DOWNTOWN LOS ANGELES – Despite the recession and an unsettled residential market, a local developer is moving forward on plans for a 31-story condominium tower in the Jewelry District.
The mixed-use project from Laeroc 2002 Coast Parking, LLC would rise on two adjacent surface parking lots between Hill and Olive streets at Ninth Street. The project had a hearing before city planning officials on May 20, and is expected to be fully entitled within two weeks, said land use consultant Greg Jackson of Rosenheim & Associates.
Filed in Planning & Land Use Committee
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