$120 Million 19-Story Apartment Tower in Downtown Los Angeles
LOS ANGELES, CA - Related California started construction on a $120 million, 19-story apartment building at 225 N. Grand Avenue between 2nd and 3rd Streets, the first residential phase of its Grand Avenue Project. With 271 residences, including 20 percent affordable apartments, the building will bring the first apartments to Bunker Hill in downtown Los Angeles in more than a decade and add 500+ new residents. The project will create 417 construction jobs over the next two years.
http://www.multifamilybiz.com/News/4520/Related_California_Breaks_Ground_on_120_Million_19...
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