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Apartments Coming to City West Parking Lot

Sharp Capital Group plans for a six-story development on Ingraham Street.

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Sharp Capital Group (SCG) has unveiled renderings for an upcoming residential development in Downtown Los Angeles.

HōM Lofts, slated for a half-acre property at 1230 W. Ingraham Street, would consist of a six-story structure featuring 80 market rate apartments, including ground-level townhomes, traditional “flats,” and two-story lofts on its upper levels.  The podium-style development will also offer residential amenities such as a full gym, a landscaped courtyard and a rooftop deck with a dipping spa.

A page from company’s website lists a groundbreaking date in 2016 and an expected completion date in 2018.

It joins a slew of proposed residential developments in Downtown’s City West neighborhood, including a pair of high-rise towers planned one block away.

The project represents the second installment in a series of residential develompents from SCG, a family-owned company based in Beverly Hills.  The first project, known as HōM at West Temple, consists of a 67 apartments and ground-floor commercial space on a corner lot near Silver Lake.

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