LOS ANGELES | 8th Grand & Hope (754 S. Hope St.) | 592 FT | 50 FLOORS

From Craigs:

Proposed 50-story DTLA apartment tower takes another step forward

Completion is set to occur in 2025

Steven Sharp
Urbanize Los Angeles
November 22, 2021

A draft environmental impact report published last week by the Los Angeles Department of City Planning offers a closer look at a proposal from Mitsui Fudosan America (MFA)to redevelop a Downtown parking garage with a high-rise apartment building.

The project, first submitted to the Planning Department in 2017, had called for the construction of a 40-story tower on a property on the north side of 8th Street between Hope Street and Grand Avenue, featuring a minimum of 547 dwellings above roughly 7,500 square feet of ground-floor commercial space and parking for nearly 600 vehicles.

Updated plans submitted earlier this year to the City of Los Angeles now call for the construction of a taller 50-story tower containing a 580 studio, one, two-, and three-bedroom dwellings with 7,500 square feet of street-fronting retail space. Parking for 636 vehicles would be provided on eight above-grade levels and three subsurface levels.

Designed by Gensler, the approximately 592-foot-tall tower would feature cascading terrace decks stepping back from Hope Street, each of which would be used as an amenity deck for residents. While parking would sit above grade facing Hope Street, residences would line the full Grand Avenue side of the building. Proposed finishes include glass, concrete, aluminum, and stone.

Per the environmental impact report, construction of the 8th, Grand, and Hope tower is anticipated to occur over a roughly 36-month period concluding in 2025.

MFA, a subsidiary of the Japanese conglomerate Mitsui Fudosan, has been a landowner in Downtown Los Angeles since the 1980s, but only recently began developing its holdings. The company is already in the midst of construction two blocks west at 8th and Figueroa Street, where a 42-story apartment building has replaced a surface parking lot.

From the linked article above:


Good it’s gonna be done in 2025. I hope LA completes a ton of projects by the olympics


Yup. There is another large one going up that should be done just in time for the Olympics, “Angels Landing”. Lots of big stuff to be completed as well. Several subway lines, 2 arenas, general development around those arenas, etc.

Per nmkef:

8th Grand/Hope tower, also by Mitsui, is going in front of the DTLA Neighborhood Council today (10/18/22) and prepared a presentation with amusingly low-res renderings. (Or maybe they’re higher and the NC ultra compressed it for upload/email)


Timeline update:


4Q2022 EIR Published
1Q2023 Zoning Administrator Hearing Officer Hearing
2Q2023 Planning Commission, PLUM, City Council
2024 Commence Construction
2027 Complete Construction

Also noted that expected completion of 8th & Fig is 3Q2023.

Some neat callouts - for example garage conversion to 189 residential units (presumably after DTLA 2040 and depending on anticipated demand)

And “public cafe” planned for both corners on Grand & Hope st

I don’t think much in the presentation is really new, but some other pics I liked

City planning application was also uploaded, but you can find that on city planning websites if you want by searching the case number. (CPC-2017-505-TDR-ZV-SPPA-DD-SPR)

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