4th & Hill St.
DTLA Fully Entitled Highrise Development Opportunity with Option for Lowrise Project: 31-Story, 428 Multifamily Unit Highrise, or 7-Story, 178 Multifamily Unit Lowrise
Deal Type: Pre-Development, Development
Risk Profiles: Opportunistic
Property Types: Land
350 Hill is a permit ready, 31-story mixed-use urban infill development site consisting of 428 multifamily residential units, 5,610 SF of commercial use (including an approximate 2,980-SF leasing office and up to 2,630 SF of neighborhood-serving retail). Amenities for tenants designed into the project include up to 47,151 SF of common space including a sky deck, business lounge, club room and fitness center.
The development also has the potential to pivot towards a Type III construction project for mixed use urban infill development site consisting of 178 multifamily residential units, 2,400 SF of commercial use. A yield study shows the potential amenities for tenants could include 4,300 SF of open space, and 900 SF for a club room.