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Mixed-use development at L.A. River Park
The $1.2 billion project will encompass a four-story tower that’s already five stories tall on Main Street near the San Diego River, and expand the city’s waterfront as well as its urban park.
The 10-acre L.A. River Park, which opened in 1998, will include more than 150 acres of public space as well as a 3-acre public plaza.
In total, the $1.2 billion project will encompass a four-story tower that’s already five stories tall on Main Street near the San Diego River, and expand the city’s waterfront as well as its urban park.
Developers from RHA to Vornado Realty have been busy acquiring land in and around L.A. River Park, the city’s largest urban park, since the park opened on an empty stretch of San Diego County’s main artery near the downtown waterfront three years ago. More than 500 acres have been sold.
As part of the River Park, the project now includes 1,098 residential units, a hotel, an amphitheater, shops and restaurants. It also will include parking for 8,000 cars — nearly one-third of the park’s total, or 8,500 parking spaces.
Also under way is a $300 million mixed-use development at the former River Plaza lot that will contain 200 apartments, a restaurant, a movie theater and a hotel.
A third mixed-use development, the Vornado-owned WaterStreet at the River, will contain about 150,000 square feet of retail space in an old shopping center and residential units.
On Wednesday, RHA officials outlined plans for the next phase at L.A. River Park and presented plans for a second residential tower on the property.
The new apartments are set to rise in a parking garage on the southeast portion of the park’s riverfront, the L.A. River Park site of the first eight phase.
“This is a great site for this kind of high-end retail that has already been identified for several different types of retail,” said Dave Cramer, senior vice president, planning
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