Creative Jewel Box to hit DTLA’s Financial District Summer 2018

April 17, 2018

Matt Anderson

Market Expert

Assistant Director, Savills Studley

California Licensed Real Estate Salesperson

Call 213-553-3861

What was formerly a historic department store located in Downtown’s Financial District will now be renovated and re-branded into creative office. Originally constructed in 1917 as a Villa de Paris department store, the building is located at 712 Olive Street. Catacorner to the newly opened Nomad Hotel, this 101-year old structure, a 6-story building will feature approximately 160,000 square feet of creative office space. Slated to open later this year, it will offer a 10,000 SF jewel box penthouse for creative office users on the top 2 levels joined by interconnecting stairwells between the floors. The Penthouse level will also feature a massive outdoor amenity deck exclusive for the penthouse office user. There is also a large ground floor retail component as well as an adjacent 3-story building that ownership has acquired as well for additional retail opportunities. However, if an office user wanted the ground floor as creative office, that is an opportunity as well.

Architecture firm Rapt Studio has been engaged to design the project. They have created new on-site parking through an existing basement level as well as a second subterranean floor below the building.

Construction is underway and the renovation is slated for completion in summer 2018. Come check out DTLA’s newest creative office jewel box for yourself…

For more information about this space or others like it, please contact us here.

Recent Posts


Yelp Signs Lease at Terrell Place in Gallery

  • By Jon Glass | August  07,  2017

Company Plans for 500 New Hires, Will Move Into 52,000 SF Later This Year   Huge news to hit the wire this week. Yelp, the San Francisco-based tech giant specializing…

Year in Review – The Largest Office Relocations

  • By Lance Leighton | February  01,  2018

2017 was a solid year for New York City commercial office leasing.  Though the crystal ball for the future of Manhattan’s office market is a bit cloudy at the moment,…

Wingate Hughes’ Former Space Available for Sublease at

  • By Jon Glass | February  28,  2018

3,000 SF Sublease with Term Through June 2020 Perfect for Tech/Start-Up Companies   A large portion of the spaces featured here on the Washington, DC page of TechOfficeSpaces.com have been designed by Wingate…