LOS ANGELES
DOWNTOWN
40
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NEWS Volume 42, Number 20
EBRATING EL
May 20, 2013
YEARS
Since 1972
DOWNTOWN DEVELOPMENT
The latest information on 88 residential, civic, business and other projects.
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W W W. D O W N T O W N N E W S . C O M
This One Goes to 1111 A Quiet Neighborhood Is Suddenly Surging, With a $60 Million Apartment Complex Adding to the Residential Base
photo by Gary Leonard
Fiancés Andy Bowland and Denise Nguyen recently moved in to 1111 Wilshire, a $60 million apartment complex in City West. They are shown in the building’s courtyard. by RichaRd Guzmán city editoR
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ome developers like to tout the expansive vistas that can be glimpsed from their rooftops. The just-opened 1111 Wilshire in City West has an amenity-laden roof, but the more impressive view is at street level. That’s because the project sits in the midst of a suddenly bustling residential neighborhood. South of the new 210-apartment complex is the towering 1100 Wilshire, with 228 condominiums. Next to that is GLO, a 201-unit apartment building at 1050 Wilshire Blvd. Just east of GLO is 1010
Wilshire, which holds 227 apartments. There is other nearby activity. The Piero, at St. Paul and Sixth Street, has 560 apartments. The neighboring Bixel House offers 77 rental residences for low-income individuals. In other words, a sleepy neighborhood no one took seriously as a residential area a decade ago is blossoming. It is growing so quickly, in fact, that Holland Partner Group, the Vancouver, Wash.-based developer of 1111 Wilshire, is planning a 2014 groundbreaking for yet another project that’s poised to deliver more than 600 additional units. “We’re really pleased with the way this neighborhood is
evolving,” said Tom Warren, the chief operating officer of development at Holland Partner’s Long Beach office. “We like this location because of its close proximity to the Financial District, to South Park and L.A. Live. The street character here has really improved and will continue to improve.” The $60 million 1111 Wilshire broke ground in June 2011 on a vacant lot on the northwest corner of Wilshire Boulevard and Bixel Street. The seven-story building holds studio to three-bedroom apartments with rents of $1,570-$4,200 per month. Apartments are 417-1,368 square feet. see Apartments, page 26
Judge Orders Arts District BID to Dissolve Some Fear Ruling Could Lead to Challenges to Other Business Improvement Districts by Ryan VaillancouRt staff wRiteR
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Los Angeles Superior Court judge has ordered the Arts District Business Improvement District to dissolve, capping a long feud between the entity and a group of property owners. The BID has already halted its privately funded cleaning and safety program in the area. The May 10 order from Judge Robert H. O’Brien is a victory for a group of Arts District property owners who argued in a lawsuit that the BID broke state law in its formation and therefore is invalid.
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O’Brien’s order centered on his finding that the BID spent tax dollars on economic development services that did not provide a special benefit to area property owners. “Our claim was basically that the constituency in this district is very diverse, and to claim you’re helping both industrial owners and loft owners and residents, there’s no coherent way to have an agenda to help everyone,” said developer Yuval Bar-Zemer, one of the property owners who brought the case against the city. Estela Lopez, who has run the BID since its formation in 2006, predicted that its dissolution will lead to an uptick in homeless
encampments, street trash, vandalism and minor crimes. Street cleaning and safety constitute the bulk of the BID’s services. What makes the ruling particularly important is that it could set a precedent for challenges to other, larger BIDs in Downtown. Currently the community has seven operating BIDs. All of them provide trash removal, safety officers on bicycles and economic development services. Numerous BID executives are already on edge. The Downtown Center Business Improvement District, which covers 65 blocks, spends about 29% of its an annual budget see Arts District, page 24
YOUR VOTE COUNTS! VOTING ENDS May 25