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June 1, 2009
"Largest" Sales Event Ever This Weekend at Evo
April 20, 2009
Evo Maintains Furious Sales Pace,
Announces New "Homebuyer Advantage Sale"
March 2, 2009
Evo High-Rise Reports 24 Year-to-Date Sales, Continues Furious Pace as Los Angeles’ Leading Residence
February 2, 2009
Sales Success at Evo High-Rise Signifies Steady Consumer Demand
September 4, 2008
The “EVO”-lution of South
August 1, 2008
Sip, Sup and Celebrate the Art Scene at South
July 25, 2008
LA Hard Hats
April 22, 2008
Good as Gold for Going Green: Luma Awarded LEED Gold Certification on Earth Day
October 30, 2007
The Midas Touch: The South Group’s Elleven Awarded LEED Gold Certification
April 11, 2007
Building on Success
December 18, 2006
The South Group Steps up Customer Service with Management Position
November 20, 2006
The Building Buzz is “Brewing” in South Park
July 6, 2006
Jr. Achievement “Job Shadows” Developers, Learns the Nuts & Bolts of Building Industry
June 23, 2006
The South Group's Evo Comes Flying Out of the Gate With Stunning Sales Event Numbers
March 7, 2006
Evo Elevates Urban Living in Downtown Los Angeles
December 21, 2005
Sierra Club Names The South Group’s Portland Development One of America’s Best
December 1, 2005
"Figueroa South," The South Group's Newest, Earns CRA Approval
November 29, 2005
Developers Thrilled by Weekend Sell-out
November 3, 2005
Civic, Business Leaders and Urban Pioneers
October 27, 2005
The South Group Announces Plans for New "Figueroa South" Residential Development Within the "South" Community
October 27, 2005
Evo, Developer's Third New Luxury Condo Project, Breaks Ground in Downtown Los Angeles
August 31, 2005
Downtown Urban Development Strengthened By Unique Relationship
August 23, 2005
Elleven's Scorecard: 50% Complete; 100% Recycled
August 16, 2005
The South Group Breaks Ground on Luma, Downtown Los Angeles' All-New Condominium Project
April 20, 2005
Green is Gold for Prominent LEED Developers
April 8, 2005
Downtown Developer, The South Group, Honored
November 15, 2004
Getting In On the "Ground Floor," Urban Pioneers Swamp Developers of First New Downtown L.A. Condos
October 19, 2004
The South Group & AEG Join the Mayor's Office to Inform Minority Businesses About Subcontracting Opportunities with Elleven Urban Dwellings & L.A. Live Projects
September 30, 2004
Downtown's First New Condo Project in 20 Years, 'Elleven,' Breaks Ground
September 29, 2004
Elleven, Downtown's First New Residential High-rise in Decades, Now Underway
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LOS ANGELES - December 1, 2005 - The two 34-story luxury condo towers that distinguish "Figueroa South," the newest planned development of The South Group, has earned approval from the Community Redevelopment Agency (CRA).
The approval takes into consideration CRA Design Guidelines, and is an important step in The South Group's development schedule. The company has already demonstrated its leadership in the transformation of downtown's South Park district with their success of Elleven, Luma and Evo, Los Angeles' first ground-up condominiums in 20 years. The Figueroa South buildings are the fourth and fifth phases of The South Group's development of its community, called "South."
Located directly across the street from the Staples Center and AEG's Sports & Entertainment District, Figueroa South is expected to be within a vibrant streetscape full of retail shops and services. An active pedestrian path that will feature plazas, paseos, fountains and gardens is also planned for the site.
Figueroa South's East Tower will be at 624 West 12th St.; the West Tower, at 1200 South Figueroa. Construction is set to begin in May 2006; anticipated occupancy is in 2008.
"The public clearly anticipates the excitement and convenience of downtown living," said Tom Cody, The South Group principal. "Both Elleven and Luma, still under construction, are already sold out!"
Each 34-story tower of Figueroa South will have 324 condominiums; 977 parking spaces will be dedicated for residents. In keeping with The South Group's practice, ground floor retail, street level public spaces and tower lobbies will add to the vibrancy of the street scene.
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Under the auspices of the Figueroa South Land LLC, the 119,000 square foot site was purchased for $23.5 million from ÅEG. Lehman Bros. is both the lender and the majority equity partner. Howard S. Wright is the General Contractor and GBD Architects, Inc., and TVA Architects, Inc. will handle the design of the project as a joint venture. Other team members include The Michota Co., Craig Lawson & Co., Sage Advisors, Piper Rudnick, The Mobility Group, KPFF, Ken Reizes and ahbe Landscape Architects.
About CRA/LA
CRA/LA (www.crala.org) is a public agency regulated by the State of California and operating within the City of Los Angeles. It attracts private investment into economically depressed communities to eliminate blight, revitalize older neighborhoods, build housing for all income levels and create and retain employment opportunities. CRA/LA manages 32 redevelopment projects areas in seven regions: East Valley, West Valley, Hollywood & Central, Downtown, Eastside, South Los Angeles, and Watts & Harbor.
About The South Group
The South Group is the joint venture partnership of Portland, Oregon-based developers Williams & Dame and Gerding/Edlen distinguished by its innovative, smart growth, environmentally friendly, high-density neighborhood developments. Elleven is the first of a number of projects The South Group plans for an area of the South Park neighborhood, to be known simply as South.
Williams & Dame's leaders, Homer Williams and Dike Dame, represent over 70 years of collective real estate experience. The firm has used an organic approach to urban transformation, collaborating with public and private partners to create unique neighborhoods that blend quality housing, vibrant street life and new business opportunities. Gerding/Edlen's Bob Gerding and Mark Edlen are widely respected for their extensive experience building large scale, mixed-use developments. With a fundamental commitment to building environmentally sustainable structures, the forward-thinking company fosters an "eco-friendly," progressive approach to urban living that consistently sets a new standard in community-based development.
For more information or to join the interest list, visit www.exploresouthgroup.com or call (213) 622-5400.
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