The Broadway is a high-rise mixed use development situated on the northwest corner of Broadway & Olympic Boulevard in the hip Historic Core, one of the most exclusive districts in Downtown Los Angeles. The 20,663 sq. ft. lot is fully entitled for the construction of a 166 ft., 15 story residential condominium building offering 163 condominium units and a rooftop pool and gym. Approved project plans feature:- Four (4) level subterranean parking garage offering 221 car parking spaces and 202 bicycle spaces- 50 sq. ft. balconies on most units in the complex- 4,920 sq. ft. of street level retail space- Neighborhood destinations are: The Ace Hotel @ 929 S. BroadwayUnited Artists / The Theatre at Ace Hotel @ 933 S. Broadway Umami Burger Broadway @ 852 S. Broadway Orpheum Theatre @ 842 S. BroadwayZinque Restaurant @ 939 S. Broadway (opening early 2018)Staples Center, LA Live, LA Convention Center, Whole Foods, The Bloc, Grand Hope Park, Pershing Square & the LA Fashion District all within 1 mile radius.Unit Breakdown:1 Bedroom: 119 units2 bedroom: 44 unitsPlanning Data:APN:5139003007, 5139003008, 5139003009Zoning: [Q] C2-4D-CDOInterest Offered: Fee SimpleFloor Area Ratio: 8.9 : 1 (184,705 sq.
Listing provided courtesy of
, Rommy Shy
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Downtown Los Angeles
The heart of the city, Downtown L.A. is dominated by skyscrapers, and a bustling urban core. Downtown, or as it is sometimes known, DTLA, is alive with hot restaurants, hip hotels, and nightlife that makes downtown a great place to live and play.
Real Estate: Lofts, condos and apartments for sale are prevalent in Downtown Los Angeles. Downtown Los Angeles is divided into several different areas including the Historic Core and the Fashion District. The Broadway area has been revitalized with many new condos and lofts being created in older buildings and new development underway. The area near L.A. Live and the Staples Center is particularly trendy.
Community Life: Downtown Los Angeles now boasts over 500 restaurants and has a burgeoning nightlife scene. Many people come to downtown to see a concert at Disney Hall or professional sports at Staples Center and the L.A. Convention Center plays home to a variety of events from art and design shows to conferences drawing businesspeople from around the world. Grand Central Market offers booths full of some of the most delicious food in the city.
Education: Downtown Los Angeles is served by the Los Angeles Unified School District. Local schools include the Ramon C. Cortines School of Visual and Performing Arts, Downtown Business High School, California Academy for Liberal Studies Early College High School, Para Los Niños Middle School, and others. Private schools include Saint Malachy Catholic Elementary School and American University Preparatory School. The Fashion Institute of Design & Merchandising is located downtown as is the Colburn School for music and the performing arts.
Transportation: Downtown is the hub of the rail transit system with six commuter lines, two subway lines, three light rail lines and many Metro bus routes passing through the city. Union Station is the main railway center and a historic landmark in the city.
Local Attractions: From the city’s early beginnings on Olvera Street to new construction including the Broad Museum and the Wilshire Grand Tower there is a lot to see downtown. Popular draws include the Angels Flight staircase, Pershing Square with its own ice rink, the Bradbury Building, and the Los Angeles Public Library.
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