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  #2621  
Old Posted Nov 14, 2007, 6:54 PM
hughfb3 hughfb3 is offline
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Some good news in the midst of all this...
So last night I went to the downtown neighborhood council meeting at the Los Angeles Theater [absolutely breathtaking inside] and found out that our historic core adaptive reuse czar Barry Shy is planning a HUGE project at 6th & Main with 777 live-work condominiums and ground floor retail in 2 towers. Just for reference, South Group's Jardin; which is two towers as well, is less than 650 units. The towers will be connected with a sky-bridge.

I also went by the LA central site again and was relieved to see that only the 11th street side of the fence is dismantled; which like threehundred said, could be to open it up for the AMA's at Nokia on Sunday. Incase anyone is wondering, 11th street is the side that faces the Nokia Theater
     
     
  #2622  
Old Posted Nov 14, 2007, 7:33 PM
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There is a big article in today's Wall Street Journal on the revival of Broadway:

http://online.wsj.com/article/SB119500058591592072.html

Broadway West?
Tinseltown Eyes Theatrical Revival

By JONATHAN KARP
November 14, 2007; Page B1

Along Broadway in downtown Los Angeles, the Tower Theater helped usher in the era of "talking pictures" in 1927, and the Los Angeles Theatre hosted the 1931 premiere of Charlie Chaplin's classic film "City Lights." Albert Einstein accompanied the star to the gala, while Great Depression victims stood in line for bread across the street.

But unlike the Broadway of New York City, where -- when stagehands aren't on strike -- throngs arrive in tour buses to see "Mamma Mia" or "A Chorus Line," the 12 theaters in L.A.'s version of the Great White Way have long been neglected and sit mostly unused.

The baroque and gothic venues, built between 1910 and 1931 for vaudeville acts and movies, line a six-block stretch that today is a mélange of retail marts, check-cashing outlets and bridal shops. Two theaters serve as churches, and another has become a flea market. This street teems with activity by day but largely empties at dusk.

For the first time in decades, though, there is hope that the city's faded theater district can be revived -- as a broader renaissance of downtown Los Angeles takes hold.

After previous failed attempts to restore Broadway's nightlife, a new initiative by developers, preservationists and policy makers is gaining impetus because of two multibillion-dollar projects at both ends of the business district: the L.A. Live sports and entertainment complex in the south and the Grand Ave. residential, hotel and shopping plan in the north. Broadway is envisioned as a thriving theater corridor, with bistros, bars and new stores, linking the two megadevelopments.

"The timing is finally right for revitalizing Broadway," says Michael Delijani, who owns the Tower, Los Angeles, State and Palace theaters. The nearly 2,000-seat Orpheum Theatre has been renovated, and the Million Dollar Theater -- built in 1918 by impresario Sid Grauman, whose later Hollywood cinemas accelerated Broadway's decline -- is due to reopen in the coming months after a makeover.

Los Angeles city council member José Huizar has been shuttling between the theater owners and the city's planning department to build consensus for a revival plan. In a small but concrete step, he secured city council support late last month to fund a study on how to make more parking available, a major bottleneck for the large theaters. This month, Mr. Huizar says he will present a comprehensive vision for the theater district to deal with everything from better street lighting to increased access for loading stage equipment at the theaters.

Like other downtown Los Angeles projects, Broadway faces a host of challenges, including its proximity to thousands of homeless people living in the Skid Row neighborhood a few blocks away and the question of how to balance future theater fare among live stage performances, films and Spanish-language entertainment. Skeptics say downtown already has a glut of event venues.

Even proponents say gentrification could create tension with the street's business owners, most of whom are Hispanic, who eventually will be expected to upgrade their restaurants and shops, or move. Mr. Huizar, whose connection to the street dates from a childhood of watching Spanish-dubbed martial-arts movies in Broadway theaters, believes all interests can be accommodated. Community activists say efforts already are under way to help commercial tenants relocate to available properties within blocks of Broadway.

"Downtown is big enough for everybody," says Brady Westwater, an entrepreneur and civic activist. New condominium, loft and apartment complexes downtown have begun luring professionals to move to pockets near Broadway and create demand for higher-end supermarkets and stores.

