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Originally Posted by Zapatan
Awesome shots of LA!
Olympia the Chinese backed project? I think that died a long time ago, or sort of just faded away.
I think the smaller of the Crescent Heights towers may be heading towards approval. I'd imagine the 800 footer is farther down the line if it happens at all.
Are Angels Landing and Times Mirror still legit proposals at this point?
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Nothing mentioned of Olympia in a while, not a sale of property nor a cancellation of project. It’s probably in limbo.
Crescent Heights hasn’t even started on its much older hollywood Palladium project, I don’t see downtown happening for them any time soon.
Angels landing has said for years they would break ground this year and be open before the 2028 Olympics. As this one has been approved for a while, no news but still active is a real possibility.
Times Mirror is Onni and they’ve stated that it will start once 1000 Hill nears completion. I have a lot of thoughts on this/them….
I feel like that company has an interesting funding source separate from financial markets that demands them to always having something being built no matter what the interest rates are or if there is a macro economic slowdown. They must own or have great interest in the materials side that they want to keep in business because they use the same exact glass for every project like they own and mass produce these at their own facility or something and they want to keep it running. Many of their Canadian projects, even the smaller ones have it and closer to home, their tower in Long Beach has it. That and/or it’s a “laundry” business.