Downtown Los Angeles Redevelopment Opportunity
1221 South Hope Street is a redevelopment opportunity in the heart of downtown Los Angeles (DTLA). The ±7,736-square-foot site, currently occupied by a low-rise commercial building, has preliminary approvals for a new +/- 75-room hotel. The site is one block from the Los Angeles Convention Center, L.A. Live and the Staples Center.
DTLA is home to a growing, affluent population. It is in the midst of its biggest construction and revitalization boom since the 1920s.