LOS ANGELES | Downtown Project Rundown 3.0 - Page 150

colemonkee · #**2981** Posted **Dec 20, 2007, 5:46 PM**

To get this thread back on track about DOWNTOWN development, I drove by the intersection of 9th and Figueroa last night to notice that floor formwork for Concerto's Tower 1 has reached ground level and the first tower floor formwork for 717 Flower is now almost fully in place. These two projects should be exciting to watch in the coming months.

LAofAnaheim · #**2982** Posted **Dec 20, 2007, 5:47 PM**

Quote:

Originally Posted by JDRCRASH

I could be wrong, but isn't there a new State of the art mall being proposed around there? Or maybe thats the San Fernando Valley.

Your thinking of the expansion of the Westfield Mall at the Warner Center. Orange Line was not a significant reason for the expansion. Their planned parking is going to seriously outweigh the time benefits of using public transportation. SFV is still a suburb...it's not the LA basin.

LosAngelesSportsFan · #**2983** Posted **Dec 20, 2007, 6:06 PM**

Quote:

Originally Posted by colemonkee

To get this thread back on track about DOWNTOWN development, I drove by the intersection of 9th and Figueroa last night to notice that floor formwork for Concerto's Tower 1 has reached ground level and the first tower floor formwork for 717 Flower is now almost fully in place. These two projects should be exciting to watch in the coming months.

thank you. Also, the Muruelo Tower was framing the towers first couple floors.

colemonkee · #**2984** Posted **Dec 20, 2007, 6:12 PM**

^ Meruelo Tower = 717 Flower

BrandonJXN · #**2985** Posted **Dec 20, 2007, 6:12 PM**

Quote:

Originally Posted by LosAngelesSportsFan

thank you. Also, the Muruelo Tower was framing the towers first couple floors.

Well..at least that breif concern over it stalling is over. And lol @ no one knowing how to spell his name. It's Meruelo.

(Btw..I had to google for the correct spelling.)

JDRCRASH · #**2986** Posted **Dec 20, 2007, 6:25 PM**

Sorry for the off-topic bickering I caused, guys.

Framing this early Colemonkee? Which floor is the construction on itself?

Oh! And I almost forgot to contact Meruelo Properties regarding the scheduled development of the 3 other towers that were SUPPOSED to start earlier this year. (in August if i'm correct, groundbreaking should have started on the second parcel of land they required. Obviously that hasn't happened.)

citywatch · #**2987** Posted **Dec 20, 2007, 7:26 PM**

Quote:

Originally Posted by colemonkee

To get this thread back on track about DOWNTOWN

I don't mind OT postings, but talking about transit in LA always seems like an exercise in futility. And, yes, it's nice the Congress finally has lifted its longtime ban on funding of subways on Wilshire. A good change, long overdue. However, let's be honest. Isn't that step in the right direction similar to a 40 yr old finally learning how to tie his shoelaces?

When funding for any major transit proj for LA----other than the current expansion of the gold Line & building the Expo line----which forumers like shooting the breeze about, is eventually available, I hope there will be some openings for us in the old folks retirement home.

And this deserves attention cuz it may have some role on how much or how little new housing can be built in DT over the next several yrs. Or what kind of response there will be to 717 Flower condo tower when it opens in a few yrs. Or how much a proj like Parkfifth may depend on sales to immigrants with $$:

Quote:

The annual study by the Department of Finance showed that 89,000 more people moved out of California than moved here from elsewhere in the United States. California's population did grow in fiscal 2007 -- but the growth rested on births and the arrival of more than 200,000 immigrants from other countries.

In Los Angeles County alone, nearly 115,000 fewer residents came from other states and California counties than moved to other states and counties. The county ended up with a total increase in population thanks to 91,000 births and an influx of 70,000 residents from foreign countries. (The county now has roughly 10,294,000 residents). Since 2000, about 500,000 more people have left Los Angeles County than have moved here from other parts of the U.S. and California, the figures show.

Orange County also had a modest increase of about 23,000 people overall, though there was a deficit of about 22,000 residents among those who moved to or from other parts of the U.S. (Orange County's population is 3,098,000). The picture in Ventura County was similar: an increase of 7,700 people overall to a total population of 827,000, but a deficit of 3,100 among people who moved domestically.

Echo Park · #**2988** Posted **Dec 20, 2007, 7:57 PM**

Quote:

Originally Posted by citywatch

I don't mind OT postings, but talking about transit in LA always seems like an exercise in futility.

It's no more or less an exercise in futility than talking about something like City House or Zen.

And re: loss of domestic population in LA County I wouldn't worry too much about it. Look at how many towers are U/C and approved in Chicago and NYC. Granted those are very different cities than L.A., but they do have stagnant populations (even decreasing in Chicago's case) yet are able to fill numerous dead zones.

LAofAnaheim · #**2989** Posted **Dec 20, 2007, 8:36 PM**

Quote:

Originally Posted by citywatch

[/b]In Los Angeles County alone, nearly 115,000 fewer residents came from other states and California counties than moved to other states and counties. The county ended up with a total increase in population thanks to 91,000 births and an influx of 70,000 residents from foreign countries. (The county now has roughly 10,294,000 residents). Since 2000, about 500,000 more people have left Los Angeles County than have moved here from other parts of the U.S. and California, the figures show.
[/i]

Let's focus on the positives, and not the negatives. LA County population is still increasing!!! That's a good thing!

I bet over the years, New York, San Francisco, etc... (I'm not including Chicago, b/c as we all know, Chicago is actually losing population and posting no gains), those cities have lost as much, if not more, than Los Angeles.

