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.