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12/05/07
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One of the most exciting developments changing the landscape in downtown Los Angeles is the Market Lofts at 9th and Flower, a brand new $70 mil mixed-use urban community located adjacent to the business and financial district and South Park residential area. The project, a development of Lee Homes and CIM Group of Los Angeles, was designed by KTGY Group Inc Architecture and Planning, based out of Irvine. It just recently opened to the public.
Photo by Christopher Mayer Photography |
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The Market Lofts at 9th and Flower includes six stories of for-sale lofts above street-level retail and a subterranean garage. The retail is anchored by a much-anticipated Ralphs Fresh Fare supermarket, the first supermarket in downtown Los Angeles since the 1950s. The new Ralphs features a dry cleaners and a full-service pharmacy and some of the happiest shoppers and employers you’ll ever see. We’ve seen it first-hand. Other retailers at the Market Lofts include The Coffee Bean & Tea Leaf, Cold Stone Creamery, Quiznos Subs, the UPS Store, Robeks Juice and Pastagina.
“The design challenge was quite exciting,” said KTGY’s David Obitz, Principal and the lead designer of the project. “On less than a half an acre, we designed a vibrant, fully integrated mixed-use environment that addresses the pent-up demand for quality housing and provides an array of retail services in the downtown core, and has further escalated the caliber and number of residential options and amenities in the South Park community.”
Photo by Christopher Mayer Photography |
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The Market Lofts consists of 267 one- and two-bedroom for-sale, open lofts ranging in size from approximately 695 sf to 1.6k sf. Each unit is designed with expansive windows, stylish kitchens with stainless steel appliances, stone countertops, Italian cabinetry and a host of contemporary accents throughout. Market Lofts residents also enjoy a landscaped courtyard complete with swimming pool and spa, social room with gourmet kitchen, fitness center, screening room and private residents entry. The convenient subterranean garage has room for approximately 700 cars.
“The project was originally undertaken by RTKL as rental apartments however KTGY took over during the design development phase and had the challenge of converting the design from apartments to condominiums,” said KTGY’s Chairman and Principal Stan Braden, AIA. “This conversion added a story to the building and changed the unit size and unit mix.”
The bold colors of the project make a lasting statement of vitality. “On the Hope Street side of the building, we tried to capture the vibrant green color of the nearby park,” Obitz noted. “Along Flower Street, we tried to capture the golden warmth of the afternoon and evening western sun. At the same time, using these vibrant colors provided us with the opportunity to position the residential component to stand out in the neighborhood along with the retail component.”
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