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8/17/16
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CIM Group has commenced construction of a 34-story apartment tower with 6k sf of ground floor retail space and a public pocket park at 888 S. Hope St in downtown Los Angeles. The building is rising at the corner of 9th St and Hope, adjacent to a seven-story, 654-stall parking structure completed previously by CIM and that includes a 5k sf Petco.
The 525-unit apartment tower will offer contemporary residences ranging in sizes and floor plans, and will feature many large communal gathering spots. A 30k sf rooftop deck atop the parking structure, accessed from the apartment building’s eighth floor, is designed with an outdoor pool, lounge, garden and other green spaces and recreation areas. In addition, the 34th floor of the building will include a lounge and a large outdoor terrace.
888 S. Hope is located in the heart of the popular South Park district, a walkable downtown neighborhood that provides many shopping, dining and entertainment options including the Ralphs supermarket and other retailers across the street in a property also developed by CIM.
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