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Mitsui Fudosan America’s Second DTLA Tower Moves Forward

Early Bird Alert: Connect Apartments is planned for September 28th in Los Angeles. Here’s where to get more information and register.

Mitsui Fudosan America envisions breaking ground in Spring 2019 on a 39-story residential tower in DTLA’s Financial District. Last year, the New York-based developer announced plans for another 43-story residential tower at 8th and Figueroa St., across from the FIGat7th retail center.

The second project, called the Eighth, Hope & Grand Project, includes 409 studio, one- and two-bedroom residential units atop a five-story podium with roughly 7,300 square feet of ground-level retail space.

The initial study filed by the City of Los Angeles’ Planning Department reveals a slender design produced by architects Johnson Fain. The concrete, metal and glass clad tower has gotten taller from earlier designs, growing to 499 feet from 467 feet. The parking allotment in three subterranean and three above-grade parking levels has also increased to 494 vehicle stalls.

The development is anticipated to deliver in Fall 2021.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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