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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 - October 27, 2005 - Two 34-story luxury condo towers will distinguish "Figueroa South," the newest planned development of The South Group, already a leader in the transformation of downtown's South Park district with the success of Elleven, Luma and Evo, Los Angeles' first new-construction, ground-up condominiums in 20 years.
The South Group's innovative residential buildings will be within a vibrant streetscape full of retail shops and services, located directly across the street from the Staples Center and AEG's "LA Live" the Sports and Entertainment District. The project is expected to be in the center of an active pedestrian area that will feature plazas, paseos, fountains and gardens.
Figueroa South's East Tower will be at 624 West 12th St.; the West Tower at 1200 South Figueroa. The fourth and fifth phases continue The South Group's development of its community, called "South."
With its new mixed use developments - Elleven, Luma, Evo and the properties of Figueroa South – South will integrate density and a vibrant, 24-hour neighborhood that incorporates green space, areas for community gatherings and architecture that activates the street, bringing the concept of "neighborhood" to the area vs. a series of buildings.
Each 34-story tower will contain 324 condominium homes; 977 parking spaces will be dedicated for residents. Construction is set to begin in May; anticipated occupancy is in 2008.
The buildings will incorporate sustainable materials; energy-efficient construction techniques and amenities are expected to earn a LEED (Leadership in Energy & Environmental Design) certification from the U. S. Green Building Council.
Figueroa South's residential amenities will include:
• Floor plans from 800 - 4500 square feet
• Hardwood floors and wood cabinetry; stainless steel appliances; stone slab kitchen countertops, designer fixtures
• Decks and Juliet balconies
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• Concierge service and valet drop off (at 12 St.)
• Roof terrace plaza with lap pool, gardens and amenities
• Rooftop viewing deck on each tower
• Fully covered by WiFi
The 119,000 square foot site was purchased for $23.5 million from AEG. Lehman Brothers 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 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.
"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, sold out within hours of their release!"
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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