From Curbed LA: There was yet more good news last week for the for-sale housing sector in the Arts District last week, as developers and politicians gathered to celebrate construction of the final phase of the Barker Block development. When complete, the development will comprise more than 300 residential units at the site of a former furniture manufacturing factory on Hewitt Street near the LA River. The second and final phase of the development will add 68 loft and townhouse units to the existing 241 live/work lofts that came online before the crash in an adjacent building on the same site. When complete in late 2013, the final phase will add 72,451 square feet of residential space to the development site, with an average unit size of 1,065 square feet (650-plus square feet to 2,000-plus square feet for lofts and 1,100-plus square feet to 1,300-plus square feet for townhouses).
