High Street Residential and Haseko Break Ground on 281-Unit Mixed-Use Development in San Pedro, Los Angeles

High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America, Inc. broke ground March 5 on Jules San Pedro, a 281-unit, eight-story mixed-use residential community in the San Pedro Waterfront Arts District of Los Angeles. The real estate development, located at 155 W. 6th Street at the gateway to the Port of Los Angeles, will include 1,276 square feet of ground-floor corner retail real estate and is targeted for completion in Q2 2028.

Project Overview and Real Estate Development Details

Situated on a 1.29-acre full city block, Jules San Pedro will offer a mix of studio, one-, and two-bedroom market-rate residences across eight stories, with 1.5 levels of below-grade parking. Designed by KFA Architecture and built by general contractor Westport Construction, the podium community's amenity program centers on a rooftop sky lounge and deck with harbor views. Additional amenities include a resort-style pool with landscaped courtyard, sauna and spa, clubhouse, indoor/outdoor fitness space, multiple barbecue areas, a pet spa, and a coworking lounge with conference rooms. The project will be Greenpoint Rated, incorporating EV charging stations and a rooftop net-metered solar photovoltaic system.

Construction financing has been fully secured for the project, according to the firms. No additional commercial real estate financing terms were disclosed.

Strategic Location and Market Context

Jules San Pedro is directly adjacent to Piazza Miramare and within walking distance of the Little Italy district's dining, retail, and fitness offerings. The development sits across the street from the $500 million West Harbor project, a 42-acre mixed-use entertainment destination. The neighborhood is also set to host Olympic sailing events during the 2028 Summer Olympics, a factor the developers noted in positioning the project's completion timeline.

"San Pedro is entering a defining chapter in its evolution," said Alex Valente, Principal with High Street Residential. "As substantial public and private investment transforms the waterfront and strengthens the district's mixed-use foundation, we see durable long-term demand for well-located, high-quality housing. Building on the success of Vivo on Harbor, Jules San Pedro underscores our confidence in San Pedro's continued growth and our commitment to investing in its future."

"Jules San Pedro represents the kind of thoughtful, high-quality investment that strengthens both our business district and our broader community," said Elise Swanson, CEO and President of the San Pedro Chamber of Commerce. "As the Waterfront Arts District continues to evolve alongside transformative projects like West Harbor, new residential developments bring vitality, foot traffic, and sustained support to our local businesses. We're excited to welcome Jules San Pedro as another milestone in San Pedro's continued growth."

HSR's Second San Pedro Development

Jules San Pedro marks High Street Residential's second real estate development in Downtown San Pedro. The firm's first project in the submarket, Vivo on Harbor, welcomed residents in February 2025.

A groundbreaking ceremony on March 5 brought together civic leaders and project partners, including remarks from Mike Galvin, Director of Waterfront and Commercial Real Estates at the Port of Los Angeles; Aksel Palacios, Port & Capital Projects Director for Council District 15 of the City of Los Angeles; Alex Valente, Principal for High Street Residential's Southern California Office; Laurie Mathers, Head of Investment and Asset Management at Haseko North America, Inc.; Elise Swanson, President & CEO of the San Pedro Chamber of Commerce; and John Bagakis, Vice President of the Area Planning Commission.

About the Development Partners

High Street Residential is the residential subsidiary of Trammell Crow Company. Haseko North America, Inc., based in Irvine, California, is a wholly owned subsidiary of Haseko Corporation, which was founded in 1937 and is listed on the Tokyo Stock Exchange. Haseko Corporation reported annual revenues of $7.87 billion and total assets of $9.13 billion in its most recent annual filings, and has built more than 700,000 condominiums. Westport Construction is serving as general contractor on Jules San Pedro.