CALIFORNIA | LOCAL
September 29, 2013 |
The push to transform downtown's Grand Avenue into a Champs-Elysees for Los Angeles has faced years of delays and obstacles. The ambitious plan to create a tony cultural destination around the landmark Walt Disney Concert Hall has already been scaled back because of the recession. Now, with a key deadline set for Monday, the centerpiece of the Grand Avenue project - two towers offering luxury condos, a hotel, and high-end shops and restaurants - is facing another critical test. In a little-noticed meeting last week, county Supervisor Gloria Molina and other officials unanimously rejected the conceptual plan for the $650-million project, with Molina criticizing the design and saying developer Related Cos. had failed to create an enticing public space that went beyond expensive shops and restaurants.
September 20, 2013 |
This story has been corrected. See note below for details. The Walt Disney Concert Hall has been a boon to downtown business, real estate experts say, even though a key long-planned development near it remains stalled. In a region so deprived of landmark buildings that the Hollywood sign often serves as the symbol for Los Angeles, the Frank Gehry-designed Disney Hall has emerged as one of the city's few internationally recognized structures. "It's a very special place, so it's had a real impact on the credibility of downtown L.A.," said John Cushman, chairman of commercial real estate brokerage Cushman & Wakefield.
January 10, 2013 |
The Broad art museum being built next to the Walt Disney Concert Hall in downtown Los Angeles will soon be flanked by another noteworthy structure: a $120-million apartment tower linked to the museum by a shared plaza. A groundbreaking ceremony will be held Thursday for the 19-story apartment complex that is part of the vaunted Grand Avenue Project launched more than a decade ago to transform barren blocks on Bunker Hill. Developer Related Cos., which recently completed the $56-million Grand Park between the Music Center and City Hall, is building the 271-unit apartment tower south of the Broad museum on Grand Avenue between 2nd and 3rd streets.
October 1, 2012 |
Frank Gehry was in his hometown of Toronto on Monday to reveal his conceptual designs for a multiyear transformation of the city's downtown arts and entertainment district. The architect is teaming with Canadian theater producer David Mirvish, whose sizable art collection will receive a new home as part of the massive endeavor. The mixed-used project will include three high-rise residential towers soaring from 80 to 85 stories and a new facility for the Ontario College of Art & Design University.
CALIFORNIA | LOCAL
May 30, 2012 |
As Downtown L.A. has seen a boom in residential and commercial development in the last decade, one complaint is heard over and over: There is not enough green space in the heart of the city. On Tuesday, Los Angeles County officials announced that is about to change. A 12-acre park stretching from the steps of City Hall to the top of Bunker Hill will open this summer. It will be downtown's largest park and its completion marks the first step in an ambitious effort to revitalize the civic center and surrounding areas.
CALIFORNIA | LOCAL
January 11, 2012 |
Los Angeles officials got their first sobering look Tuesday at the costs of dismantling a multibillion-dollar economic development apparatus that they and cities across California have relied on to revitalize neighborhoods for more than half a century. A law eliminating redevelopment agencies statewide could leave the cash-strapped city with more than $109 million in new expenses should the City Council retain the employees and finish the work of its Community Redevelopment Agency, high-level analysts warned.