Final Environmental Impact Report
Project Description: The Times Mirror Square Project would construct a new mixed-use development and rehabilitate the Times, Plant, and Mirror Buildings on the approximately 3.6-acre city block bounded by W. 1st Street, S. Spring Street, W. 2nd Street, and S. Broadway Street. The existing Executive Building at the corner of W. 1st Street and S. Broadway and parking garage at the corner of W. 2nd Street and S. Broadway would be demolished to allow for the development of the Project’s new mixed-use component. New development, consisting of the 37-story “North Tower” and 53-story “South Tower” would contain a maximum of 1,127 residential units and up to 34,572 square feet of commercial floor area, and would be constructed above a five-story parking podium. The space below the podium would contain an additional nine (9) levels of subterranean parking. The combined commercial and residential floor area would total up to 1,135,803 square feet. The existing Times, Plant, and Mirror Buildings have a combined floor area of 376,105 square feet. In total, including new construction and existing buildings to remain, the Project proposes up to 1,511,908 square feet of floor area, resulting in a maximum floor area ratio (FAR) of 9.42:1.
