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May 21, 2018
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Construction Started on 24-Story Res Tower in Downtown Los Angeles


MacFarlane Partners has just broken ground on the second phase of its Park Fifth development in Downtown Los Angeles. The 24-story building will contain 347 units of mixed-use apartments and 5.3k sf of retail. Phase I of the project will be comprised of 313 mixed-use apartments 7.5k sf of retail space. The completion of both phases is scheduled for 2019.

Amenities at Park Fifth will include: a 14k sf courtyard, a pool deck with a zero-edge 60x20 foot pool, cabanas, poolside bar, hot tub, BBQ areas and out-door dining areas; an indoor/outdoor fitness center with cardio, weight room and fitness on demand; resident lounges with multiple entertainment and media offerings, including bar, kitchen, ample seating, private dining and televisions.

Situated directly across from Pershing Square and diagonal from the historic Millennium Biltmore Hotel, Park Fifth sits in the heart of Downtown Los Angeles. Also in walking distance is the Pershing Square Metro Station, Grand Central Market, the Financial District on Bunker Hill, and the planned route of Downtown Los Angelesís restored historic streetcar line.

The architect on both phases of Park Fifth is Ankrom Moisan Architects. Bernards is the general contractor for Phase I and Suffolk Construction for Phase II.

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