Project Rendering
LOS ANGELES-Brookfield Office Properties has started a $40 million renovation of its 330,000-square-foot Seventh and Figueroa retail center on Figueroa Street between Seventh and Eighth streets, a project now known as FIGat7th. The redeveloped center will be anchored by Target, which signed a lease in December for approximately 100,000 square feet.
Construction of the newly named venue will be completed in the fall of 2012 to coincide with Target’s grand opening. Carmen Moch, VP of Target Stores in Los Angeles, said that the Target will be one of the retailer’s first stores nationwide in its new CityTarget format. “CityTargets will be smaller-format stores offering tailored merchandise and fresh grocery items for downtown L.A. residents and workers,” Moch said.
Another View
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