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Palms' monster (with another mixed-user down the street)
God, what a steaming pile of...
Good news though; Palmer's building that burned down in DTLA is potentially not going to be rebuilt according to a recent news article. Maybe they fear that Palmer-hating pyromaniacs will sabotage the construction of this building again, given that the signs point to the fire being purposefully started.
Construction is mostly as wburg indicated, 1 story of steel and concrete with wood frame above (you can see the zip-board cladding in the image). Brick veneer instead of stucco though. These are done now, I think there's 6 residential stories with a garage and retail space below. There is a new sidewalk along Essex Ave. These are mostly subsidized housing; there's definitely people living there but the retail space is still all vacant. I did notice that a nearby local restaurant has changed its image (adding "and Bistro" to the name for one thing) to try to attract a more upscale clientele, don't know if it works.
It's certainly better looking than the dilapidated mostly-vacant low-rise commercial strip that used to be there, but the area is still pretty bad and most people getting off the train just hop into a car, taxi, or bus and get out of Dodge.
The Phoenix building strikes me as poor design because the front parking lot acts as a barrier between the building and anyone not coming to the building by means of an automobile.
An issue faced by many of these sorts of projects is there is not enough demand to sustain the ground floor retail. In San Diego, the zoning requires ground floor commercial, and it's built, but it stays vacant. The demand is for the upper stories of residential, given our residential 2.7% vacancy rate.
Downtown San Diego resident here; can confirm. That's changing though. They are putting in a much higher resident ratio, which should attract more commercial tenants to meet the supply.
Same buildings as my previous link, as seen today. Only 4 stories, not 6.
Note empty retail space.
They're building more on the far side of the station (across the tracks and to the west, to the left of the first image), right now just part of the metal structure is in place for those.
Same buildings as my previous link, as seen today. Only 4 stories, not 6.
Note empty retail space.
They're building more on the far side of the station (across the tracks and to the west, to the left of the first image), right now just part of the metal structure is in place for those.
How long have they been complete, and the retail space available for lease? From a rust-belt perspective, a retail space that is vacant for 6 months after completion isn't that noteworthy.
From a rust-belt perspective, a retail space that is vacant for 6 months after completion isn't that noteworthy.
I wouldn't think it noteworthy anywhere in the US. Most retail establishments require 1000s of potential customers passing by everyday for a property to be desirable; the few hundred who live in that building aren't enough to sustain retail unless the rent is cheap because the retail spaces are really small.
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