Two developers are now seeking approval to build a food hall atop their redeveloped Norton Building in the Fashion District.
The proposal from Developers Urban Offerings and ESI Ventures is for 27,000 square feet, which will be occupied by eight vendors, other restaurants and outdoor dining space, according to CoStar. The hall would sit atop 60,000 square feet of office space on the second through sixth floors at 755 South Los Angeles Street if the city approves plans that were unveiled last year.
The Norton Building redevelopment is one half of Urban Offering’s two-building creative office campus project, along with a redevelopment of the nearby Deardens department store. The joint venture picked up the Norton Building in September 2016 for $18 million and the Deardens building in December for $42 million.
The campus would be right around the corner from Urban Offering’s controversial 7th and Maple residential tower project, another joint development with Realm. The 33-story project was approved in September and will include 452 apartments and commercial space. Activists organized against the project following its approval, criticizing the affordability of the 50 units set aside for “very low income” residents. [CoStar] – Dennis Lynch