Major Real Estate Development Approved in Los Angeles

The Los Angeles City Council has given the green light to a massive real estate development, transforming three city blocks and reshaping the downtown skyline. The Fourth & Central complex, costing $2 billion, will span 7.6 acres and feature a mix of residential, office, restaurant, and retail spaces.

Project Details

Currently occupied by cold storage facilities, parking lots, and warehouses, the site is located in Skid Row near the Arts District. Plans call for 10 buildings, including a 30-story residential tower, accommodating 1,521 homes—572 condominiums and 949 apartments. At least 262 units will be affordable housing. A hotel was initially considered but later removed from the plans.

The developers also aim to integrate a historic brick building from the early 1900s into the project. This building is a relic of the area’s cold storage history.

Developers and Community Engagement

Los Angeles Cold Storage, the site’s owner, played a key role in the project’s development. Throughout the planning process, objections arose from nearby Little Tokyo, concerned about gentrification. In response, the company agreed to lower the planned tower from 44 to 30 stories.

President Larry Rauch expressed satisfaction with the city’s approval, emphasizing the project’s transformative vision for downtown Los Angeles.

Architectural Vision

The master plan overseen by Studio One Eleven aims to create a neighborhood that blends into the city’s fabric. The design acknowledges the area’s industrial heritage. Notable architect David Adjaye is involved in designing two primary buildings, ensuring diversity in architectural styles.

Affordable Housing and Support Services

The project significantly contributes to affordable housing, with the Downtown Women’s Center collaborating to support future residents. Services include case management, occupational therapy, and substance abuse support, among others.

Jed Leano of the Inner City Law Center called it a crucial opportunity for providing deeply affordable housing.

Community Support

Support for the development comes from various organizations, including the Los Angeles/Orange Counties Building and Construction Trades Council and the Downtown Los Angeles Neighborhood Council. Nella McOsker from the Central City Association sees the project as vital for growing downtown with more affordable housing solutions.