VG News

Media coverage, press relations, on-going real estate development activity by the company, and issues of importance to the communities we partner with through our work, is given voice in this NEWS section.

May 9, 2024

Published by: Analyzing Market

This settlement is a big part of the story of what’s said to be the biggest residential development allowed in Los Angeles.


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January 12, 2024

Published by: Urbanize LA

The new park space may serve as a complement to new infrastructure projects in the works along the L.A. River corridor, including a new segment of the Los Angeles River bike path and a proposed extension of Metro’s B and D Lines to 6th Street.

Developers have also invested heavily in sites near the viaduct, including Vella Group, which is planning a Bjarke Ingels-designed high-rise complex directly south of the bridge, and East End Capital, which is planning a production studio in Boyle Heights.


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August 17, 2023

Published by: Urbanize.LA

Since 2016, Vella Group has sought approvals to bring a Bjarke Ingels-designed tower to an Arts District site just west of the Los Angeles River. The project, slated for a property at 670 Mesquit Street, would include four buildings on a site stretching between 6th and 7th Streets creating more than 800,000 square feet of offices, 420 homes, ground-floor commercial uses, and a 236-room hotel. That last component of the project is the subject of a new motion introduced on August 16 by 14th District City Councilmember Kevin de Leon.


March 5, 2023

Published by: EIN Presswire

The opening of LAMM Industries’ Miami facility in the Magic City Innovation District® – Little Haiti signals a renewed commitment on the part of Elina Lamm and Esther Lamm to preserve founder Vladimir Lamm’s legacy based on his original vision. The spacious new facility will accommodate larger volumes of production of LAMM’s line of tube and solid state amplifiers and preamplifiers. The company’s leadership and long-standing team of highly experienced audio engineers will continue serving the existing customer base while exploring innovative, trailblazing ways to make the LAMM brand familiar to a wider and more diverse audience.


Vella Group
Vella Group

November 22, 2022

Published by: The Registry

A long time project proposal by Vella Group could be getting a new look, according to a notice for a final Environmental Impact Report published by the City of Los Angeles.

The new design alternative for the project shows that these buildings could now include more than 1 million square feet of office space, 420 multifamily residential units, a charter elementary school that would consist of 32,150 square feet of floor area, 11,664 square feet of retail uses, 59,700 square feet of restaurant space, and a 236-room, 209,560 square foot hotel.


Vella Group
Vella Group

November 12, 2022

Published by: LA Yimby

Roughly since six years of the project being announced, new options are being considered for a mixed-use high-rise complex proposed at 670 Mesquit in the historic Arts District of Los Angeles.

Vella Group is the project developer. Bjarke Ingels and Gruen Associates are responsible for the designs.


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Vella Group

November 11, 2022

Published by: URBANIZE Los Angeles

Almost one year after our last update, and roughly six years since the project was announced, Vella Group is considering new options for 670 Mesquit, its proposed mixed-use, high-rise complex along the bank of the L.A. River in the Arts District.


The Real Deal South Florida_1
555 River House

August 25, 2022

Published by: The Real Deal / South Florida

Zangrillo, Zach Vella and Miami Beach’s Arc PE paid $21M to buy out previous majority partner Zerby Investments

Vella, CEO of Vella Group who is also a partner in Zangrillo’s Magic City Innovation District master-planned community project in Little Haiti, is taking the lead on the Miami River development, Jain said via text.


The Registry
1010-Sandhill-Avenue

May 26, 2022

Published by: The Registry

An industrial building in Carson, Calif. totaling more than 85,000 square feet has recently been sold, adding to a number of industrial transactions recently taking place across the Greater Los Angeles area. Public records show that the property was purchased by The Southwest Regional Council of Carpenters for $46 million, or about $540 per square foot. The seller in the transaction was Vella Group, a Los Angeles-based investor and developer.

The property is located at 1010 Sandhill Avenue, in the Carson Industrial Park. According to a landing page on Vella Group’s website, the property consists of a two-story building totaling 85,259 square feet. Property records show that the building was last sold to Vella Group for $17.5 million in 2020.


The Real Deal LA
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May 25, 2022

Published by: The Real Deal / Los Angeles

A carpenters union has bought an industrial property in Carson, with plans to open a training center for its members, The Real Deal has learned.

The Southwest Regional Council of Carpenters paid $46 million––or about $540 per square foot––for the property at 1010 Sandhill Avenue, according to property records filed with Los Angeles County.