LOS ANGELES—One Santa Fe, a significant mixed-use project in Downtown Los Angeles’ Arts District, has completed its residential construction. The $160-million project is the first to cross the finish line of the $2 billion of development underway in the neighborhood, and it is opening with 260 leases signed, more than 55% of the 438-unit property.

“Overall Downtown Los Angeles has experienced dramatic growth, with 2014 seeing billions of dollars invested,” Charlie Rose, director at Canyon Capital Realty Advisors, which provided financing for the project, tells GlobeSt.com. “The Arts District is now one of the most attractive markets in Los Angeles from an institutional investment perspective. The One Santa Fe development team began looking at the property along Santa Fe Avenue 10 years ago, and Canyon Capital Realty Advisors is pleased to have been involved in bringing this very significant project to life.  It is clear that this trailblazing project has catalyzed growth in the immediate area as evidenced by the developments already underway.  The neighborhood’s high median income coupled with Downtown Los Angeles’s population growth over the last several years has combined to drive demand for high quality retail, residential and creative workplaces, all of which are represented at One Santa Fe.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2025 ALM Global, LLC. All Rights Reserved.