High Street Residential, Haseko Close on Land and Loan for San Pedro Apartments

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America have closed on land and secured a loan for Jules San Pedro, an eight-story, 281-unit multifamily waterfront community in Los Angeles’ San Pedro Waterfront Arts District. Terms were not disclosed. The project is expected to break ground later this quarter.
 
“We view Jules San Pedro as a tremendous opportunity to help shape a community that reflects the best of coastal living,” said Kain Matsumoto, chairman and president of Haseko North America, Inc. “San Pedro’s rich history, vibrant waterfront and strong sense of place make it an ideal setting for new housing that meets the needs of today’s residents.”
 
Located at 155 W. 6th St., Jules San Pedro is situated one block south of HSR’s recently completed 137-unit Vivo on Harbor project. It will also sit across the waterfront from the $250-million West Harbor project, a 42-acre mixed-use entertainment destination slated to open in summer 2026.
 
Jules San Pedro is expected to deliver by the second quarter of 2028. Westport Construction will serve as the general contractor.