Although the Historic Core and South Park have seen the vast majority of Downtown adaptive reuse projects, where old buildings are renovated and often become housing, the Jewelry District has largely been overlooked. Now, plans are afoot for a transformation of the Foreman and Clark Building.
Vancouver-based developer Bonnis Properties is looking to upgrade the currently vacant structure at 701 S. Hill St. Plans call for turning the 1928 Art Deco edifice into 124 one- and two-bedroom units ranging from 470-1,075 square feet. According to Kate Bartolo, a land-use consultant working with Bonnis, there would also be 8,527 square feet of retail space on the ground floor and 727 square feet on the mezzanine. The site has been the subject of numerous reported developments in the past, including a hotel, though all faltered. [Jewelry District Building Sells for $52 Million]
Los Angeles-based OKB Architecture is handling current designs; plans call for keeping the stone lobby and adding a gym, lounges and a media room. No on-site parking is planned. The timeline and budget have not been revealed.