New Construction - Mixed-Use: 1230 Wilshire Blvd, Los Angeles, CA 90017

Urban Core Developments LLC has officially filed plans for a significant new mixed-use project at 1230 Wilshire Blvd, aiming to reshape a prominent corner in Downtown West. The proposed development features a 32-story tower that will house 280 residential units, a mix of studio, one, and two-bedroom apartments, catering to the growing demand for urban living in the area.

The ground floor of the ambitious project is slated to include 15,000 square feet of retail space, designed to activate the street level and provide amenities for both residents and the surrounding community. This commercial component is expected to attract a variety of businesses, from cafes to boutique shops, enhancing the pedestrian experience along Wilshire Boulevard. The development also includes five levels of subterranean parking, a crucial feature in the dense urban environment.

With an estimated value of $185 million, this project represents a substantial investment in the revitalization of Downtown West. Urban Core Developments has a track record of delivering high-quality urban infill projects, and this latest proposal aligns with the city's goals for increased housing density and transit-oriented development. The filing marks the beginning of what is expected to be a multi-year process involving public review and approvals.