Showing posts with label 42 E. 2nd St.. Show all posts
Showing posts with label 42 E. 2nd St.. Show all posts

Monday, August 22, 2022

Here's the first look at the new residential building coming to 2nd Avenue and 2nd Street

The rendering has arrived on the plywood along Second Avenue between Second Street and Third Street... offering the first look at the 11-floor mixed-use building that will rise on the east side of the avenue... brace!
As previously reported, Gemini Rosemont Development is behind this 100,568-square-foot new building ... the development, using 42 E. Second St. for its address, will feature 88 residential units (likely condos given the square footage) and 9,600 square feet for retail.

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 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 rendering lists a 2025 completion date.