The project, an expansion of TenTen Wilshire is replacing a 37,000-square-foot parking lot with 376 live/work apartments, commercial space, and amenities. The $180-million project, originally proposed in 2006 as a 52-story tower, was put on hold following the global financial crisis. Amidi later revived the development as the more modest mid-rise edifice reflected in the current plan.
1027 Wilshire will feature amenities such as a rooftop pool deck, a fitness center, a theater room and an 800-car parking garage.
Completion is anticipated in 2020.
The original TenTen Wilshire, which opened across the street in 2007, repurposed the former 16-story headquarters of the Signal Oil Company as rental housing.