A bright white “side-scraper” stretches three-tenths of a mile along the eastern edge of downtown Los Angeles, sandwiched between railroad yards and the river on one side and the city’s burgeoning loft district on the other. This structure is One Santa Fe, whose 510,000 square feet of space includes 438 apartments (88 of which are affordable units), as well as 78,620 square feet of retail and office space. The development, located on a narrow parking lot leased from a transit authority, was built using $165 million in public and private housing and commercial financing. Surrounding One Santa Fe’s internal pedestrian promenade is an eclectic mix of retailers, including both local convenience businesses and regional specialty shops that complement the neighborhood’s artistic and creative energy.
Read more from the Urban Land Institute, here.