By now, you've probably noticed that many of those condo projects that got shelved during the housing meltdown are being dusted off. Latest case in point: Trumark Urban's plans to jumpstart a condo development in Downtown LA. The company, an offshoot of San Francisco-based Trumark, bought a fully entitled (in '07, then it stalled) site in South Park to build a $100M, 151-unit development. Trumark Urban plans to break ground in January after spending the rest of the year freshening up the design, amenities and unit mix. The 24-story project will boast a sky-pool lounge area, pet-washing stations (separate from the pool, which is good news), and a movie theater. The company is under contract to buy a second Downtown LA condo site with construction anticipated in Q3.
LA: Condos Finally Coming Off the Shelf
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