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Atlas Capital Plans 1K Apartments at Row DTLA

Atlas Capital Group filed plans to build 1K apartments at Row DTLA, a major retail and office campus in Downtown LA, due to new zoning rules.
Atlas Capital Plans 1K Apartments at Row DTLA
  • Atlas Capital plans to replace parking lots at Row DTLA with two eight-story apartment buildings, bringing 1,000 residential units to the 32-acre mixed-use campus.
  • The project aligns with new zoning rules under the DTLA 2040 plan, which promote redevelopment and higher-density housing in industrial zones.
  • Row DTLA continues its evolution as a “city within a city,” adding residential units to its existing mix of retail, office, and entertainment spaces.
Key Takeaways

New York-based Atlas Capital Group is set to expand its Row DTLA campus with 1,000 residential units, further enhancing the site’s transformation into a vibrant mixed-use district. According to The Real Deal, plans filed with the city reveal two eight-story apartment buildings will rise at the Arts District campus, replacing surface parking lots along Alameda Street.

The Project

Atlas Capital’s proposed development will include two structures:

  • A 367-unit building on the north side of the property.
  • A 633-unit building on the south side will also feature 6,131 SF of ground-floor retail and restaurants.

Both buildings will include underground parking for up to 1,000 vehicles.

The project timeline and cost details have not been disclosed.

Zoning Changes Enable Growth

This ambitious residential addition follows new zoning rules established under the DTLA 2040 plan, which was approved in 2023. The updated zoning allows for the redevelopment of parking lots and industrial areas to accommodate significant population and job growth in Downtown Los Angeles by 2040.

The plan aims to bring 125,000 new residents and 100,000 new jobs to the area, making Downtown LA a focal point for urban development.

Row DTLA’s Evolution

Originally developed as the L.A. Terminal Market over a century ago, the 32-acre Row DTLA campus has been reimagined since 2016 into a hub of shops, restaurants, art galleries, and office spaces. The property’s iconic industrial architecture and prime location near the Southern Pacific Railroad have made it a popular destination.

By adding housing to its roster, Row DTLA is positioning itself as a truly self-contained community, or as Atlas describes it, a “city within a city.”

Atlas Capital’s Broader Plans

The Row DTLA project is just one of several major developments Atlas Capital is pursuing in Downtown Los Angeles. The firm has also filed plans for:

  • A 725-unit apartment complex near Metro’s Chinatown Station.
  • A new production studio across Alameda Street at a former Los Angeles Times printing plant.

These projects underscore Atlas Capital’s long-term commitment to shaping the urban fabric of Downtown LA.

Why It Matters

Adding residential units at Row DTLA highlights the growing demand for housing in Downtown Los Angeles, particularly as the area transforms into a mixed-use, high-density urban center. With DTLA 2040 enabling such redevelopment, projects like this pave the way for sustainable growth in one of the city’s most dynamic neighborhoods.

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