The Los Angeles City Council has voted to approve plans from Vancouver-based developer Onni Group to construct a high-rise apartment building at the corner of Olympic Boulevard and Hill Street.
The project, which would replace a surface parking lot, calls for the construction of a 60-story building featuring 700 studio, one-, and two-bedroom apartments atop a podium featuring 1,075 parking spaces and 15,000 square feet of ground-floor commercial space.
The proposed development, designed by Chris Dikeakos Architects, would stand 760 feet in height. Renderings depict a contemporary glass-clad tower, with a podium capped by a landscaped amenity deck and wrapped by habitable spaces.
Onni Group's project has faced appeals from from both the Laborer's International Union of North America and hotel laborers union UNITE HERE Local 11. Both were denied by the City Council.
The City Council also voted to designate the Olympic & Hill tower as a Sustainable Communities project, a status which limits the potential for legal challenges brought via the California Environmental Quality Act.
Construction is anticipated to occur over approximately 30 months, concluding in 2022, according to the project's environmental assessment.
Onni has invested heavily in Downtown Los Angeles in the past decade, purchasing office buildings and constructing multiple residential towers. Besides Olympic & Hill, the Canadian firm is also planning to redevelop a portion of the Times Mirror Square complex with over 1,100 apartments.
- 1000 S. Hill Street (Urbanize LA)