PAN AMERICAN LOFTS

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CITY OF LOS ANGELES

LOCATION
249 S. Broadway
Los Angeles, California
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PROJECT SIZE
40 units on .3 acres averaging
133 units per acre

PROJECT CONCEPT
Pan American Lofts is a 40-unit adaptive reuse condominium loft project located on the corner of 3rd Street and Broadway in the heart of downtown Los Angeles. The building is one of the oldest structures in downtown Los Angeles dating back to the late 1800's. 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. The new lofts will range in size from 800 square feet to 1,400 square feet, and include penthouse lofts with internal mezzanines and private roof-top decks. Pricing is projected to start in the low $300,000 range. Seismic retrofitting and working drawings are under production, and construction is projected to commence in November, 2004.

Click here for the Pan American Lofts Website

Current Status:	Under Construction
Target Completion Date:	March '06
Architect:	Donald Barany Architects Santa Monica, California
Financial Status:	All predevelopment project financing is in place.
Source of Project Financing:	CityView Loft Partners LLC 244 Pine Avenue Long Beach, CA 90802 (562) 590-5600 Attn: Mr. Mark F. Tolley
Project Cost:	$16,000,000