Mar 11, 2026
Trammell Crow’s High Street Residential, Haseko Break Ground on 281-Unit Jules San Pedro Ahead of LA Olympics
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Key Points
• 281-unit multifamily project breaks ground in San Pedro
• $80.8M construction loan secured ahead of vertical build
• Delivery slated for Q2 2028 before Olympic sailing events
What the Groundbreaking Means for Development Momentum
The joint venture between High Street Residential, a subsidiary of Trammell Crow Company, and Haseko North America has officially broken ground. The partners secured an $80.8 million construction loan from Sumitomo Mitsui Banking Corporation and finalized the land acquisition earlier this year, clearing major capital and site control hurdles. Early financing certainty reduces execution risk and supports construction timelines.
What the Project Program Means for Rental Supply
Jules San Pedro will rise eight stories and deliver 281 market-rate apartments with a mix of studio, one, and two-bedroom layouts. The building also includes approximately 1,300 square feet of ground-floor retail, supporting neighborhood-serving uses and added street activity. Mid-rise podium multifamily remains the dominant urban rental format across infill LA sites.
What the Amenity Package Means for Lease Up Strength
Shared amenities are designed to compete with newer Class A inventory across coastal LA submarkets. Plans include a rooftop sky lounge with harbor views, pool deck, courtyard spa and sauna, clubhouse, indoor and outdoor fitness center, coworking lounge, and EV charging. Amenity-rich product continues to drive renter preference and pricing resilience. Lifestyle programming remains a key differentiator in competitive lease-ups.
What the Location Means for Waterfront Revitalization
The project is located at 155 W. 6th Street in the San Pedro Waterfront Arts District. It sits across from the large-scale West Harbor, a 42-acre mixed-use entertainment destination reshaping the harbor area. Downtown Los Angeles is within commuting distance, linking coastal living with urban employment centers.