As previously reported (first here), there are/were approved work permits (as of last summer) for an 11-floor mixed-use building on the site of a former three-building parcel.
Gemini Rosemont Development was behind this 100,568-square-foot new building ... the development, using 42 E. Second St. for its address, included 88 residential units and 9,600 square feet for retail.
An anonymous commenter previously had claimed: "Their plans were deemed dangerous for the neighboring property by DOB. Gemini is actively trying to sell the lot."
After our post, a rep for Gemini Rosemont Development told us the following: "The project is frozen, and we are currently evaluating options for the site."
DOB records show a variety of infractions, many involving non-maintenance of the construction fence.
In the spring, the DOB posted a "Notice to Revoke" on the approved application...
The address is still on the Gemini Rosemont Development website, though clicking on the address takes you to a random landing page.In 2020, 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 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.
To date, we have not seen any new notices about the sale of this lot. (Maybe you have and want to share?)
So the space will likely remain vacant for a few more years ... by the time someone makes a purchase and gets any new plans approved.
Perhaps I am in the minority, but this would be a good spot for a Trader Joes. Just saying.
ReplyDeleteIs there no zoning anymore ? It used to be 80 feet. Everything being built nowadays is so huge.
ReplyDeletePerfect spot for Dorothy Day community garden, with a big statue of her in the middle. But after paying $54M for the 2 lots (40 for Nativity, 14 for Lasalle annex) I doubt it. Let it sit vacant a while.
ReplyDeleteThis would be a great spot for a Middle School/High School.
ReplyDeleteRe: making it a garden, what do squatter laws say about empty lots? How many trees have to be planted before they become legal tenants?
ReplyDeleteThis would be a great place for housing in a city desperately need of more housing. You people are delusional
ReplyDelete