Perla on Broadway Update 10/02/17

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

SCG America, the U.S. subsidiary of Shanghai Construction Group, broke ground Thursday, September 22nd, 2017 on Perla on Broadway, a 35-story, 450-unit mixed-use condominium building with 7,000 square feet of street-level retail. Perla’s residences will be ideal for first-time buyers and millennials, with condominiums ranging from 400 to 1,300 square feet starting at around $400,000. SCG America will begin pre-selling units next spring and plans to lease the project’s ground-floor retail space to bakeries, restaurants, and coffee shops. Completion of Perla on Broadway is expected in 2020.

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