HOME     FIRM PROFILE     SERVICES     FEATURED PROJECTS     CLIENTS     NEWS     STAFF     CAREER OPPORTUNITIES     CONTACT US   


Craig Lawson & Co. News






Construction goes vertical for 42-story apartment tower at 8th & Figueroa

Across the street from Figat7th
Urbanize Los Angeles  March 3, 2021

The project, which broke ground in July 2020, will consist of a 42-story building featuring 438 studio, one and two-bedroom apartments above a parking podium lined with 7,500 square feet of ground-floor retail space. Renderings depict a contemporary glass building with LEDs embedded into its facade. As a condition of approval, Mitsui Fudosan will also encase the project's parking garage in the same type of glass wrapping the trunk of the tower.


Craig Lawson & Co  News



Lincoln Heights Housing Development Approved by City Planning Commission

Affordable and permanent supportive housing with ground-floor commercial uses
Urbanize Los Angeles  May 20, 2020

The project, which was approved without discussion as part of the Commission's consent calendar, would rise from a property at 3000 N. Main Street. Culver City-based developer Decro Corp. is seeking approvals to construct a mixed-use complex consisting of 97 apartments - including affordable and permanent supportive units - with nearly 72,000 square feet of commercial uses dedicated to medical offices, a medical clinic, and a market.


Craig Lawson & Co  News



L.A. County Supervisors Approve Nearly $57M for Supportive Housing Developments

Six projects totaling 550 residential units.
Urbanize Los Angeles  January 8, 2020

The Los Angeles County Board of Supervisors has voted to earmark nearly $57 million in No Place Like Home funds for a series of affordable and permanent supportive housing developments in Downtown Los Angeles and the San Fernando Valley. The six projects - which bear a total estimated cost of more than $260 million - would create a total of 550 residential units.

Craig Lawson & Co  News



Proposed Supportive Housing Project Would Add 454 Units Near Hollywood

The development planned for Rampart Village is requesting funds from Proposition HHH
Commercial Observer  September 24, 2019

A supportive housing firm is planning to redevelop a property near Hollywood with 454 affordable units to help address the growing homeless population and the corresponding affordability crisis.

Flexible PSH Solutions Inc. filed plans for the project at 321 North Madison Avenue in Rampart Village, about two blocks east of the Metro station at Vermont Avenue and Beverly Boulevard, Urbanize L.A. reported. The units would be designated for low-, very low-, and extremely low-income households.

Craig Lawson & Co  News



CEQA:
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.


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



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.





More News

Archives

December 11, 2017 Los Angeles Times
Weingart Center plans homeless housing for skid row

November 10, 2017 The Real Deal
LA’s new transit-oriented development incentives

August 23, 2017 Los Angeles Times
Herzog & de Meuron reveal plans for Berggruen Institute site

January 7, 2017 Los Angeles Times
Downtown LA hasn't seen this much construction since the 1920s

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

> L.A. is working on major zoning code revamp, July 31, 2014
> Koreatown luxury high-rise is sold for $283 million
> Downtown building boom stretching west of financial district, 2014
> Downtown L.A. goes from gritty to glitzy, 2014
> Emerson College opens futuristic outpost in Hollywood, 2014
> Downtown's South Park catching a wave of new development, 2014
> Emerson College building new campus in Hollywood, 2012
> 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





3221 Hutchison Avenue, Suite D . Los Angeles, California 90034 Phone: 310-838-2400 . Fax: 310-838-2424