The Shorenstein Company (Developer from San Francisco) has purchased the the 4 acre lot at 7th & Santa Fe where they will renovate the existing building (previously the Old Ford Factory) to an impressive commercial property with retail and restaurant features. This area, just SE of Toy, Biscuit and The Urban Radish will really excel the Southern Arts District. The plans call for 254,000sf of office space with 60,000sf of ground level retail. Renderings below from Rockefeller Partners Architects were found on www.urbanize.la