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20-Story Tower to Rise at 11th and Grand

By Eric Richardson
Published: Wednesday, June 09, 2010, at 01:56PM
11th and Grand Eric Richardson [Flickr]

This former parking lot at 11th and Grand was cleared last week to make way for what is planned to be a 20-story condo tower with 19 units at 4,000 square feet each.

Despite the fact that the firm is in the midst of a bankruptcy case, Meruelo Maddux seems to have big plans for South Park. The company has filed for approvals to construct a 20-story condo tower on the northwest corner of 11th and Grand that would contain just 19 units -- each one occupying an entire 4,000 square foot floor.

According to documents filed with the City's Planning Department, the tower would rise 240 feet and would contain 81,000 square feet of total floor area. Last week the company tore out a surface parking lot that had occupied the site.

Each unit would also feature a "deep deck / balcony" on the western side of the building. A swimming pool, sauna and spa are listed as being included in the project. Their location is not specified. Code requires 29 parking spaces for the project. Plans appear to show only ten, but another document references 31 spaces.

Touted in a solar readiness document are the circulating breezes offered by the units' operable windows on all four walls.

A representative of Meruelo Maddux this morning declined to make any comment on the project.

The project would be the company's third residential development in Downtown. The first, Union Lofts, is a rental property at the corner of 8th and Hill. The second, 715 W. 9th, was nearing completion when the firm entered bankruptcy. It was sold to Watermarke Properties in April and opened for leasing as Watermarke Tower soon after. Meruelo Maddux received a $20 million cash infusion from that sale.

It is unclear whether the project would be sold or operated as rentals. The company applied for a tract map in February, and a review of the case file today showed recent activity.

The developer has also applied for a building permit for the tower, offering a sign that it believes itself to be in a position to start construction.

Update (5pm): Renderings are posted over at Curbed LA.

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