Koreatown: LA’s hottest neighborhood for development

Posted on December 2, 2017

Koreatown: LA’s hottest neighborhood for development

ktown

It’s no surprise in our current economic climate that up-and-coming neighborhoods are all the rage. Koreatown has been voted the hottest place to develop and live in Los Angeles by Curbed LA and our development strategy in 2017 has been parallel to that thinking.

Koreatown is LA’s newest frontier for innovators, entrepreneurs and artists, located at the heart of a cultural mashup between Hollywood and DTLA. The city’s trendiest coffee shops, restaurants, nightclubs, and bars are all within reach. And, CGI’s properties are at the center of the action, surrounded by an energetic and diverse community where fresh ideas spark and new connections form.

Check out where CGI is in Koreatown and read the full article published by Curbed LA below.

kodo

The KODO

2867 Sunset Place, Los Angeles

http://www.thekodo.com/

Our 60-unit luxury building, offering coveted residential hotel living, allows residents to connect, work and kick back in one of LA’s hippest and culturally rich locales. Designed with natural woods, neutral colors and a clean, luxurious feel, the building is truly the nicest place in Koreatown to call home.. https://cgiplus.com/project/kodo/

 

Mariposa

Mariposa

259 S. Mariposa Ave, Los Angeles

The lot was purchased in 2015 and we broke ground in the beginning of 2017. At the end of 2019, Mariposa will be a mixed-use multifamily residential and retail establishment in the heart of Koreatown. https://cgiplus.com/project/mariposa/

Fedora

Fedora Project

826 – 840 S. Mariposa Ave & 849 S. Fedora St, Los Angeles, CA

Our 2017 acquisition of adjoining lots was the start of the Fedora Project. Fedora will be around 180-residential units atop the assemblage of six lots, surrounded by bustling shops, restaurants and creative nightlife. At the corner of Mariposa and Fedora, this property will bring unprecedented value to Koreatown. Expected completion is in the end of 2019. https://cgiplus.com/project/fedora-project/

Read Curbed LA’s entire article review of Koreatown here: https://la.curbed.com/maps/koreatown-map-development-construction-new-buildings

 

 

More CGI+ News & Press

Gidi Cohen’s CGI+ plans 20 stories of apartments in Hollywood

Gidi Cohen’s CGI+ plans 20 stories of apartments in Hollywood

CGI+, the investment and development firm founded by Gidi Cohen, has filed updated plans for a major apartment complex in central Hollywood. The project would be located at 1830 North Cahuenga Boulevard, at the corner of Cahuenga and Franklin Avenue, a prime Hollywood location a few blocks north of the Hollywood Walk of Fame.

read more
Best Bosses | Here are Real Estate Forum’s picks for Best Bosses in 2023.

Best Bosses | Here are Real Estate Forum’s picks for Best Bosses in 2023.

The last year has not been easy for the head of a commercial real estate company. Inflation and the Fed’s response, as well as trends that emerged from the pandemic, have clearly had an impact on the industry across all of the sectors. Besides the effect of, say, ongoing remote work on the beleaguered office asset class or the slowing pace of rent increases in multifamily, these executives have also had to navigate an increasingly difficult capital markets environment. I have some bad news for this group: the near-term future doesn’t look any easier. Enter our selection of Best Bosses this year. This year’s picks were made at least in part based on their resiliency and ability to position their companies for future growth, whenever that might occur. We are confident these strengths will see them through what could be choppy waters ahead.

read more