Posted Jan 7, 2014, 7:58 AM
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:o
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Join Date: Mar 2012
Location: SoCal
Posts: 966
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Detective Mojeda:
Quote:
Originally Posted by Mojeda101
I just got off the phone with John Eichler, Executive Director of Fig Central. He told me the project will finally commence construction between 5-6 months. He really gave me optimism and hope. The project is updating their fire safety code to meet the current standard since they were still using the same code they used from 6 years ago. The code has recently been updated but that would only take a few months, and after that the project would essentially be shovel ready with Oceanwide wanting to start once they get the greenlight. Oceanwide will be making slight changes to the design, but nothing major. The project will still retain it's basic amenities in terms of hotel rooms and residential units so we won't be seeing any downsizing or upscaling. He was giving his opinion and he is happy to be claiming the biggest project in LA. He said his is around 1.5 million square feet compared to Grand Ave. being around 1.3. He gave his opinion on the news of Metropolis today and he believes that Greenland are still about a year from construction based on the permits and approvals they have yet to recieve.
This is it guys. By summer we should be seeing LA Live's neighbor rise 
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