DTLA - Plans have been announced to turn yet another Broadway building into housing. This time, it’s the 11-story structure where the Globe Theater fills the ground floor.
The proposal calls for transforming the 1913 edifice into 47 residential units. Kate Bartolo, a consultant working on the project, said it has not been determined if they will be traditional apartments or live-work rental units.
Bartolo would not identify the building owners, though she noted that they have controlled the property since the 1980s. The same group also recently announced plans to convert the J.E. Carr Building at 640 S. Broadway, adjacent to the reopened Clifton’s cafeteria, into a rental property called the Brooks Building.
The structure at 740 S. Broadway is being called the Garland Building, after William Garland, who originally developed the building and several other Downtown Los Angeles projects in the early 20th century. No budget has been announced. Bartolo said plans call for the project to wrap in 2018; the Globe will remain open during the construction.
Santa Monica-based HLW Architects is handling the designs. In addition to reworking the interior, the exterior will be restored, Bartolo said.
Originally designed by architecture firm Morgan, Walls & Morgan (which also worked on the El Capitan and Mayan theaters), it opened 103 years ago. The performance space was known as the Morosco Theater, named for its owner, theater producer and director Oliver Morosco. The ground floor space became the Globe Theater in 1949.
The building has housed a variety of tenants, including a basement wax museum. The upper levels became office space, but have been vacant since the 1980s.
The 47 units will be on the second through 11th floors of the Beaux Arts-style edifice; floor plans and square footage are still being determined. Before those units are partitioned off, the interior will be gutted and the aged infrastructure will be brought up to code.
On the exterior, the decades-old terra cotta façade will be restored, though Barolo noted that some portions will have to be replaced due to age and wear. The building’s original metal windows will remain intact.
“It’s one of the older buildings on Broadway, and it’s a theater building, which makes it very important to the Bringing Back Broadway effort,” Bartolo added.
The lobby will also be restored, and historic elements that were covered over the years will be unveiled.
The project will include two street-level bars, each 1,000-2,000 square feet, Bartolo said. No operator has been announced.
Due to the age and size of the building, there will be relatively few amenities, with most concentrated on the roof, including a lounge and landscaped areas. The property stands taller than its neighbors, Bartolo said, so the roof will provide residents a clear view up and down Broadway.
The building does not contain parking. Bartolo said plans for how to address that for future tenants are still being worked out.
© Los Angeles Downtown News 2016