Kennedy Wilson and Jamison plan to convert the Los Angeles World Trade Center, a 400K SF office property in Downtown, into 512 residences.
The project is part of a broader effort announced Tuesday to build 4,000 affordable housing units in adaptive reuse and ground-up projects across Los Angeles.
The firms did not offer details on additional projects.
Phase 1 of the project will convert the building’s concourse levels to 241 affordable housing units for households earning 30% to 80% of the area median income and is set to get underway in August. 
Phase 2, planned for the office tower, will add 271 affordable units. A…​