There are signs of life for a high-profile downtown Los Angeles project being overseen by Irvine’s SunCal Cos.
The master developer announced plans three years ago for a $2 billion mixed-use project, called 6AM; it proposes residential units, retail, offices, a school, and two hotels.
It closed on the 14.5-acre site at 6th Street and Alameda in 2015, the site currently holds warehouse space.
SunCal has yet to break ground on the project; it is still going through the entitlement process with the city of Los Angeles.
A new construction agreement could help push the project forward.
The company said earlier this month that it has partnered with the Los Angeles/Orange Counties Building and Construction Trades Council in a project labor agreement.
“This partnership between the developer and local, skilled construction workers will help ensure the project brings increased job opportunities and economic development to this area of Southern California,” said David Soyka, SunCal’s senior vice president.
The project, as currently envisioned, includes two 58-story residential towers “that respond to the shapes and scale of the downtown skyline” with 1,305 rental apartments, 431 condominiums, and a 510-key hotel.
Also proposed: 128,000 square feet of retail; 254,000 square feet of creative office space; a 29,000-square-foot school; a 23,000 square-foot art opportunity space; and two parks.
Herzog & de Meuron and Adamson Associates Architects are working with SunCal on the project, one of the more ambitious plans currently proposed for downtown Los Angeles.