Tribune Media is aiming to build a 30-story condominium tower next to the Los Angeles Times building in downtown, according to an entitlement application filed Tuesday with the Los Angeles Department of City Planning.
The project would replace a surface parking lot while retaining a five-story parking structure next to a forthcoming light rail station at Broadway and Second Street.
Plans call for a mixed-use building incorporating 107 condos, 534,044 square feet of office space, and 7,200 square feet of ground-floor commercial space.
Tribune held on to the parcel when it sold the neighboring Times building last week for $105 million to developer Onni Group. Onni is planning to build apartments in place of a 1970s-era chunk of the building, if it is able to secure the construction entitlements.
Tribune’s project, however, is distinct.
Tribune spokesman Gary Weitman confirmed that Tribune filed the application, but declined to elaborate on the company’s plans.
The Chicago-based media company last week also sold the Times printing plant in downtown to Harridge Development Group for $120 million, and the Tribune Tower in Chicago to CIM Group for $205 million.
News that an application had been filed for the condo site was first reported by website Curbed L.A.
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