The site of a planned high-rise in City West has changed hands. The Realm Group last month acquired a 1.5-acre lot at 675 Bixel St. Terms of the sale were not disclosed, but Realm Group intends to use the plans of the prior owner, Career Lofts LLC; the site had been entitled for a 36-story, 422-unit residential project called the Bixel Tower.
According to the Realm Group, the project will include 40,000 square feet of commercial space on the ground floor. Renderings from architecture firm Humphreys and Partners made for the previous owner show a glass and steel tower with a landscaped, four-story podium.
The Newport Beach-based developer is also set to begin construction next year on a high-rise at Seventh and Maple streets in the Fashion District.No groundbreaking date has been set for the Bixel Tower.