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Monday, February 04, 2013
$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.