Quote:
Originally Posted by JDRCRASH
LOS ANGELES, Dec. 4 /PRNewswire/ Demolition of the parking garage at Grand Avenue and First Street will commence in February 2008 following remedial site work.
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Damn. I was hoping the rep from Related who told Ralossi that the parking structure wouldn't be torn down til Feb was incorrect, or that Ralossi had somehow misinterpreted the info. Would've been nice seeing the tinker toy eyesore going through active demolition over the next few wks, an Xmas gift to the city.
As for any new proposals at this late date, including the 2 projs being mentioned for the sites on Fig south of the City Lights apt bldg, it's safe to assume that they'll be in a state of flux til receiving 1000% of their funding & devlpr's OK. Right now I'd be happy just to know that LA Central is under actual construction.
I wonder if I'm being too greedy in wanting to see alot more new devlpt now & over the next few yrs. Then I
read about what's going on elsewhere, & realize that what means "alot" in LA, when put in the context of certain other cities, isn't necessarily all that much. IOW, is it too much to wanna see more, more, more??!!!
Getting major new highrises underway in DT right now would be easier if more businesses were pouring into the hood the way they've been doing farther west, around SaMo & Century city. So far almost all new construction in DT has been dependent on housing, & we all know what's been going on lately with housing prices & mortgages.
And I thought all the land in South Pk that could've been used for a stadium was sold off by AEG some time ago. Any proj that requires a lot of acreage would take much time to put together &, of course, alot of $$ to get control over.