New Details Emerge for DTLA’s Circa
- Jan 26, 2017
Los Angeles—Circa, the 2.7 acre mixed-use project being build in Downtown Los Angeles, has unveiled a new website that shows renderings of what the finished $500 million community will look like when it opens in early 2018.
Hankey Investment Company, Jamison Services Inc., Falcon California Investments and Highlands Capital Inc. own the project.
Besides being centrally located in a 24-hour, vibrant area in one of the most booming cities in the world, Circa offers so many amenities to its residents that they don’t need to leave the premises to get everything they desire,” Scott Dobbins, Hankey Investment Company’s president, told MHN. “It’s going to do more than just change the skyline–it’s going to become the ‘there’ in downtown.”
Located in the heart of the South Park District at 1200 S. Figueroa St., directly across from STAPLES Center and LA Live, Circa will consist of 648 luxury rental units in two 35-story towers set on a seven-story podium, along with 48,000 square feet of prime, ground-level retail space.
With views sprawling over the San Gabriel Mountains or the Pacific Ocean, residents can enjoy beautiful scenery while eating at one of the several restaurants located at the base of the development. The deck offers two pools—a fitness center with a lap pool, and a large circular lounge pool—indoor and outdoor yoga and Pilates, cabanas, BBQ units, a library-wine bar, a clubhouse, plus a chef’s kitchen with private dining.
Since the groundbreaking, the ownership team has made substantial progress.
“Now we’re 20 stories in the air so the complex overall is very visible as our glass is now going on and Circa’s signature curved shape of the twin towers starts to take its place on the Los Angeles skyline,” Dobbins said. “We’re pushing closer to being able to take reservations for the luxury rental housing and we’ve launched the leasing website, along with the unveiling of dynamic new renderings that showcase the complex overall.”
Circa is centered between two of the most dynamic, fastest growing residential and retail submarkets in DTLA—South Park and the Sports and Entertainment District. It offers easy access to the three major freeways nearby and is just feet away from the Expo Line and Blue Line light rail stop.
“With Circa’s 17,000 square feet of vibrant digital signage and 48,000 square feet of prime retail shops, we are creating a sleepless, urban lifestyle environment, rivaling New York’s Times Square within close proximity to just about anywhere a resident would want to go,” Dobbins said. “The timing for Circa is just right. DTLA is under revitalization and Circa is adding to the appeal of a city that has always been a great place to visit, but not a place people wanted to live, until now.”
Circa has become a demandingly noticeable structure even before the topping out, which is slated for May.