In total, three properties on the east side of Second Avenue between Second Street and Third Street are coming down.
The former La Salle annex was first...
As previously reported, Gemini Rosemont Development has plans for an 11-story mixed-use building for this newly created parcel.
According to the new building work permit still awaiting approval by the city, the development will feature 88 residences (condos?) and 9,600 square feet for retail.
Last year, Gemini Rosemont bought the former La Salle annex at 38 Second Ave. and Second Street. The $14.5 million purchase of the four-story building was the third of three contiguous plots that they acquired. The Los Angeles-based commercial real estate investment company closed on 42-44 Second Ave. and 46-48 Second Ave. (the former Church of the Nativity) in March 2020 for $40 million.
The Church of the Nativity closed after service on July 31, 2015, merging with Most Holy Redeemer on Third Street. The Cooper Square Community Land Trust had explored buying the former Church of the Nativity to use as low-income housing.