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October 16, 2003
Rich artists
Little Tokyo Lofts
Since opening in July, the $21 million project in a converted warehouse on San Pedro Street between Fourth and Fifth streets is 60% full. Jon Peterson and Michael Tansey, who in 1982 developed the first live-work lofts in Downtown, last year began construction on the high-end Little Tokyo Lofts. The complex contains 161 live-work units, averaging 1,000 square feet and renting for about $1,600 a month. Amenities include hardwood floors, marble and granite countertops, a pool and Jacuzzi. A footbridge will connect the building to a 300-car parking structure.
Posted by glyphic at October 16, 2003 04:43 PM