Jade Enterprises plans 30-story apartment tower in Fashion District

The downtown development firm has been on a resi construction tear

TRD LOS ANGELES /
Dec.December 17, 2018 09:00 AM
Jade Enterprises’ Director of Development Daniel Taban

Fresh off approvals for a large apartment project in the Fashion District, Jade Enterprises sees more opportunity for residential development on the block.

The Downtown-based development filed plans for a 363-unit apartment tower at 1123-1161 South Main Street, according to Urbanize. The 30-story building would sit above a four-story podium with 12,500 square feet of retail, and parking for 373 cars.

The project will complement Jade’s other apartment construction on the block, a 379-unit building that won City Council approval in August.

MV+E Partners is designing both developments.

The 30-story tower would replace a strip of low-rise commercial buildings on the block.

After years operating as a commercial landlord in Downtown, Jade has turned its attention toward residential development, and has invested heavily.

The firm is run by brothers David, Albert, and Benny Taban and is working on three other developments in Downtown Los Angeles dubbed the Emerald, Onyx and Topaz developments. It’s also working on the Sapphire development in Westlake. [Urbanize] — Dennis Lynch


Related Articles

arrow_forward_ios
Architect Simon Park and a rendering of the project (Credit: SSPSTUDIO ARCHITECTURE & URBAN DESIGN)

Boyle Heights slated for another mixed-use project

Monica Rodriguez orchestrated the nixing of a residential project set for the Verdugo Hills Golf Course (Credit: Google Maps, Wikipedia)

The threat of fire doomed this Tujunga resi project. Now the developer will sue

6550 South Normandie Avenue (Credit: Google Maps)

Haroni Investments to turn parking lot into new apartments

A rendering of the project

Jade Enterprises to build campus-like project near Soho Warehouse

Council President Herb Wesson and a rendering of District Square

City will draw up “anti-displacement zone” ordinance

Greenland exec Hu Gang and Metropolis Tower III (Credit: BuzzBuzzHome)

Greenland opts to go rental at Metropolis tower in DTLA

Governor Gavin Newsom and Senator Nancy Skinner (Credit: Getty Images and iStock)

Developers rejoice: Newest state law aims to boost housing production

Assemblyman David Chiu and Gov. Gavin Newsom (Credit: Wikipedia and iStock)

California passes landmark rent control law

arrow_forward_ios
Loading...