I work for a large accounting firm, and they say the worst employee turnover is in the Bay Area. Why? Because of the weather. Imagine a constant 60 - 70 degree weather everyday. LA has a low turnover b/c people enjoy the lifestyle & weather here.

As for New York, I don't have anything to substantiate a large decrease, but think about it, for a metro w/ over 30,000,000, you're guaranteed to have 500,000 to 1,000,000 who have left.

Thus, focus on the POSITIVES. Los Angeles is doing fantastic in terms of population, and it's only going to get better!!

LosAngelesBeauty · #**2990** Posted **Dec 20, 2007, 8:42 PM**

^ An interruption of limited natural gas supply (15% from Canada, with a steadily declining supply and contemporaneous growing domestic demand) to heat/power homes in NYC (and the rest of the Northeast) will "substantiate a large decrease."

JDRCRASH · #**2991** Posted **Dec 20, 2007, 8:47 PM**

Well remember guys:
California by 2040 will be 60 million people strong.
So I wonder if the 60% of population that exists in SoCal now will stay the same.

If thats the case......from San Luis Opispo and Kern, to San Diego and Imperial........over 40 million people will reside!

JDRCRASH · #**2992** Posted **Dec 20, 2007, 8:51 PM**

Quote:

Originally Posted by Echo Park

It's no more or less an exercise in futility than talking about something like City House or Zen.

Why the Zen Tower and The Titan project?
Are they cancelled?

LosAngelesBeauty · #**2993** Posted **Dec 20, 2007, 9:18 PM**

Quote:

Originally Posted by JDRCRASH

Well remember guys:
California by 2040 will be 60 million people strong.
So I wonder if the 60% of population that exists in SoCal now will stay the same.

If thats the case......from San Luis Opispo and Kern, to San Diego and Imperial........over 40 million people will reside!

"Strong?"

I didn't know human organisms could exist independent of (limited) energy. At least not with the kind of wasteful, unabated (bad) growth Americans are accustomed to.

Where will the energy come from to sustain 60 million people in California? What about the water? What about the oil? What about the natural gas?

JDRCRASH · #**2994** Posted **Dec 20, 2007, 9:52 PM**

^ ^ ^
Dude, do you take exageration so seriously?

Besides I didn't come up with this statistic.
In fact, I believe the Government released it.

You need to start embracing the fact that Southern California is changing and WILL, I repeat WILL continue to do so in the LONG-TERM for the better, including learning to how to live off Desalinated water and Non-Fossil fuels such as Ethanol, Nuclear, compressed air and water, and clean coal.

And you(and many others) really need to stop accusing me of talking alot of ridiculous claims and sit back and contemplate and logically conclude that Southern California WILL become the Nation's most Populous region.

Put this in Perspective:
In the 70's Palmdale wasn't much of anything, just a small town. Nobody believed it would become the largest city in L.A. County outside the basin.
I rest my case. End of story.

DTLA · #**2995** Posted **Dec 20, 2007, 11:12 PM**

So, I'm sure this has been posted somewhere else in the forum, but does anybody know when Hanover is going to have people start to move in?

Affrojuice · #**2996** Posted **Dec 21, 2007, 12:23 AM**

The one thing that I was curious about, that the population report didn't talk about is the demographics of those entering and leaving LA county. It did mention that most of the growth was from immigrants and new births. Could that mean that the demographics of LA county are changing? Are we losing our middle class and replacing them with low socioeconomic foreigners that come here and start large families. Or are we replacing LA counties poor with the wealthy immigrants who are coming here and buying up real estate? Nothing against immigrants or the poor, I was just wondering.

danparker276 · #**2997** Posted **Dec 21, 2007, 1:09 AM**

talked to a guy who said he's working on the building. He said it's gonna open in May. Probably be around $4 a sq foot. I was just talking to a guy at a party though, who knows how accurate this info is.

colemonkee · #**2998** Posted **Dec 21, 2007, 1:12 AM**

Quote:

Originally Posted by DTLA

So, I'm sure this has been posted somewhere else in the forum, but does anybody know when Hanover is going to have people start to move in?

They're planning on a Spring 2008 opening, so my guess would be sometime in April. In typical fashion, they haven't given any concrete dates. But we should be creeping up on it shortly.

EDIT: Dan, you beat me to it.

RAlossi · #**2999** Posted **Dec 21, 2007, 1:22 AM**

$4 a square foot... WOW. I remember them saying that it was going to be expensive, but jeez. Beautiful building, but what a waste of money.

BrandonJXN · #**3000** Posted **Dec 21, 2007, 5:20 AM**

Quote:

Originally Posted by LAofAnaheim

Let's focus on the positives, and not the negatives. LA County population is still increasing!!! That's a good thing!

I bet over the years, New York, San Francisco, etc... (I'm not including Chicago, b/c as we all know, Chicago is actually losing population and posting no gains), those cities have lost as much, if not more, than Los Angeles.

I work for a large accounting firm, and they say the worst employee turnover is in the Bay Area. Why? Because of the weather. Imagine a constant 60 - 70 degree weather everyday. LA has a low turnover b/c people enjoy the lifestyle & weather here.

As for New York, I don't have anything to substantiate a large decrease, but think about it, for a metro w/ over 30,000,000, you're guaranteed to have 500,000 to 1,000,000 who have left.

Thus, focus on the POSITIVES. Los Angeles is doing fantastic in terms of population, and it's only going to get better!!

Least we're not Detroit. There are not too many cities that used to have over a million people.