HSR and Haseko North America Close on Land, Secure Loan for 281-unit Multifamily Community in Los Angeles

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and JV partner Haseko North America, have closed on land and secured a loan for Jules San Pedro, an eight-story, 281-unit multifamily waterfront community in Los Angeles' San Pedro Waterfront Arts District, at the gateway to the Port of Los Angeles. The site was acquired on January 13. Jules San Pedro will include 1,276 square feet of ground-floor corner retail space and is expected to break ground later this quarter.

“We view Jules San Pedro as a tremendous opportunity to help shape a community that reflects the best of coastal living. San Pedro’s rich history, vibrant waterfront, and strong sense of place make it an ideal setting for new housing that meets the needs of today’s residents,” said Kain Matsumoto, Chairman and President of Haseko North America, Inc.

Located at 155 W. 6th St., Jules San Pedro is situated one block south of HSR’s recently-completed 137-unit Vivo on Harbor project. Jules will occupy a 1.29-acre full city block and is directly adjacent to the new Piazza Miramare, offering residents convenient access to the Little Italy district's diverse dining, retail, and fitness options.

“We are excited to break ground on our first project with HSR, and look forward to expanding our partnership to new markets as we strive to reach $100 million in annual profit,” added Laurie Mathers, Head of Investment & Asset Management at Haseko North America, Inc.

Jules San Pedro will also sit across the waterfront from the $250 million West Harbor project, a 42-acre mixed-use entertainment destination slated to open in Summer 2026. West Harbor will feature over 320,000 square feet of restaurants and retail, including a 6,200-seat amphitheater and a variety of entertainment options, such as an amusement park, dog park, and a padel/pickleball concept.

Designed by KFA Architecture, Jules San Pedro will offer a mix of studio, one- and two-bedroom floorplans across its 281 units. Community amenities will include a pool deck and courtyard with a sauna, spa, and clubhouse; a central water-facing courtyard with indoor/outdoor fitness; a sky lounge and rooftop deck; multiple BBQ areas; a pet spa; and an oversized coworking space with multiple conference rooms and work areas. The project will be Greenpoint Rated and will feature sustainable elements, including EV charging stations and a rooftop, net-metered solar photovoltaic system.

“San Pedro's proximity to the Port of Los Angeles and its unique character make this an incredible opportunity to bring additional housing to the area,” said Alex Valente, a Principal with HSR in Los Angeles. “We appreciate the Port’s investment in a publicly accessible waterfront, and we are energized by Jules’ immediate proximity to the West Harbor project, as well as the 35-acre AltaSea campus, the leading tech hub for the Blue Economy. These developments are shaping a dynamic future for San Pedro, and we’re proud to be part of it.”

Jules San Pedro is expected to deliver by the second quarter of 2028. Westport Construction will serve as the general contractor.