Sacramento Business Journal: “New High-Rise Residential Building Marks a New Era in Downtown L.A. Living”
Resort-Style Amenities to Include First-ever Drone Landing Pad for Package Deliveries
SAN FRANCISCO, March 23, 2015 — Trumark Urban announced the beginning of construction on TEN50, a new 25-story high-rise at 1050 S. Grand in Downtown Los Angeles featuring 151 stylish residences. The condominium development located at the northeast corner of South Grand Avenue and 11th Street in South Park signals a new era in Downtown L.A. living. TEN50 will be the first high-rise condominium tower to be completed there in the past 10 years.
A private, invite-only groundbreaking event held last week brought together city officials, downtown L.A. residents, and prominent citizens to ceremoniously commence construction on the project. Trumark Urban’s Managing Director Arden Hearing, along with city officials spoke as part of the celebration, and unveiled building plans and large-scale renderings. He also revealed plans to build the first-ever drone delivery landing dock.