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Japanese Conglomerate Aims To Build High-Rise In The Financial District

8th Street, DTLA

The U.S. arm of Japan's Mitsui Fudosan wants to build a high-rise in DTLA's Financial District across the street from Whole Foods Market at 788 South Grand Ave.

The 40-story, mixed-use tower would be 467 feet high with 409 units built above 7,329 SF of ground-floor commercial space along the 8th Street corridor, Urbanize LA reports.

Existing parking would be torn down to make way for a six-level, 487-car garage.

Developer Mitsui Fudosan already has plans to build a 42-story high-rise in the area at 8th and Figueroa streets.