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Old Posted Aug 30, 2007, 2:00 PM
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Steve2726 Steve2726 is offline
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Join Date: Nov 2005
Location: L.A.
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Quote:
Originally Posted by fridayinla View Post
As I was walking over to the Daily Grill for dinner tonight, noticed something interesting going on at the 1027 Wilshire site. A small section on the north side of the lot is taped off, where a truck rig is drilling dirt out of the ground.

Last I read about this project, AMIDI Real Estate Group has all entitlements in place and they planned to start construction by 3Q 2007. I don't want to sound any false alarms, but my better judgement says this is probably construction related. What do you guys think? I'll try to snap a photo tomorrow on my way to work.

They also own 1010 Wilshire. If the rumors of that building changing to rentals from condos is correct than I would think the likelihood of the 1027 tower breaking ground has diminished. I hope I am wrong tho as that is a beautiful looking building. Here are some updated renders of 1010 Wilshire-