New renderings show Geoff Palmer’s 1K-unit DTLA apartment project

Called Ferrante, it will include 21K sf of retail space

Los Angeles /
Dec.December 22, 2020 11:00 AM
Geoff Palmer and a rendering of the project (Getty)
Geoff Palmer and a rendering of the Ferrante in DTLA. (Getty)

New renderings released for Geoff Palmer’s massive apartment project in Downtown Los Angeles show a development with a similar aesthetic to many of his other projects in the area.

The 1,150-unit Ferrante development is part of Palmer’s “Renaissance Collection,” and a new leasing brochure for the retail space fills out details, according to Urbanize. The complex will include 21,000 square feet of ground-floor retail space.

The project is slated for a 10-acre property at Temple Street and Beaudry Avenue.

That’s similar in scope to his ill-fated Da Vinci project, which was burned by an arsonist in 2014. Palmer has been criticized for constructing his apartment projects — which include balconies — too close to highways.

Like the other Renaissance buildings, the Ferrante is a wood-frame structure built around a large courtyard. Palmer has likened his other projects in the style as “fortresses.” The courtyard has a raised platform for the pool.

Palmer secured construction permits for the project in 2018 but has since cut the number of units down from 1,500 to 1,150.

The project will be developed in six phases and the first units are expected to open by mid-2021. [Urbanize] — Dennis Lynch 


Related Articles

arrow_forward_ios
1101 Flower Street in L.A. with  Tony Lombardo of Lendlease and Zhang Xifang of Oceanwide. Xifang reportedly resigned in July 2021. (Google Maps, Lendlease, Oceanwide)
Contractor bails on Oceanwide’s LA megaproject after scoring $42M judgment
Contractor bails on Oceanwide’s LA megaproject after scoring $42M judgment
The Boyd Street fire in May, 2020 (Getty)
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
LA fire captain sues building, vape shop owners over May 2020 explosion in downtown
The second quarter was the third straight of rising asking rents (Unsplash / Christian Gabele)
Rents rise in Los Angeles as renters scoop up apartments
Rents rise in Los Angeles as renters scoop up apartments
Hilton President and CEO Christopher J. Nassetta, Related Companies CEO Jeff T. Blau and a rendering of the project (Related, Getty)
Hilton’s Conrad brand to operate hotel at Related’s DTLA megaproject
Hilton’s Conrad brand to operate hotel at Related’s DTLA megaproject
As of early August, the state had distributed around $243 million in rental assistance (Getty)
LA’s rental assistance program relaunches as eviction moratorium ends
LA’s rental assistance program relaunches as eviction moratorium ends
Renderings for the initial proposal (Los Angeles City Planning)
Domyan Group downsizes plans for DTLA hotel
Domyan Group downsizes plans for DTLA hotel
Developer Geoff Palmer with one of his properties (Getty, G.H. Palmer Associates)
$100M moratorium: That’s how much Geoff Palmer’s firms say LA eviction ban has cost them
$100M moratorium: That’s how much Geoff Palmer’s firms say LA eviction ban has cost them
The lawsuit alleges that the property manager was a serial sexual harasser, frequently making unwelcome advances and surprise visits to female tenants’ homes and offering rent discounts in exchange for sex (DOJ, Getty)
Feds settle sexual harassment case with LA property manager, owner
Feds settle sexual harassment case with LA property manager, owner
arrow_forward_ios

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

Loading...