Massive Development Opens Near CC
September 1, 2022
Located across the street from the La Cienega/Jefferson Metro station, the project occupies an 11-acre property that was previously the site of a radio broadcast facility. In its place, Carmel Partners has built a sprawling mixed-use development that features more than 1,200 apartments and 100,000 square feet of ground-floor retail. Just over half of that ground floor space is occupied is occupied by a Whole Foods, which is set to open for business on August 31.
The most visible element of the Cumulus project is Arq, a 31-story, 320-foot-tall building which now ranks as the tallest building in Los Angeles city limits to the south of the I-10 freeway. The glass-and-steel tower contains a total of 300 studio, one-, and two-bedroom apartments above a parking podium.
A leasing website for the property lists 451-square-foot studio units starting at $3,527 per month - up from $2,769 per month in July 2021. As of last year, a 1,600-square-foot penthouse was listed for rent at the rate of $17,000 per month.