Jamison and Arc Capital Partners have joined forces to redevelop 3325 Wilshire Blvd., a 1950s office building in Los Angeles’ Koreatown. The project will transform the 233,000-square-foot property into 236 apartments and 15,000 square feet of retail space. This marks the first collaboration between these two Los Angeles-based firms.
According to Jamison CEO Jaime Lee, there is a high demand for housing in Los Angeles, particularly in Koreatown where new residents are attracted to its vibrant live/work/play environment. By partnering with like-minded companies such as Arc Capital Partners who share their vision of revitalizing underutilized office buildings into desirable and sustainable apartments, Jamison hopes to address this housing shortage.
The redevelopment of 3325 Wilshire is just one example of Jamison’s commitment to transforming offices into residential units. In fact, this project marks their tenth conversion from office-to-residential use. Combined with their ground-up developments throughout LA, they have created over 6
