Lane Building
Los Angeles, CA
Palace Company
84,000 sf
The conversion of this 12-story building will bring a bar to the basement, restaurant and retail offerings to the ground floor, and 109 market-rate rental apartments to the upper floors. The Lane Mortgage Building was designed by the Los Angeles architect Lester Loy Smith and completed in 1923. Among its original features are an entry lobby with tilework by noted artisan Ernest Batchelder. On the roof, a extensive, lush landscape will offer a place of calm for residents. Three penthouse apartments will offer access to private rooftop spaces through new structures that pierce the building's top.