Two 35-story towers at 12th and Figueroa officially opened today, welcoming their first residents. Located directly across the street from LA Live and fronted by a 18,000-square-foot LED screen, the 648-unit project is hard to miss.
“Circa embodies luxury urban living to the fullest,” says Scott Dobbins, president of Hankey Investment Company, one of the four investment entities that owns the development. “It’s a city-within-a-city that will become a focal point of Downtown LA.”
The development, designed by Harley Ellis Devereaux and Hanson LA, includes a variety of residential units, plus shops and restaurants and a private two-acre park.
The apartments range from 600-square-foot one-bedrooms to lavish, nearly 4,000-square-foot penthouses.
Rents start at $3,000 and go up to $25,000 a month for the penthouses. Three of the six penthouses are already leased, according to developers.
Residents have access to a two-acre private park by LRM Landscape Architecture, two pools, two spas, and outdoor fireplaces.
At the ground floor, Circa holds 48,000-square-feet of retails space, including 26,000 square feet for restaurants. The names of the retail tenants haven’t been released yet, but they are expected to include “up to four nationally-branded retailers.”
Circa is one of more than 30 projects under construction or in the planning stages in the South Park neighborhood.