Work Getting Underway for 28-Story Tower in South Park
By Steven Sharp
February 16, 2017
The sea of construction cranes near Staples Center and L.A. Live is about to get another tree.
Fulton Street Ventures, the American affiliate of Chinese developer R&F Properties, is beginning work on a 28-story residential tower in Downtown’s booming South Park neighborhood. Protective fencing is currently being set up around the project site – a parking lot at 1133 S. Hope Street – which will eventually hold 200 condominiums above a parking garage, amenities and 5,000 square feet of ground-floor retail space.
The property was originally entitled by the Canadian real estate firm Amacon, which commissioned Vancouver’s Chris Dikeakos Architects to design the modern 330-foot tower.
A timeline for the mixed-use project is unclear.
The tower will rise less than one block north of 1212 Flower Street, where Onni Group is in the midst of construction on a similar high-rise complex.
Large multi-tower developments are also underway two blocks west on Figueroa Street, including Circa and Oceanwide Plaza.
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