Rendering: CIM Group

The Farmers Insurance Building at 4680 Wilshire Boulevard could be reimagined as a 63-unit luxury condominium residence neighbored by eight new-build townhomes, ten duplexes, six single-family homes and residential amenities. 

On Tuesday, Los Angeles-based developer CIM Group submitted a development proposal to Los Angeles City Planning calling for 87 market-rate residential units in the Wilshire Corridor. While supporting documents have yet to be uploaded, a little digging by Livabl revealed a project website complete with renderings, site plans and other information.

Rendering: CIM Group

Dubbed the ‘Wilshire Mullen Project,’ the all-residential community would see the restoration of the Moderne-style Farmers Insurance Building, which dates back to 1937. CIM Group purchased the eight-story building in 2014 and its redevelopment has been in the works since 2015.

“After extensive community feedback, the plan was modified to its current form,” explains the project website. A previous iteration of the adaptive reuse project proposed residential units and two floors of office space for the historic building, although those plans have since been scrapped.

Image: CIM Group

The unit breakdown for the Farmers Insurance Building consists of one-, two-, three- and four-bedroom suites, plus four penthouses. Extensive onsite amenities would be provided, including a swimming pool, fitness center, spa area, communal kitchen, café area, game room, library, club room and storage facilities.

Rendering: CIM Group

Approximately 20,000 square feet of new landscaped greenspace would also be created to “complement the character and charm of the Brookside neighborhood.” A total of 230 parking spaces are slated for the community across two levels of subterranean parking and garages situated adjacent to individual homes.

The existing surface parking lots surrounding the Farmers Insurance Building would be excavated to make way for the new townhomes, duplexes, single-family homes and modern amenities.

Rendering: CIM Group

Designed in a “Streamline Moderne architectural style,” the three-story townhomes will face Wilshire Boulevard and Mullen Avenue. The duplexes would showcase transitional architecture, while the single-family homes would be “distinctively eclectic” to reflect the diversity of styles within the Brookside neighborhood.

Omgivning Architects, Interior Designers and Urbanists are designing the condo and townhome residences and Bassenian Lagoni are envisioning the duplexes and single-family homes.

A landing page on CIM Group’s website says that construction is anticipated to begin in January 2022, reaching completion by December 2023.

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