Jamison moves in new direction with plans to build Koreatown hotel

The firm recently completed its Luna on Wilshire apartment complex next door

Apr.April 23, 2019 04:00 PM
Jamison Services CEO Jaime Lee and the Harvard Boulevard development site

Jamison has been one of Koreatown’s most active office and multifamily landlords and developers, but its latest move points in a new direction.

Jamison filed plans to develop a seven-story hotel at 679-687 S. Harvard Boulevard, property records show. The new development would rise on what is now a parking lot next to the family firm’s recently completed 209-unit Luna on Wilshire apartment complex.

Last fall, Jamison acquired the S. Harvard Boulevard site from Kwang Kyu Pak, who had secured city approval for a hotel development. Jamison paid $5.3 million for the development site.

Pak had received approval for 110 rooms and an 1,840-square-foot restaurant on the ground floor. Jamison’s filing made no mention of commercial space, but said it wanted to include a gym and rooftop deck. Jamison refused to comment.

Jamison is Koreatown’s most active developer and has a handful of projects underway along Wilshire Boulevard alone.

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