Craig Lawson & Co. News

The law that every developer loves to hate

What real estate really wants out of environmental review reform.
The Real Deal  April 17, 2019 by Dennis Lynch

The California Environmental Quality Act, or CEQA, is one of the most divisive state laws in real estate.

In the opinion of most developers, from strictly market-rate operations to 100 percent affordable builders, it’s an absolute disaster. For anyone looking to stop or influence development projects, it’s a godsend.

LA Planning Newsletter
Craig Lawson & Co  News

The Residential High Life at a $500 Million Project

The project at 1200 S. Figueroa St. has 648 apartments and an 18,000-square-foot digital billboard.
Los Angeles Downtown News  January 9, 2019

DTLA - In a supercharged development scene, it barely counts as news anymore when a Downtown housing project opens. As Los Angeles Downtown News recently reported, eight market-rate developments are coming online in the South Park area in the space of about six months, bringing a total of more than 3,300 rental units.

Yet amid that torrid pace, the Circa project stands out. That happens with a $500 million budget and a design that literally alters the Downtown Los Angeles skyline.
Craig Lawson & Co  News

Infill Development Breaks Ground in Echo Park

3-story building on Echo Park Ave. w/apartments & retail
Urbanize LA, Echo Park  December 19, 2018

Los Angeles-based real estate investment firm MWest Holdings has broken ground on a mixed-use Echo Park development.

The project, located at 1533-1539 Echo Park Avenue, will consist of a three-story structure featuring 35 studio apartments above 2,000 square feet of ground-floor retail space and 40 basement parking spaces.

Craig Lawson & Co  News

Urbanize.LA  -  Editorial by Craig Lawson and Jason Lopata on September 04, 2018

“Either you bring the water to LA or you bring LA to the water.” The classic movie Chinatown tells the story of a crucial period in the city’s development: when the construction of a great aqueduct allowed Los Angeles to grow dramatically from its humble origins. The plan, as this line from the film describes, was to concentrate the city’s future growth in the San Fernando Valley, where few people lived at the time but where that water source was most accessible. Today, a new giant of civic infrastructure is in the works, and once more LA is being moved closer to it.
Craig Lawson & Co  News

Will Downtown Spillover Fill Out Westlake?

REAL ESTATE: Stretch of 7th Street points up potential
Los Angeles Business Journal August 24, 2018

There is a shortage of where people can go and develop right now,” said Seth Grossman, a Century City-based senior managing director at Meridian Capital Group, a commercial real estate finance and advisory firm headquartered in New York.

Spillover has until recently extended only as far as a section of Westlake that hugs the 110 freeway, where several new residential projects have risen among office buildings that give the area a downtown feel.

Craig Lawson & Co  News

Weingart Center plans first high-rise homeless housing for L.A.'s skid row

Los Angeles Times December 11, 2017

For decades, the Weingart Center has been a fixture on Los Angeles’ skid row, one among the many places of refuge where homeless men and women come for shelter, food and support.

Now the social services agency is expanding its mission into permanent housing and plans to do it with a flourish by reshaping the skyline of L.A.’s most depressed neighborhood.

Craig Lawson & Co  News

Craig Lawson at Metropolis Panel

Everything you need to know about LA’s new transit-oriented development incentives

The Real Deal November 10, 2017

A new city planning initiative aims to add affordable housing development near mass transit, but some real estate insiders question whether it does enough to entice market-rate builders.

The LA Department of City Planning released the official Transit Oriented Communities (TOC) Affordable Housing Incentive Guidelines on Sept. 22. The new rules aim to streamline the development process and incentivize affordable housing development by implementing a section of Measure JJJ, which was passed by voters in Nov. 2016.

Craig Lawson & Co  News

Berggruen Institute Campus, Los Angeles

Herzog & de Meuron reveal plans for Berggruen Institute site north of the Getty Center

Los Angeles Times August 23, 2017

On a spectacular site covering 447 acres just north of the Getty Center, the billionaire philanthropist Nicolas Berggruen is planning, as the new headquarters for the 7-year-old institute that bears his name, an ambitious but low-slung and generally restrained campus of buildings. It will be designed by Swiss architecture firm Herzog & de Meuron (with L.A.’s Gensler) and set within a landscape by Michel Desvigne and Inessa Hansch.

Craig Lawson & Co  News

Craig Lawson at Metropolis Panel

Craig Lawson Appears on Metropolis Panel

Sponsored by the Urban Land Institute (ULI) Los Angeles Chapter, on April 27, 2017 Craig Lawson participated in a panel focused on the opening of the Metropolis Mega Project in Downtown LA. What began as a 6.3-acre land assemblage in the 1980’s has become LA’s largest residential, retail and hotel mixed-use complex including four towers with over 1,500 condos, 350 hotel rooms and 70,000 sq. ft. of retail space. Craig Lawson & Co., LLC has led the effort to obtain the complex land use entitlements for this project, and has successfully processed several modifications to the original entitlements, including a Conditional Use Permit for the new Hotel Indigo.

Downtown Los Angeles hasn't seen this much construction since the 1920s

Los Angeles Times January 7, 2017

Craig Lawson & Co NewsOn the corner of Wilshire Boulevard and Figueroa Street in downtown Los Angeles, workers are putting the finishing touches on the Wilshire Grand, the West Coast’s tallest building. Owned by Korean Air, it rises 1,100 feet and will have a hotel, offices and observation deck when finished.

Two blocks away, China’s Greenland Group is busy erecting the four-tower Metropolis community, a $1-billion development with 350 hotel rooms and more than 1,500 condos.

Craig Lawson & Co  News

More News


March 8, 2016 Los Angeles Downtown News
Downtown's Biggest Housing Project Ever Is Filling Up >

July 31, 2014 Los Angeles Times
L.A. is working on major zoning code revamp >

July 25, 2014 Los Angeles Times
Koreatown luxury high-rise is sold for $283 million >

June 26, 2014 Los Angeles Times
Downtown building boom stretching west of financial district >

April 10, 2014 Wall Street Journal
Downtown L.A. goes from gritty to glitzy >

February 28, 2014 Los Angeles Times
Emerson College opens futuristic outpost in Hollywood >

January 19, 2014 Los Angeles Times
Downtown's South Park catching a wave of new development >

March 2, 2012 Los Angeles Times
Emerson College building new West Coast campus in Hollywood >

> New Kids on the Barker Block, 2008
> Gold Nugget Award, Best Mixed Use Project, 2007
> Sunset and Gordon, January 8, 2007
> CRA Approves Plan for 3 Towers and 875 Condos
> Developers Call Land Use Ace Craig Lawson, 2005
> Downtown Hotels Go Condo, January 31, 2005
> The Last Days of a Master Planner, January 2005

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