Quote:
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“AEG is eyeing partnerships with other area property owners to spur development along Francisco Street to improve connectivity between South Park and the Financial District. The concept is currently dubbed “Avenue of the Angels.”
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This, to me is the most interesting part of the press release. It basically confirms that AEG is going to build more hotels/condos along that street. However, what I don't understand is, why that street? To improve connectivity between South Park and FiDi? Francisco Street is already on the edge of Fidi, and when it meets FiDi it is only surrounded by parking lots before being halted entirely. It isn't even a through street, and goes only as far as the freeway exit ramp before stopping. So, why this street? Shouldn't AEG Focus more on getting rid of the deadzones that surround L.A. Live the getting rid of the dead zones on some no-importance street that will never go anywhere? If I were AEG, I'd focus on getting some of the huge parking lots filled on Figueroa before making this 'Avenue of the Angels'. L.A. Central and Jardin, anyone?
Something like this:
[IMG]

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This is an old model (2007-2008) of the area directly around L.A. Live as it was to be developed at the time. You can see Jardin, L.A. Central, and the Hotel Tower we are talking about now on there. This is how I would like the area to be developed.
EDIT: Interesting to note, any project on Francisco street wouldn't have supergraphics, as that area is not zoned to have such signs.
EDIT 2: That rendering of the new hotel is amazing, and made me really like the design. With all the new buildings that have the night-time lighting, and the new Grand Hotel with the 'Architectural Lighting' L.A. Might just have the best night-time skyline.