PARK FIFTH

Park Fifth

Pricing and floor plan information have been revealed for a pair of residential buildings opening near Pershing Square. This month, property manager Greystar released information for developer MacFarlane Partners’ 24-story Park Fifth (at 427 W. Fifth St.) and its adjacent sister project, the seven-story Trademark DTLA (at 437 S. Hill St.).

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At Park Fifth, a 491-square-foot studio will go for $2,440, and a one-bedroom with 618 square feet of space starts at $2,995. Rents at the smaller building are slightly less expensive; a 468-square-foot studio begins at $2,080 and the smallest one-bedroom, measuring 564 square feet, is priced at $2,320. Collectively, the two Financial District buildings will add 660 new apartments to Downtown Los Angeles.

Both buildings are scheduled to open this summer. Full prices and plans are at parkfifthtower.com and trademarkdtla.com.