- Total GLA
- 35,401 sqft
- Center Type
- Mixed Use
The plan is to redevelop the site as an urban mixed-use project and upon completion, the project is expected to consist of 170 live-work residential units with up to 35,401 SF of retail availability, a stand-alone self storage facility, and 17,456 SF of existing theater to be converted into office and production space.
The site is centrally located in Cypress Park, a Northeast Los Angeles neighborhood directly in the path of growth of the rapid revitalization of Downtown Los Angeles, Chinatown, Lincoln Heights, and Highland Park. The 2 acre-site, 240,000 SF development including over 35,401 SF of potential retail is a rare opportunity in an area where parcels generally are much smaller and building at institutional scale is particularly difficult.
In addition, the Subject Property has great accessibility from the 110, 5, and 2 freeways. This convenience allows drivers to avoid the gridlock of Downtown LA. North Figueroa Street provides direct route to Highland Park, Eagle Rock, and Pasadena while Cypress Ave and San Fernando Road guides drivers straight into Glendale.