Engine Real Estate plans boutique hotel at former Arts District firehouse

Los Angeles /
Feb.February 14, 2017 12:00 PM

UPDATED, 3:20 p.m., Feb. 14: Engine Real Estate is planning to tranform its first ever asset, a firehouse near Warner Music Group’s Ford Factory building in Downtown’s Arts District, into a boutique hotel.

Engine filed plans last week to turn the two-story firehouse at 710 South Sante Fe Avenue, which spans about 8,700 square feet, into a 10-key hotel, according to city records. The building, which dates back to 1928, had most recently been used as a retail space and residence.

The plans require a general plan amendment to change the land use designation from heavy manufacturing to commercial use.

“It would’ve been easy to do a creative office conversion, especially considering Warner Music moving across the street,” Engine’s in-house broker Aram Pogosian told The Real Deal. “But all it would’ve brought was creatives behind closed doors, and we thought a hotel would not only activate our building but also be part of Arts District’s [growth].”

Jeffrey Birkmeyer, who co-founded Engine in 2013, acquired the property for about $2.6 million in 2007, property records show. It was the firm’s first acquisition and even served as inspiration for its name. Above its double red doors, which remain intact, a concrete placard reads, “Engine Co. No. 17.”

Now, almost a decade later, Engine is looking to cash in on the rising tide of development in the Arts District. The operator and brand of the hotel has yet to be disclosed, but will be “locally recognized,” Pogosian said.

Engine’s plans were filed ahead of the looming Measure S, which would place a two-year moratorium on projects such as this one, which require zoning changes.


Related Articles

arrow_forward_ios
Granite CEO Michael Dardick and Industrious CEO Jamie Hodari

Industrious partners with landlords to offer tenants satellite workplaces

Industrious partners with landlords to offer tenants satellite workplaces
Continuum CEO Mark Falcone and a rendering of the project (EYRC Architects via Urbanize)

Continuum Partners, Platinum Equities plan Arts District office tower

Continuum Partners, Platinum Equities plan Arts District office tower
Colorado Campus at 2041-2115 Colorado Avenue and Northwestern Mutual CEO John E. Schlifske

Northwestern Mutual picks up Santa Monica office campus for $166M

Northwestern Mutual picks up Santa Monica office campus for $166M
Prop 15 property tax measure draws millions (Credit: iStock)

Prop 15 property tax measure draws millions of dollars from for and against campaigns

Prop 15 property tax measure draws millions of dollars from for and against campaigns
Tim Naughton and a rendering of the project (Credit: OFFICEUNTITLED and AvalonBay)

AvalonBay secures $167M loan for Arts District resi project

AvalonBay secures $167M loan for Arts District resi project
California is allowing barbershops and salons to reopen under new coronavirus mitigation guidelines (Credit: Noam Galai/Getty Images)

California allows barbershops to reopen, but LA holds back

California allows barbershops to reopen, but LA holds back
LA County assessor Jeffrey Prang

LA County properties valued at nearly $2 trillion…before pandemic

LA County properties valued at nearly $2 trillion…before pandemic
Lowe co-CEO’s Mike and Rob Lowe, Related Fund Management’s Justin Metz, 2130 Violet Street

Related affiliate joins with Lowe to build Arts District office complex

Related affiliate joins with Lowe to build Arts District office complex
arrow_forward_ios

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

Loading...