Douglas Emmett's Barrington Plaza to remove all rental units for fire sprinkler retrofits costing over $300M

Douglas Emmett Inc

All 577 occupied units at Barrington Plaza, Los Angeles, to be removed from rental market to install city-mandated fire sprinklers and life safety improvements.
Project cost exceeds $300 million and will take several years; triggered by a January 2020 fire that killed a college exchange student.
Management will comply with LA Rent Stabilization Ordinance, providing statutory notification and relocation payments; on-site specialists and hotline available.
Eight floors have been red-tagged since the 2020 fire and remain out of service; two fires at the property within seven years.

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