Advocates believe that revamping Broadway is important to creating a more cohesive downtown for the growing number of residents and tourists alike. It could also accelerate real-estate investment downtown, which hasn't been as desirable a property play as Beverly Hills or Santa Monica.

Broadway's success could hinge on investing millions of dollars in public transportation, including reviving the Red Car trolley that operated until 1961, to make downtown -- an area of several square miles -- easier to get around. In the short-term, though, the focus is on scrubbing off graffiti, adding parking and renovating and reopening the theaters.

Unlike New York, where the city and state governments invested directly in venues, "in L.A., all the theaters are private, and the owners will have to lead the process," says Tara Jones, a consultant and president of National Preservation Partners, a nonprofit group. Ms. Jones has prepared studies on the theaters' market feasibility.

Entertainment conglomerates haven't yet embraced Broadway west, but it's still early in the process.

Only four of Broadway's theaters are available for events, and only one, the Orpheum, has truly been renovated. The Broadway Bar, adjoining the Orpheum, offers a rare watering hole for before or after a performance.

Orpheum owner Steve Needleman invested $3.5 million to overhaul the 1,970-seat venue, which has hosted episodes of the television show "American Idol" and was one of several Broadway theaters used to film the movie "Dreamgirls." In recent weeks, Mr. Needleman has rented out the Orpheum for Los Angeles Fashion Week events and to Siemens AG for the launch of a new magnetic-resonance imaging machine. "I do a wide variety," he says. "I know how hard it is to fill 2,000 seats."

Mr. Needleman's parents bought the building in 1964, not for the theater itself, but for the 11 floors of garment-factory space above it. In 2001, Mr. Needleman began restoring the theater. He has since invested some $4 million separately to convert the upper floors into apartments.

The street's biggest theater landlord, Michael Delijani, is aiming to position his four venues for a range of offerings. His newest acquisition, the 300-seat Tower theater, was earning its keep one recent afternoon as the set for a "CSI" episode, replete with a New York City taxi and police car at its curb.

The jewel of Mr. Delijani's theater portfolio, the Los Angeles Theatre, has been in the family since the 1970s, but only gradually have the owners sought to restore the ornate, French-inspired interior. Reminders of past glory abound, from the chandeliers and gilded lobby decor to the auditorium's ceiling mural to the ladies restroom, where each of 16 stalls is decorated in a different color of marble.

Another Delijani property, the State Theater, once featured performances by Judy Garland. Now it is leased by an evangelical church. In addition to restoring the venue, there is "some discussion" about developing the upper floors as a boutique hotel," says Ms. Jones, the consultant.

Despite the comparisons to New York, Los Angeles's Broadway is likely to lean toward film events and concerts. Mr. Huizar, the city councilman, says, "The ultimate would be to book a [New York] Broadway show."

Mr. Westwater, a civic activist who has helped lure art galleries downtown, agrees. He is busily trying to recruit theater professionals, musical productions and live drama to Los Angeles.

Extended runs here would give tourists a reason to visit downtown and would "create a West Coast outlet to amortize the cost of putting on productions," he says.

He is confident the plan to attract New York productions will succeed, adding, "The only question is: Who is going to be the first to cut a deal and get the best terms?"


The Los Angeles Theatre's owners have slowly restored its glory.


The facade of the Los Angeles Theatre, built in 1931, in the historic Broadway district.

Write to Jonathan Karp at [email protected]1
     
     
  #2623  
Old Posted Nov 14, 2007, 7:50 PM
citywatch citywatch is offline
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^ Thanks for the heads up on that article.

Quote:
Originally Posted by hughfb3 View Post
Some good news in the midst of all this...
So last night I went to the downtown neighborhood council meeting at the Los Angeles Theater [absolutely breathtaking inside] and found out that our historic core adaptive reuse czar Barry Shy is planning a HUGE project at 6th & Main with 777 live-work condominiums and ground floor retail in 2 towers. Just for reference, South Group's Jardin; which is two towers as well, is less than 650 units. The towers will be connected with a sky-bridge.
Nothing better than first hand reports. The posts of SSPers who live or work in DT, or visit there alot, often run circles around the stuff from those of us who have to settle for being on the outside looking in.

