Project Progress: Under Construction

75% Complete (success)

About Perla on Broadway

Broadway at 4th Street, Los Angeles, CA


Following the micro-housing trend that has taken root in places like New York City, Perla on Broadway, the 35-story, mixed-use tower at 400 South Broadway in downtown Los Angeles, seeks to attract first-time buyers and millennials to its 450 condominiums. Perla residences will be as small as 400 square feet for around $400,000, or about $850 per square foot, and larger residences will span up to 1,300 square feet. In total, Perla will contain 69 studios, 224 one-bedrooms, 39 one bedrooms with dens, 117 two-bedrooms, and one penthouse. 7,000 square feet of retail space will be located on Perla’s ground floor.


The $300 million, 740,000-square-foot project, built by SCG America, the U.S. subsidiary of Shanghai Construction Group, will span over half a million square feet and offer residents a combined 48,000 square feet of outdoor space, including three outdoor decks, swimming pools, cabana lounges, outdoor kitchens, dog runs, and outdoor fitness classes. Additional amenities include a jewel box-designed fitness center, a media room, and WeWork office spaces.


A lobby area opening onto Broadway will greet Perla residents as they arrive home. SCG plans to lease the project’s ground-floor retail space to bakeries, restaurants, and coffee shops, and will begin pre-selling condos in Spring 2018. The building is expected to be completed in 2020. Upon completion, the development will become the first residential high-rise built in The Broadway Theatre District, the downtown historic core of LA, in over a century. The following are renderings of Perla on Broadway


Perla Renderings

Dollar Volume $300,000,000.00
Square Feet 740,000
Sector

Retail

Housing

Stories 35
Start Date Sep 22, 2017
Completion Date Dec 31, 2020

Latest Updates


Perla on broadway 4th street downtown los angeles scg america callisonrtkl

Oct 02, 2017

35-story Perla on Broadway mixed-use tower breaks ground in Downtown Los Angeles

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