The Real Deal Los Angeles

More details emerge about Brookfield’s 64-story DTLA tower

The project could be complete by 2023
October 13, 2017 03:30PM

Rendering of the project at 945 W. 8th Street (Credit: Brookfield via Urbanize)

It’s been a minute since Brookfield Properties broke the news about their plans to build a 64-story skyscraper. But now, a study released by city planning is providing more details on the massive project.

The development, expected to rise at 945 W. Eight Street near FIGat7th and across from the 73-story Wilshire Grand, is set to include 781 residential condos and 6,700 square feet of retail space, Curbed reported. The high-rise tower will take shape above an 11-story podium, which will have commercial space and parking for 831 vehicles and 867 bikes.

Building amenities will include a swimming pool, fitness room, indoor and outdoor recreational space and a community room.

Construction is expected to begin in 2019 and wrap up by 2023. L.A.-based architecture firms Marmol-Radziner and Large Architecture are designing the skyscraper.

Brookfield Properties acquired the site in 2013 as part of its $450 million purchase of MPG Office Trust. The company also owns, manages or leases over 8.6 million square feet of office space in Downtown.

Its latest project will join other residential condominium projects sprouting up in the area, including Greenland’s Metropolis and developer Mitsui Fudosan America’s planned high-rise tower on the other side of Figueroa. [Curbed] – Natalie Hoberman