Jamison plans twin buildings on Wilshire Boulevard

Landlord continues multi-family blitz with 760-unit project

Sep.September 12, 2016 10:50 AM

Jamison is taking its multi-family development streak to new heights.

The Koreatown landlord filed plans Friday to build two 23-story apartment buildings on a site at 3600 Wilshire Boulevard, between Kingsley Drive and Harvard Boulevard, according to public records viewed by The Real Deal. 

The project — potentially its third biggest by RBA, after two towers in DTLA and a complex called Circa just down the street — calls for 760 units total, as well as 6,359 square feet of commercial space. While records show the address of the development as being 3600 Wilshire, which is the site of the Wilshire Financial Tower, a 420,000-square-foot Class A office building also owned by Jamison, a Jamison property manager told TRD that the new buildings are actually slated for an adjacent parcel.

The plans are just the latest in Jamison’s aggressive push into residential development. Earlier this month, the development firm initiated the review process for a seven-story mixed-use complex at the corner of West 8th Street and South Berendo Street — just up the block, The Real Deal reported. And, in July, Jamison filed plans for a 506-unit 36-story apartment tower on the block bound by Wilshire Boulevard, Oxford Avenue, 7th Street and Serrano Avenue.

Jamison is Koreatown’s biggest property owner, TRD previously reported. Under founder David Lee, the firm has proposed in the submarket at least 15 multifamily developments, or about 3 million square feet of new construction.


Related Articles

CGI’s Gidi Cohen and the Fedora Street project

CGI scores $48M in construction financing for Koreatown multifamily project

The Koreatown Plaza is hitting the market (Credit: Google Maps)

Venerable Koreatown Plaza is up for sale

From left, clockwise: Daydream Apartments’ Griffin and Grace on Spring, Douglas Emmett’s The Glendon at Westwood and Carlyle Group’s Sofia Los Angeles

Here are LA’s 5 biggest multifamily sales of 2019

A rendering of the project and Douglas Bystry, President and CEO of Clearinghouse

Koreatown resi complex marks firm’s entry into Opportunity Zones

L.A. City Attorney Mike Feuer and a rendering of the Koreatown project (Credit: Getty Images)

LA sues Koreatown developer Michael Hakim

Kodo in Koreatown

Just built, just sold: CGI Strategies finds buyer for new Koreatown rental complex

L.A. Councilman Herb Wesson and an empty lot Rosewood Corp. is looking to build on (Credit: Getty Images and Google Maps)

Koreatown tower developer gave city council president’s son a deal on rent: report

Michael Sorochinsky, Steven Fifield, Mike Parrell, and Next on Sixth

Big deal: Sam Zell’s Equity Residential buys 398-unit Koreatown resi complex