Westside DIGS | Digital Edition Online

March 15, 2019

DIGS is the premiere luxury real estate lifestyle magazine serving the most affluent neighborhoods in the South Bay and Westside of Los Angeles, California.

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2900 WILSHIRE BOULEVARD $300 million Luxury Tower Designed by Large Architecture AS KOR E ATOW N'S HOUSING M AR K ET CONTINUES TO FLOUR ISH, 2900 W ILSHIR E PROV IDES A GOLDEN OPPORTU NIT Y TO R EV I V E A N OTHERW ISE LONGTI ME VACA NT SITE , BR INGING MUCH-NEEDED HOUSING TO THE COM MU NIT Y. " " -W. Scott Dobbins, president of Hankey Investment Company LP KOREATOWN MIXED-USE DEVELOPMENT S P O T L I G H T | 2 9 0 0 W I L S H I R E B LV D . M A R K E T PHOTOGRAPH: COURTESY OF LARGE ARCHITECTURE A prime collection of 64 4 rental units is coming soon to Koreatown, complete with 15,000 square feet of ground-floor retail space BR E A K I NG GROU N D W R I T T E N B Y W E N D Y B O W M A N P roving its viability as one of Downtown L.A.'s top neighborhoods, Koreatown is set to welcome yet another mixed- use development to meet the ever-increasing demand for more homes and retail options in one of the city's most highly desirable locales. Enter a yet-to-be named project at 2900 Wilshire Blvd., a $300 million luxury high-rise tower designed by Large Architecture that's slated for completion in early 2021. "As Koreatown's housing market continues to flourish, 2900 Wilshire provides a golden opportunity to revive an otherwise longtime vacant site, bringing much-needed housing to the community," says W. Scott Dobbins, president of Hankey Investment Company LP, which is developing the project with Jamison Properties LP. Situated at 2900 Wilshire Blvd.—on a 2.9-acre site near the recently completed 3033 Wilshire apartment tower and the historic Bullock's Wilshire building, which now houses Southwestern Law School—the 25-story development will offer more than 15,000 square feet of retail space on the ground floor. Living options, meanwhile, will include 644 studios to three-bedroom, two-story penthouses, with rental prices ranging from $2,000 to $10,000 per month. A distinct floor shape will avoid casting shade on the two parks that flank the project, while providing unobstructed views of Downtown L.A. and the Hollywood Hills. Among the amenities: a 1-acre rooftop deck atop a 1,000-space parking podium offering a separate gym and clubhouse, along with a business center, pool and spa, private open-air dining areas, barbecues, fire pits, dog park, Zen garden and viewing deck. Expect floor plans and pricing soon. 3.15.2019 | DIGS.NET 37

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