Barry Shy is a major puzzle to me, in that his reputation is very poor. I wonder if he's like a Dr Jekyl & Mr Hyde? If so, that's worrisome since so much of the OBD is dependent on his investments & devlpt. However, if he has somehow managed to build projs that succeed with buyers & renters---enough so that he can sponsor a totally new huge tower in the OBD----then he must have a real knack for such work. But as with any proposed devlpt, I'll believe it only when I see it.

As for LA Central, I hope the only reason part of its barricade was torn down was to accomodate the AMA awards. And for some reason I originally kept thinking the 12th St side, or south side, of the barricade had been removed.
     
     
  #2624  
Old Posted Nov 14, 2007, 7:59 PM
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Originally Posted by ladowntowner View Post
I remember that highrise condo tower. It came to my mind also when people here started tossing around the possibility of such a scenario. I think it was called the Evian or some such thing.
Your post made me do some double checking about the condo towers along Wilshire. I'm not sure if the bldg you & I are thinking of is the one called Evian, but disregard the timeline I mentioned before. The only larger condo towers built around the yrs I'm thinking of were finished no later than 1990, which means the bldg I'm thinking of must have been under construction, & then left sitting incomplete for awhile (not sure how long that was but it seemed to last for at least over a yr or two, & not just months), not during the early 1990s but the late 1980s.
     
     
  #2625  
Old Posted Nov 14, 2007, 10:47 PM
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Quote:
Originally Posted by hughfb3 View Post
Some good news in the midst of all this...
So last night I went to the downtown neighborhood council meeting at the Los Angeles Theater [absolutely breathtaking inside] and found out that our historic core adaptive reuse czar Barry Shy is planning a HUGE project at 6th & Main with 777 live-work condominiums and ground floor retail in 2 towers.
Don't count on this happening. This has less to do with the economy per se, but more with Mr. Shy's legal troubles.
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  #2626  
Old Posted Nov 15, 2007, 12:13 AM
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Originally Posted by ThreeHundred View Post
Anyway...a theory I had about the LA Central site: The American Music Awards are this Sunday at Nokia. I also think something is happeing at Staples. Mabye a portion of the fence came down to open up more parking.
also, the l.a. autoshow starts this friday, so demand for parking will be even higher.
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  #2627  
Old Posted Nov 15, 2007, 12:29 AM
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Originally Posted by colemonkee View Post
Don't count on this happening. This has less to do with the economy per se, but more with Mr. Shy's legal troubles.

Although those two negative forces are not mutually exclusive. Conclusion? Most likely it won't happen. Again, I hope I'm wrong.
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  #2628  
Old Posted Nov 15, 2007, 2:58 AM
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Quote:
Originally Posted by citywatch View Post
[/b]Your post made me do some double checking about the condo towers along Wilshire. I'm not sure if the bldg you & I are thinking of is the one called Evian, but disregard the timeline I mentioned before. The only larger condo towers built around the yrs I'm thinking of were finished no later than 1990, which means the bldg I'm thinking of must have been under construction, & then left sitting incomplete for awhile (not sure how long that was but it seemed to last for at least over a yr or two, & not just months), not during the early 1990s but the late 1980s.
I believe we may be thinking of the same one. According to my recollection, construction started in the mid 80's, and it was a topped out (or nearly so) steel skeleton of something like 17 floors before construction was halted. It sat as a rusting embarrassment for possibly 5 years or more.
     
     
  #2629  
Old Posted Nov 15, 2007, 5:36 AM
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Quote:
Originally Posted by citywatch
[/b]Your post made me do some double checking about the condo towers along Wilshire. I'm not sure if the bldg you & I are thinking of is the one called Evian, but disregard the timeline I mentioned before. The only larger condo towers built around the yrs I'm thinking of were finished no later than 1990, which means the bldg I'm thinking of must have been under construction, & then left sitting incomplete for awhile (not sure how long that was but it seemed to last for at least over a yr or two, & not just months), not during the early 1990s but the late 1980s.
Quote:
Originally Posted by ladowntowner View Post
I believe we may be thinking of the same one. According to my recollection, construction started in the mid 80's, and it was a topped out (or nearly so) steel skeleton of something like 17 floors before construction was halted. It sat as a rusting embarrassment for possibly 5 years or more.

