888 South Hope
Construction has begun on the new 33 story tower that will transform South Park. It will have 526 residential units and also provide parking and commercial space. The amenities are expected to be incredible including some unique ones on the rooftop. Photo taken December 28th, 2014
La Kretz Innovation Campus
Joining a trend nationwide, LA is smart to build innovation districts where entrepreneurs and leaders can gather, brainstorm, share ideas and frankly “geek out”. This will all be done in a clean-tech environment surrounded by lush green parks and creative artists. The project boasts 30,000 square feet of clean tech space to attract and retain young start up tech companies in Los Angeles. This is a perfect addition to Downtown LA to bring a mix of diversity to the area and create a strong economic core.
8th & Grand
As a mixed use project, 8th and Grand will bring 700 residential units, 737 parking spaces, commercial space, a rooftop pool and cabanas to this seven floor building North South Park. The project is already under construction and will go up fast as it is using the new prefabricated steel connectors called ConX used globally on many high-rises.
The Broad Museum
The Broad Museum will be opening in Fall of 2015 next to The Museum of Contemporary Art and Walt Disney Concert Hall. Named after Eli and Edythe Broad, The Broad Museum will hold the collection of the generous philoplanthoripsts who have over 200 pieces of contemporary art from Cindy Sherman, Jeff Koons, Jasper Johns, Andy Warhol, Jean-Michel Basquiat, Barbara Kruger and Roy Lichtenstein. The architecture of the building is nearly completed, a $140 million dollar masterpiece designed to collect light into the building by Diller Scofidio + Renfro.
The Bloc’s New Plaza
Downtowners will soon be able to enjoy a totally new transformation of the unfriendly Macy’s Plaza. It will be replaced with the famous Alamo Drafthouse theater including nine screens that seat 800 people. Alamo theaters are are all beer friendly and even indie movies, however there are no cell phones or talking during movies. Alamo Drafthouse will also have a Craft Beer Bar for patrons to enjoy.
Building a second tower Downtown, the Omni Group from Vancouver is finishing up the 33-story luxury apartment building in South Park on the corner of Ninth Street and Olive Avenue. It will have 303 apartments and commercial space. This all glass tower will have a unique mosaic blue hue. There will be parking for the apartments, a fitness center, pool, lounge, roof deck and tennis court.
Los Angeles State Historic Park
LA’s downtown Cornfield is about to get a makeover. The park area land was originally set aside to keep open for development in urban areas for the community use to create an environment of open park space for enjoyment. After several concerts and excavations in 2014, the park is now closed to start the anticipated renovation. The 32-acre park and will include an amphitheater, bathrooms, a pavilion, two parking lots and a promenade. It is expected to cost up to $20 million.
After a long wait to open, the Clark Hotel and the Trinity Auditorium/Embassy Hotel will both be able to open this year. The Clark Hotel opening was protested for quite some time. The 347 rooms will soon be open. Interestingly the People’s Republic of China bought the hotel in the 1980’s to be a business and cultural center in LA, but when relations became distant with the US, they sold the property.
The Trinity/Embassy Hotel will become the Empire Hotel, and the transformation is incredible! The Auditorium renovation photos haven’t been released, but we are looking forward to them.
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