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Originally Posted by caligrad
This tower still confuses me. I like it but the entire concept terrifies me when I think of earthquakes. From the slender base to the sloshing pools. Scary. But I think the best thing about this is how if the project is sold to another company and they try to change the design, it MUST be reapproved again. We all saw what happened with Park fifth. So that's great IMO.
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yes, don't know if cantilevered pools hundreds of ft in the air make sense from both an engineering & economic standpoint. something about the two in dtla gives me pause. ppl with lots of money for a home have generally stayed west of la brea, north of pasadena, south of palos verdes....& avoided moving to dt. big money buyers will be a necessity if that proj finds funding & is successful.
I've read that some of the units in the metropolis proj, originally for buyers from China, have seen demand slow down...& we all know about the nearby Oceanwide proj sitting unfinished on Fig.
up on Bunker hill, look at how long this proj took to break ground....yrs after its neighbor opened across the street opened in 2003....16 yrs ago.
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these open sightlines won't exist in a few yrs.....one of the few times the old tinker toy parking structure on Grand Ave was a useful eyesore....at least for a few nights....
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getting things done in dtla has been such a struggle, so I can't imagine a highrise condo tower across from the park fifth bldg....another proj that was delayed for yrs, then downsized....will somehow surprise everyone and break ground before everyone is old & gray....just like Frank Gehry having waited yrs before his grand ave proj finally started construction. But who knows?.....anything is possible if you wait long enough.