An incoming Chinatown mixed-use development is “maybe a week or two away from getting plans approved and ready to issue,” Izek Shomof, founder of Shomof Group, the project’s developer, this week told What Now Los Angeles. The yet-to-be-named project, in the works since at least 2016, has been further delayed by the ongoing novel coronavirus pandemic.
The mixed-use entails 153 residential units, 2,499 square feet of ground-floor retail, and two levels of basement parking across a total of seven stories. The delivery is expected by late-2022 or early-2023, according to Shomof.
In 2016, the initial plans for the project were for 122 apartments, but the proposal was updated in August 2018. The development will replace a small commercial building at the corner of N. Spring and Alpine streets.
If the Shomof Group sounds familiar, it’s because the firm was one of the first developers to utilize the City’s Adaptive Reuse Ordinance. The group has been converting historic DTLA office buildings into live-work lofts featuring retail spaces, sidewalk cafes, independent boutiques, bars, and restaurants since 1999.
“As one of the first to recognize the potential of a revitalized Historic Core, Shomof Group’s housing conversions helped set the stage for downtown’s remarkable renaissance, sparking the ongoing influx of new residents and businesses to the historic heart of the city we’re still witnessing today,” according to the company’s website.
