Est4te Four can add 5 stories to Arts District development

Developer can build an additional 64k sf, says planning commission

TRD LOS ANGELES /
June 09, 2017 03:30 PM
Rendering of project at 929 E 2nd Street (Los Angeles Department of City Planning)

The city’s planning commission approved Italian developer Est4te Four’s proposal to add five stories to the existing two-story Challenge Cream and Butter Co. building in the Arts District.

The project, designed by wHY architecture, calls for a restaurant, retail, artist studios, a private club and an automated parking garage.

The additional stories would add about 64,000 square feet of space to the project, Curbed reported.

Est4te acquired the 1920s-era, 44,547-square-foot structure for $21.6 million last year. It will be one of the first Arts District buildings legally converted to housing under the Artist-in-Residence ordinance.

The project, at 929 E. 2nd Street, is one in a spate of similar developments underway in the neighborhood, including Legendary Development and Fairfield Residential’s seven-building residential complex near Third Street and Santa Fe Avenue. [Curbed]Subrina Hudson


Related Article

arrow_forward_ios
Terreno Realty Chairman & CEO W. Blake Baird

Terreno Realty makes another industrial play in LA

The building with Cross Campus founder Ronen Olshansky and Suge Knight

From The Chronic to co-working: Cross Campus’ LA expansion now includes former Death Row Records HQ

From left: Tom Gores and Mark Falcone with the project site

Continuum Partners sells Arts District project site to Tom Gores’ Platinum Equity

Ron Burkle owns Soho House

Soho House is expanding into the Arts District

arrow_forward_ios