City approves Onni’s massive Times Mirror Square redevelopment

Mixed-use DTLA project that includes 1.1K units faced years of opposition

Los Angeles /
Feb.February 10, 2021 09:54 AM
Renderings of Omni's new project, along with the original Times Mirror Square building. (City of Los Angeles Department of City Planning, WikiMedia)
Renderings of Onni’s new project, along with the original Times Mirror Square building. (City of Los Angeles Department of City Planning, WikiMedia)
 

Onni Group’s years-long bid to redevelop Times Mirror Square in Downtown Los Angeles has ended in victory.

The City Council on Tuesday voted 11-4 to certify an environmental report for the mixed-use project and to deny a nonprofit group’s appeal, according to the Los Angeles Times. The Council’s vote could still be appealed.

Onni’s proposal — at a combined 1.5 million square feet of construction — includes 1,130 residential units in two high-rise towers, along with retail and office space. The project has just 34 affordable units, an unusually low number given its size.

The project has been met with fierce opposition since it was announced in 2016. Onni paid $100 million for the Times Mirror Square property — the newspaper’s former home — and soon after revealed its development plans.

Preservationists fought the proposal because it would mean the demolition of a 1970s-era office building designed by William Pereira. That battle ended in late 2018 when the Council declined to landmark the building.

The city Planning Department had its own misgivings about the project. The agency took issue with the exclusion of affordable units and Onni’s plan to pay city allocation fees. Last spring, the Council told the developer to redesign the towers. Onni representative Dan Goldsmith warned that delays and the coronavirus could derail the project.

By summer, Onni agreed to set aside some affordable units, paving the way for its approval.

[LAT] — Dennis Lynch 


Related Articles

arrow_forward_ios
AEG's Dan Beckerman and Crypto.com arena at 1111 S. Figueroa Street5 (AEG)
“Nine-figure” upgrade coming to DTLA’s Crypto.com Arena
“Nine-figure” upgrade coming to DTLA’s Crypto.com Arena
Relevant Group’s Grant King and the Tommie Hotel at 6516 Selma Avenue in Hollywood (Getty Images, Relevant Group, LoopNet)
Relevant Group owes $3M for Tommie hotel project: suit
Relevant Group owes $3M for Tommie hotel project: suit
111 W 7th Street (Getty Images, Google maps)
Laguna Point Properties sues over $400M DTLA deal
Laguna Point Properties sues over $400M DTLA deal
Matthew Baron and The Cecil Hotel; in background, California State Assemblymember Miguel Santiago, Baron and Kevin De León, an L.A. City Councilmember (Baron Property Group)
Will Cecil Hotel’s troubled history end in full occupancy?
Will Cecil Hotel’s troubled history end in full occupancy?
Joel Schreiber, Barry Sternlicht and 801 South Broadway (Google Maps, Cmichel67/CC BY-SA 4.0/via Wikimedia Commons)
Starwood entity looks to foreclose on Broadway Trade Center
Starwood entity looks to foreclose on Broadway Trade Center
A rendering of the 1111 Sunset Blvd project (North Palisade, Skidmore, Owings & Merrill)
Trio of residential towers approved for Echo Park
Trio of residential towers approved for Echo Park
Prime Data Centers' Nicholas Laag and a rendering of the Vernon data center (Prime Data Centers)
SF outfit plans Vernon data center near DTLA hubs
SF outfit plans Vernon data center near DTLA hubs
Nick Griffin with Downtown Center Business Improvement District (Connect Conferences,  Chuck Bennett)
170 projects in DTLA pipeline
170 projects in DTLA pipeline
arrow_forward_ios

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

Loading...