTLA apartment project
Rockwood Capital's Walter P. Schmidt, LPC West's David Binswanger, and Deka Immobilien's Ulrich Bäcker. (915 Wilshire, Rockwood, Light and Shine Photography, Deka)
Rockwood Capital, Lincoln Property sell DTLA office tower for $196M
Rockwood Capital, Lincoln Property sell DTLA office tower for $196M
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...