I did some research online and could not turn up anything regarding the unfinished building in LA.

I guess a good point could be made that while it can, and has, happened; it is a rare thing indeed. And since there are no abandoned construction sites (at least of multi-storey buildings) around today, they are rare and are usually complete at some point.

Conclusion: Things are looking good for those buildings “under construction”.


Anyway, there should be a prize for the forummer that comes up with the mystery building. Bonus prize for a picture of the unfinished skeleton.
     
     
  #2630  
Old Posted Nov 15, 2007, 6:39 AM
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^ I was only able to find this mention online:



Since it happened prior to the age of the Internet and was a very minor footnote of history in the grand scheme of things, digging up stuff on it is proving to be very difficult.

Last edited by ladowntowner; Nov 15, 2007 at 8:06 AM.
     
     
  #2631  
Old Posted Nov 15, 2007, 7:57 AM
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A lot of times, developers are required to buy completion bonds to make sure that the buildings are finished.
     
     
  #2632  
Old Posted Nov 15, 2007, 11:54 AM
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Exclamation

West L.A.???? Like in The Westwood or Century City area?? That article had nothing to do with downtown.
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  #2633  
Old Posted Nov 15, 2007, 5:59 PM
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Originally Posted by djerniepearl View Post
West L.A.???? Like in The Westwood or Century City area?? That article had nothing to do with downtown.
You obviously haven't been paying attention. We were having a discussion on the possibility of the Ritz or any other project under construction coming to a halt; and there was one example in the past a la ^^^century city/ westwood, where a tower did just that.

There is a lot of pessimism about about Barry and his projects. I do not know much about him and I understand we are in a different day than we were last year, but I do recall a lot of the same attitude toward Murelo concerning construction of his tower and look where it is at... and we all thought for sure that glass tower and concerto were done deals.

Is there any proof of Barry's troubles b/c right now all I see is money from what he is doing with all the conversions.

Last edited by hughfb3; Nov 15, 2007 at 6:09 PM.
     
     
  #2634  
Old Posted Nov 15, 2007, 8:52 PM
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I hope that alot of this stuff lately is rumors.
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  #2635  
Old Posted Nov 15, 2007, 9:38 PM
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The only rumor I believe right now is that due to this:

Quote:
Notice of Public Hearing: by applicant Fig Central LLC to be held on 05Dec2007, requesting multiple variances in accordence with the Los Angeles Sport and Entertainment District Zone (LASED). Proposing: A, 52 story north tower which will include a 222-room hotel and 412 condo units. A, 40 story south tower wich will contain retail uses and addiontal condo units.


the owners know they have until 12/05 before they can move forward, so they removed the fence on one side of the lot to obtain as much parking income until such date.


Quote:
Originally Posted by ladowntowner View Post
^ I was only able to find this mention online:



Since it happened prior to the age of the Internet and was a very minor footnote of history in the grand scheme of things, digging up stuff on it is proving to be very difficult.
Wow, ladowntowner! No wonder it was so hard to find. 1982 – that goes back. Well, you win the prize:

Quote:
Anyway, there should be a prize for the forummer that comes up with the mystery building. Bonus prize for a picture of the unfinished skeleton.
But since this is an online prize, this is all SSP could come up with. You win a free ride on a llama with a smiling banana:


***** Bonus prize still up-for-grabs *****
     
     
  #2636  
Old Posted Nov 15, 2007, 11:06 PM
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Is there any proof of Barry's troubles b/c right now all I see is money from what he is doing with all the conversions.
You are correct that Barry has made a lot of money with his projects. However, there are several lawsuits in various stages of litigation against Barry regarding past and current projects (including the one mentioned on 6th & Spring). The claims against him are fairly significant. He recently lost a lawsuit with two Higgins homeowners regarding claims similar to those in the pending lawsuits. That's about all I'm able to divulge at this point, but the rest should be public knowledge as they are filed in Los Angeles County court.
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  #2637  
Old Posted Nov 15, 2007, 11:13 PM
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Originally Posted by hughfb3 View Post
I do recall a lot of the same attitude toward Murelo concerning construction of his tower and look where it is at... and we all thought for sure that glass tower and concerto were done deals.
Not to be the contrarian, but I don't think anyone really thought Glass Tower was a done deal, especially since the developer hadn't done any other projects and was relatively young.

