LOS ANGELES—Bernards has been chosen by developer the Wolff Co. to build a $54-million mixed-use property in the South Park neighborhood of Downtown Los Angeles. The project will begin construction this month with completion scheduled for mid 2016.

Located at 12th and Olive Street, the property has seven stories and 293 multifamily units with 17,300 square feet of ground floor retail. TCA Architects designed the podium-style building. It has 7,000 square feet of amenities, which include concierge service.

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