One of Downtown Long Beach’s biggest housing bets is now climbing out of the ground. Alexan West End, a multi-building apartment complex from Trammell Crow Residential and partner R&V Management, has moved into its vertical construction phase at 600 West Broadway.
The first two phases will bring roughly 600 apartments in four mid-rise buildings to what was, until recently, a wide-open surface parking lot just north of the Long Beach World Trade Center. Framing and site work are already visible from Broadway, a clear sign that one of downtown’s largest housing projects is pushing toward delivery next year. Neighbors and commuters can expect this previously sleepy superblock next to the Hilton and the World Trade Center to look very different as the project fills in.
What’s going up
According to Urbanize LA, the initial phases will feature a mix of studio, one-, two- and three-bedroom apartments set in seven- and eight-story buildings. Planned resident amenities include a fitness center, pool and spa, and a rooftop deck.
Architecture firm Studio One Eleven has carved the large parcel into internal streets and pedestrian paseos, a layout intended to create multiple front doors and clearer sightlines through the site. The project replaces a sprawling expanse of parking and sits just east of a 142-unit complex at Broadway and Magnolia that opened to residents in 2022.
Money and ownership
Financing for the opening phases closed in March 2024. The Real Deal reports that CBRE arranged a roughly 200 million dollar capital stack that includes a 166 million dollar construction loan and a 34 million dollar mezzanine piece…