Posted Dec 19, 2019, 4:29 AM
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Moderator
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Join Date: Jan 2009
Location: 360, St. Edwards
Posts: 12,381
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Chinese developer buys land for mega project in downtown Los Angeles
Quote:
Chinese developer City Century has acquired a prime development site across the street from L.A. Live in downtown Los Angeles where it intends to build a $1-billion housing and retail complex called Olympia.
City Century recently closed the long-pending $121-million acquisition of a site on Olympic Boulevard alongside the 110 Freeway, where it announced in 2016 that it intended to build three high-rises on the site of a former medical clinic lying between L.A. Live and the Metropolis residential and hotel complex.
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