LIVWRK and Daniel Kotzer has formed a partnership to redevelop a historic property in the Los Angeles Arts District. The partnership acquired a 63,100-square-foot building for $20 million and plan to reposition the asset into AtTraction, a class-A office and lifestyle property. Construction will begin this week, and is estimated to open in early 2023.

Located at 800-810 Traction Ave., the two-building property was originally home to the Joannes Brothers Company, a coffee, tea, and spice processor and wholesaler, and then in the mid 1950s, the Los Angeles Desk Company occupied the building.

Now, it will be transformed once again. The partnership plans to upgrade the exterior and entrance of both buildings, add a rooftop patio deck on the top of the 800 Traction, which has views of Downtown Los Angeles, and install a gated patio space at 810 Traction. Upon completion, the property will accommodate either a single-tenant or multi-tenant layout, and it will have the potential for ground-floor retail. The property also has private parking for both buildings at a 2.5 / 1,000 parking ratio.