200 Ocean – An Adaptive Reuse From Office to Housing

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1.5 LU/HSW

Description: 

With the demand for housing strong nationwide and the use of currently leased office space at less than 50% occupancy, the opportunity for older office buildings to convert to housing is greater than ever. Many cities are considering incentives for office conversions. In fact, a new community plan in Los Angeles is close to adoption, known as DTLA 2040, it would make it easier to build housing downtown, including property conversions. In June, state officials set aside $400 million to offer developers incentives to convert offices to affordable housing over the next two years. 

200 Ocean is an adaptive reuse of an office building into 106 residential units comprising of lofts, studio, one- and two-bedroom flats, and three-bedroom townhomes. Originally completed in 1967, for the General Telephone Company of California to serve as the headquarters for the southern region the development is unique with many opportunities and challenges. Meet the architect, developer, and contractor to learn how this development was brought to completion.

Learning objectives:

• Understand the opportunities and constraints of converting an existing defunct office building into housing.
• What are the necessary structural and code related upgrades needed?
• Why is adaptive reuse sustainable? What is embodied carbon and why is this project 69% lower than new construction?
• How can an office conversion expedite entitlements and bring a unique desirable product to the market?

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Speakers:

Mike Mudie

Mr. Mudie graduated from Santa Clara University in 1985 with a Bachelor of Science in Mechanical Engineering and obtained his Professional Engineering License in 1988. Mr. Mudie had previously been with George C. Hopkins Construction Co., Inc. from 1988 through 2007 as V.P. of Estimating and returned in 2017 as a Project Manager. During Mr. Mudie’s absence from George C. Hopkins Construction Co., Inc. he was CFO and Vice President of Operations for Design Materials providing design and flooring systems for over 5,000 hotels across the U.S.A. and other public and private venues.

Harold Wang

Harold is a real estate developer and investor in California. He is one of the funding partners of Palisades Capital Partners and Palisades Investment Management. Since 2013, Harold and his partners and investors have planned, developed, or invested in more than 10 real estate projects, mostly in the multifamily sector.

Michael Bohn, AIA

As Partner of Studio One Eleven, Michael Bohn, AIA, takes an integrated approach to architecture, landscape, and urban design. Michael leads the studio’s housing practice with an emphasis on transit-oriented developments, affordable housing, and mixed-use projects. His experience in supportive, student and market-rate projects, spans adaptive reuse and ground-up developments that serve seniors, families, artists, and the homeless. In addition, Michael has established an awarding-winning landscape studio and co-established an urban design practice that uplifts underserved communities. He is a licensed architect and urban designer with over 35 years of experience.