Planning commission set to hear revised Atlas Capital Group project

College Station project in Chinatown would create 725 housing units

Los Angeles /
Dec.December 05, 2018 03:00 PM
The College Station project in Chinatown

The revised College Station project proposed for Chinatown by Atlas Capital Group could see its first approvals as early as next week.

The Los Angeles City Planning Commission will review the mixed-use project, which could bring hundreds of new residential units and retail space to the vacant intersection at North Spring and College Streets.

Atlas Capital, based in New York, has proposed building 725 units within a seven-story building. Chinatown Station, the developer’s name for the site, would also include 51,600 square feet of retail space, Urbanize reported.

That’s scaled down from their original proposal, which called for a pair of twin 20-story towers. The previous rendition also included 50 more units, and street-facing townhomes.

Johnson Fain is designing the project, set to rise near the L.A. State Historic Park. Studio MLA was tapped as the landscape architect, and will design open-space amenities like swimming pool, courtyards and large plazas.

The commission will also hear three appeals against the project. Several different construction labor unions are bringing the appeals, which cite issues with the project’s environmental impact report.

Atlas Capital is also an investor in other pockets of L.A. The firm recently spent $41 million to acquire the Chatsworth Business Center, a 214,000-square-foot office complex in the Valley. [Urbanize] – Natalie Hoberman


Related Articles

arrow_forward_ios
Redcar Properties CEO Jim Jacobsen with Dynasty Center (Google Maps, Industry Partners)
Redcar buys Dynasty shopping center in Chinatown
Redcar buys Dynasty shopping center in Chinatown
The Georgian at 1415 Ocean Avenue and The Viceroy at 9291 Burton Way (Google Maps)
An inhospitable market? LA’s biggest hotel sales plunge in 2020
An inhospitable market? LA’s biggest hotel sales plunge in 2020
Atlas Capital bought the Los Angeles Times’ massive printing plant from a Harridge Capital partnership (Credit: iStock and the Los Angeles Times)
Atlas Capital pays $240M for LA Times’ printing plant in Downtown
Atlas Capital pays $240M for LA Times’ printing plant in Downtown
1457 N. Main Street (Credit: Google Maps)
Live-work development project proposed in Chinatown
Live-work development project proposed in Chinatown
Atlas Capital can build 725-unit Chinatown complex as fully market-rate
Atlas Capital can build 725-unit Chinatown complex as fully market-rate
Atlas Capital can build 725-unit Chinatown complex as fully market-rate
Un-affordable: City moves to keep Atlas Capital’s big Chinatown resi project market-rate
Un-affordable: City moves to keep Atlas Capital’s big Chinatown resi project market-rate
Un-affordable: City moves to keep Atlas Capital’s big Chinatown resi project market-rate
Self-storage development secures $30M construction loan
Self-storage development secures $30M construction loan
Self-storage development secures $30M construction loan
The Cornfield’s latest project in Chinatown is a 200K sf self-storage facility
The Cornfield’s latest project in Chinatown is a 200K sf self-storage facility
The Cornfield’s latest project in Chinatown is a 200K sf self-storage facility
arrow_forward_ios

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

Loading...