The $2000 Studio Comes to Panorama

For that price, it better be Instagram about to happen. And it is.  The long-vacant Panorama Tower has, after 25 years, adaptively re-purposed and will open for leasing next week, Blade Runner views in all directions.

Infrastructure is minimal, in keeping with the live/work loft fiction.   At 600 sqft, units are generously sized for a studio,  but there is no getting around the one room problem. Two people who aren’t sleeping with each other are going to have trouble sharing it.

Clearly the developer wants white people to move here though I anticipate few will arrive with children.  The Era of the Vertical Valley has begun.

The Case Study of Case Studies

What if someone suspended a cluster of Case Study houses in the airspace above a working-class community in the Valley?   Improbable though it may sound, this is coming soon to a ghost building not far from me.

Who would buy there and how would you market it?  I can’t improve upon this pithy analysis from a noted New Urbanist:

“Soooooo. Let’s say you are a reasonably solvent individual who wants 1) a mint condition glass box home that 2) hovers above the Blade Runner view of LA and 3) is a manageable Lyft to the perks of civilization. But you also 4) fancy yourself a bit of an iconoclast who 5) savors the grittiness of said landscape – so long as you personally never have to touch it. What better location than the White Favela of Panorama?”

“You get convenience, street cred, and an ironic address all at once. Two options. Each apartment will be huge and very expensive, designed to appeal to empty nester Boomers who don’t want to mow the lawn anymore. Or, these will be tiny personal cubbies and large common areas to facilitate Millennial bonding. There’s more than one way to cash flow a dead office tower.”

The Stahl House above (Case Study House#22, Pierre Koenig) was built in 1960,  Panorama Tower, a modernist filing cabinet of offices, in 1962. Neither structure served its purpose for very long. The tower was designed by none other than Welton Becket, the king of jet age Los Angeles architecture: Capitol Records, the Cinerama Dome,  Pauley Pavilion, to name a few.

Stahl, the most iconic private residence in the city has been unoccupied for years (also, has only two bedrooms). You could fit four on each floor of this building, and every window would a have a comparable view to the horizon, making the re-imagined Panorama Tower the case study of Case Studies: a luxury Bento Box embedded in the exoskeleton of a mid-century icon, the only one its kind in the Valley.

Takacs Architecture is handling the adaptation. Izek Shomof is the developer. A little sleuthing reveals he has chosen the Millennial option: 194 live/work units. Fifteen per floor, with ground floor retail extending into the adjoining lot.