CITY OF LOS ANGELES, CA

LOCATION
530 W. Seventh Street
Los Angeles, California

PROJECT SIZE
80 units on .38 acres averaging
200 units per acre

PROJECT CONCEPT
The Brockman Building Lofts is a 80-unit adaptive reuse residential loft project located on the corner of 7th and Grand Avenues, within an existing vacant 12 story 1920’s vintage Beau Arts building in the Financial Core of Downtown Los Angeles, CA. This project is a prime example of the growing trend in adaptive reuse of underutilized building stock to residential lofts in the urban core areas of Southern California. Said lofts will range in size from 850 square feet to 2300 square feet, with pricing projected to start in the mid $300,000 range. Seismic retrofitting and working drawings are under production, and construction is projected to be completed in Fall, 2006.

Click here for the Brockman Building Website

Current Status:	Under Construction
Target Completion Date:	Fall 2006
Architect:	Donald Barany Architects Santa Monica, California
Financial Status:	All project financing is in place.
Source of Project Financing:	Debt is with General Bank, Equity is with Key Bank Equity
Project Cost:	$21,000,000