Also, Meruelo was supposed to be breaking ground on a new tower every six months... at this point I'll be happy once the Union Lofts open and 717 W. 9th tops out.
     
     
  #2638  
Old Posted Nov 16, 2007, 2:51 AM
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I must be in some kind of time warp in regards to the highrise condo tower on Wilshire that was left unfinished & abandoned for quite awhile. I thought it was sitting as a rusting eyesore no earlier than the late 1980s, but I guess I have to push even that date further back. When I place the bldg in the context of my kids' ages, I pause & realize that alot more time has passed than I first realized.

And it looks like the lag time on LA Central is turning out to be as drawn out as what occurred with the Medallion after it supposedly broke ground in July. I wonder why LA central's devlprs, esp if they knew all their permits wouldn't be completed any earlier than Dec, jumped the gun & put up a construction barrier as many months ago as they did?

However, just as long as those barricades eventually really do serve the purpose they were intended for----but also as long as that's not too far off into the future----I'm glad they were installed as early as they were. They do help give a sense of momentum to the hood, & though the Staples parking lot wasn't as bad as parking lots go, it's always a good sign when another big gap bites the dust.

Speaking of former gaps or deadzones, here's a recent long distance shot of the site of the Medallion, taken by blogger Eric Richardson. It will be that much nicer when the devlpt is extended north to 3rd St, wiping out the balance of the current parking lot (& the billboard):



ericrichardson at flickr.com
     
     
  #2639  
Old Posted Nov 16, 2007, 3:24 AM
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*** Please excuse our interruption of your regularly scheduled programming ***

From an Archive search on L.A. Times:

Council Wants Condos Finished or Demolished

Los Angeles Times (1886-Current File) - Los Angeles, Calif.
Author: MARY CURTIUS
Date: Jan 26, 1984
Start Page: WS1 Pages: 3 Section: THE WEST SIDE
Text Word Count: 1476

Abstract
(Document Summary) : "The 17-story steel skeleton of a Wilshire condominium, abandoned when its developers declared bankruptcy two years ago, has caused such an outcry from Westwood residents that the Los Angeles City Council says it should either he completed or demolished."

And this:

Slump Tinges Wilshire 'Golden Mile' With Rust
WILSHIRE: Unsold Condos Dim Golden Glow

Los Angeles Times (1886-Current File) - Los Angeles, Calif.
Author: BRUCE KEPPEL
Date: May 10, 1982
Start Page: G1 Pages: 2 Section: Part IV Text
Word Count: 959

Abstract
(Document Summary): "The rusting skeleton rises ominously against the opulent West Los Angeles skyline at the heart of the milelong stretch of Wilshire Boulevard connecting Beverly Hills and Westwood."


Now I bet if I paid the $3.95 for each article one of the .pdf's would likely include a picture. I just have to decide if the "bonus prize" would be worth that investment... hmmm...

OK, I'm gonna give my age away here *sigh* but I actually remember reading both of these articles in the L.A. Times way back when as 14-16 year old. Guess I have one mofo of a memory - for this stuff anyways - I even got the height correct at 17 floors. Yep, was interested in these things even then. Oh how the Internet has allowed us the feed our OCD monsters...

And before I shut up on the subject, I'll take this one last risk of offending the sensibilities of the topic police, getting myself forever banned from the forum. Here's one more article from '91 referencing abandoned condo towers in L.A.:

"La Tour is the latest of the glitzy towers sprouting up along Wilshire Boulevard's so-called Golden Mile, as Westwood's condo row is known.

Many of those towers had sat idle for years as nothing but heaps of rusting steel when their original developers ran out of money. But most of the projects have since been taken over by deeper-pocketed developers who are now pushing the towers toward completion.
Today's completed and near-completed towers are attractive but the Golden Mile jackpot that developers had hoped for remains largely elusive.

Those developers appeared to be turning rust into gold by the fourth quarter of 1989, with Westwood's luxury condos selling briskly."

This one's online, so I can link to it here.

*** Back to your regularly scheduled programming - Please accept our apologies ***
     
     
  #2640  
Old Posted Nov 16, 2007, 4:53 PM
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