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San Francisco's MacFarlane Partners is expected to break ground this month on Phase 2 of its Park Fifth project in DTLA.
The development's first phase is a seven-story building with 313 units. The second phase is a 24-story tower on Fifth and Olive streets that will be built by Suffolk Construction, the LA Downtown News reports.
The 460K SF project will have 347 apartments and a swimming pool, a fitness center, a rooftop terrace and an outdoor kitchen.
It is being designed by Ankrom Moisan Architects.
The entire project is scheduled to be completed in 2019.
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