Main Spring Development, LLC
Airspace Subdivision Map
13 Stories with 72 Loft-Style Condos and Retail
Located in downtown Los Angeles, the 13-story Great Republic Life Insurance Building features ground floor retail spaces and 72 loft-style units, while retaining its classic 1927 Beaux Arts exterior.
Psomas prepared and processed a tentative airspace subdivision map, final subdivision map, condominium plans, and A-Permit plans for the project. The airspace subdivision adds considerable value: it allows for the purchase of individual retail spaces and provides for a legal separation between retail and residential uses.