Jamison eliminates hotel portion of Koreatown strip mall project

Firm filed new permits for 8-story building with twice as many apartments

TRD LOS ANGELES /
Aug.August 21, 2018 12:00 PM
Jamison’s Jaime Lee with renderings of original projects at 800 S. Western (Credit: TCA Architects)

Koreatown’s most prominent landlord, Jamison, has revised its plans for one of its many multifamily projects in the neighborhood.

The firm, acting through an LLC, has removed the hotel portion of its mixed-use project at Eighth Street and Western Avenue, according to new permit documents published with the Department of City Planning Monday.

Located at 800 S. Western Avenue, the project would include 230 apartment units within a new eight-story building. There would also be about 12,000 square feet of commercial space.

Originally, Jamison had planned to build a 229,000-square-foot adaptive reuse project with a hotel, apartments and retail. The developer had already secured permits to build a 12-story structure with 96 apartments, 148 guest rooms and 58,000 square feet of commercial space, according to a filing published in April.

In both cases, the project calls for the demolition of a parking lot and two-story strip mall. IB Plaza, located at 808 S. Western Avenue, would remain intact.

Renderings by TCA Architects revealed a remodeled mid-rise development that incorporated the Art Deco style currently found at the site.

A representative for Jamison did not respond to requests for comment.

Although unconfirmed, it’s possible Jamison saw more of a need for housing than hotel rooms. In Los Angeles County, the number of hotel rooms rose 25 percent in the first half of the year, according to a survey by Atlas Hospitality Group. There are currently 37 hotels with 5,630 rooms under construction.

Jamison, a family-run development firm, has several other projects in the pipeline. Last month, the firm filed plans for a 227-unit apartment complex in the neighborhood, slated to go up on the site of an existing parking lot on St. Andrews Place. The firm is also converting a few of its office projects into residential buildings, including the World Trade Center in Downtown Los Angeles and another 17-story office tower on Wilshire Boulevard.


Related Articles

arrow_forward_ios
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

arrow_forward_ios
Loading...