A 1.8 million square foot mixed-use property currently undergoing $160 million in renovations by The Ratkovich Company, the BLOC will be the largest single asset mixed-use property in the City of Los Angeles. The Bloc is designed to be a regional destination for Angelenos and tourists alike. It encompasses an entire city block bounded by 7th Street to the north, 8th Street to the south, Hope Street to the east and Flower Street to the west. Located at the confluence of South Park, the Financial District and the Historic Core, the project will include:
- A destination lifestyle center including a myriad of curated shopping experiences;
- An upgraded four diamond 495-Room Sheraton Hotel including convention conference facilities, meeting rooms and a new outdoor event space;
- A 750,000 SF office tower providing a creative environment to attract cutting edge professionals to downtown Los Angeles; and
- A community oriented plaza for events and entertainment.
With the downtown Los Angeles community in mind, The Ratkovich Company is registered to pursue pilot WELL Certification with the intent to design and develop a truly modern property that is integrated into the urban experience and supports the health and wellness of its tenants and guests. The BLOC is pursuing both LEED Certification and WELL Certification - Pilot Program.