Here’s The Story on Those Towers Rising Up by Staples Center

A new luxury development is springing into the South Park skyline
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The downtown skyline is inching south as high-rise housing starts to fill in the low-lying area below the financial district. While a lot of the projects focus on “luxury,” one that stands out is the pair of elliptical apartment towers rising fast at Figueroa and 12th streets.

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Designed by Harley Ellis Devereaux (the folks who brought us the Americana at Brand and USC’s new Village), the $500 million, 648-unit Circa Towers promise amenities that range from a library (you know, for books) and wine bar to outdoor yoga classes and a two-acre (private) park, complete with an outdoor kitchen, 100 feet above the street. There’s also the location. Scott Dobbins, president of builder Hankey Investment Company, part of the consortium developing Circa, pitches the project as “a front-row seat at L.A. Live and Staples Center.”

For all that comfort, you can expect to pay anywhere from $3,500 to $30,000 a month when the doors open next spring. That’s also when the Blade Runner-style wraparound LED screens on the eight-story parking garages will be fired up. What the neighbors will think is another matter, but the screens are certain to be an eye-opener. Says Dobbins: “We will help turn downtown L.A. into a 24-hour city.”

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