Environmental review begins for $2B Fourth & Central development

Urbanize Los Angeles Steven Sharp An ambitious plan to redevelop a cold storage facility on the border between the Arts District and Skid Row continues to move forward. Yesterday, the Planning Department published the initial study for the $2-billion Fourth & Central complex in Downtown Los Angeles, kicking off the project’s environmental review period. The proposed development, led by Denver-based... Read Full Aricle


Denver Apartments Drew High Price Tags In January

Bisnow Molly Armbrister …Also in January, Equity Residential, the multifamily REIT controlled by real estate magnate Sam Zell, purchased two complexes totaling 594 units for a combined $311M. The buildings, dubbed Milo and Theo, are part of a $419M redevelopment effort on 26 acres at Ninth Avenue and Colorado Boulevard. The project’s developers, CIM Group and locally based Continuum Partners, sold... Read Full Aricle