Here. This is off the AEG website. Handy info.
http://www.aegworldwide.com/about/newsdetail/1876
The Ritz-Carlton Residences at L.A. LIVE Closes First Escrows
February 15, 2011 09:00 AM
L.A.'s Most Anticipated Residential Tower Comes Alive
2/15/11 (Los Angeles, CA) - Completing developer AEG's original vision to revitalize Downtown Los Angeles with the world-class sports and entertainment district, The Ritz-Carlton Residences at L.A. LIVE today closed its first escrow and officially opened its doors to homeowners.
Despite challenging times for the real estate industry and a tougher economic climate, The Ritz-Carlton Residences at L.A. LIVE has experienced tremendous sales success, with more than 60 percent of its 224 residences in escrow. And with AEG's plans to further enhance the L.A. LIVE campus by building an NFL stadium, The Residences are well-poised to continue this trend.
"Our buyers believe in this one-of-a-kind project and are committed to the exciting future of Downtown Los Angeles," said Laurie Miskuski, director of sales and marketing, AEG. "With The Residences' world-class offerings and talk of future additions to the surrounding campus, there's a tremendous energy at L.A. LIVE, and our homeowners feel that this is the right place to be."
Generating $18 million in new annual tax revenues and creating more than 25,000 jobs, L.A. LIVE has received acclaim from city and industry leaders for its integral role in the renaissance of Downtown Los Angeles' socioeconomic landscape. And within the past six months, The Residences and L.A. LIVE have garnered several industry awards and accolades, recognizing both for enhancing the way Southern Californians live and travel, including the Urban Land Institute's "Global Award for Excellence," the Luxury Real Estate's "Best New Community," and most recently, the Americas Lodging Investment Summit's "2010 Development of the Year" award.
"Today marks another milestone in the development of L.A. LIVE and the further revitalization of a true and vibrant downtown sports and entertainment district," said Timothy J. Leiweke, president & CEO of AEG, developers of The Ritz-Carlton Residences at L.A. LIVE. "With L.A. LIVE-based events such as the NBA All Star Weekend, Sunday's GRAMMY Awards, the excitement at STAPLES Center with the Lakers, Kings and Clippers seasons in full swing as well as the schedule of concerts, the interest in owning a Ritz-Carlton Residence at L.A. LIVE has never been higher."