LOS ANGELES | Downtown Project Rundown 4.0 - Page 180

Dale · #**3581** Posted **Mar 18, 2012, 6:10 PM**

Quote:

Originally Posted by skyscraperfan23

There is no recovery, it's a coverup.

I don't doubt it. But in a way it doesn't matter. Some people are recovering quite nicely and skyscrapers are being built again. Plans are being dusted off just about everywhere.

dachacon · #**3582** Posted **Mar 18, 2012, 8:30 PM**

Quote:

Originally Posted by skyscraperfan23

There is no recovery, it's a coverup.

Troll

Mojeda101 · #**3583** Posted **Mar 18, 2012, 9:14 PM**

Quote:

Originally Posted by dachacon

Troll

No man, he's right in a way. Lately so many projects have been approved for LA and have then been scraped or not realized to what they originally were. The same could go for this project although it's highly likely that it could in fact be built now that it's a single tower. But don't fret, a few towers are going up as we speak. The Ritz Marriot across the street from LA live is in fact under way as they reported would start in March. The gating is up and it's march! Don't forget the Cheese Cake lot in Hollywood. This will go under away soon, it must and very well could. If news was heard that the tallest building in the west coast were to be built, the media would be all over it!

Zapatan · #**3584** Posted **Mar 19, 2012, 12:23 AM**

Quote:

Originally Posted by skyscraperfan23

There is no recovery, it's a coverup.

Elaborate please

Why would they cover up? They would have just cancelled it. The economy was worse 3-4 years ago than it is now, that means there is recovery.

JDRCRASH · #**3585** Posted **Mar 19, 2012, 2:08 AM**

I fail to see how covering up a recovery and proposing something uneconomical is in a developer's best interest.

Oh, and page 1 is updated.

Mojeda101 · #**3586** Posted **Mar 19, 2012, 2:36 AM**

Quote:

Originally Posted by JDRCRASH

I fail to see how covering up a recovery and proposing something uneconomical is in a developer's best interest.

Oh, and page 1 is updated.

You should probably remove LA Central from the list of under construction. Since it's not. XD

JDRCRASH · #**3587** Posted **Mar 19, 2012, 1:41 PM**

Quote:

Originally Posted by Mojeda101

You should probably remove LA Central from the list of under construction. Since it's not. XD

Huh? Umm... It isn't. It is under the Approved section.

Illithid Dude · #**3588** Posted **Mar 19, 2012, 2:24 PM**

Quote:

Originally Posted by JDRCRASH

Huh? Umm... It isn't. It is under the Approved section.

You know what else is under the approved section? The Marriott tower, which is now under construction. So, I guess change that.

Also, I love how on top of things you are. Much better front page updates then any other City Compilation Thread. So... great work.

OneMetropolis · #**3589** Posted **Mar 19, 2012, 6:50 PM**

Quote:

Originally Posted by Illithid Dude

The Marriott tower, which is now under construction

Is it really under construction?

Mojeda101 · #**3590** Posted **Mar 19, 2012, 11:05 PM**

Quote:

Originally Posted by OneMetropolis

Is it really under construction?

Pre-construction.

The fencing is up in the lot, although it could possibly tank similar to how LA Central did. Remember when they put the fencing up but never got started?

Illithid Dude · #**3591** Posted **Mar 19, 2012, 11:06 PM**

Quote:

Originally Posted by Mojeda101

Pre-construction.

The fencing is up in the lot, although it could possibly tank similar to how LA Central did. Remember when they put the fencing up but never got started?

Yeah, but that one got cancelled due to the recession. There is no recession to inhibit this project.

skyscraperfan23 · #**3592** Posted **Mar 19, 2012, 11:44 PM**

Quote:

Originally Posted by Mojeda101

No man, he's right in a way. Lately so many projects have been approved for LA and have then been scraped or not realized to what they originally were. The same could go for this project although it's highly likely that it could in fact be built now that it's a single tower. But don't fret, a few towers are going up as we speak. The Ritz Marriot across the street from LA live is in fact under way as they reported would start in March. The gating is up and it's march! Don't forget the Cheese Cake lot in Hollywood. This will go under away soon, it must and very well could. If news was heard that the tallest building in the west coast were to be built, the media would be all over it!

Thank you.

RST500 · #**3593** Posted **Mar 20, 2012, 12:51 AM**

Quote:

Originally Posted by Illithid Dude

Yeah, but that one got cancelled due to the recession. There is no recession to inhibit this project.

Was LA Central Canceled? I thought it was on hold.

Mojeda101 · #**3594** Posted **Mar 20, 2012, 1:09 AM**

Quote:

Originally Posted by RST500

Was LA Central Canceled? I thought it was on hold.

Agreed. Although times are slow, isn't it still on hold? It would be a fantastic addition to say the least. Imagine all the development in the area! The Marriot, Farmers Field, and LA Central. Hopefully life is thrust upon it once again.

LosAngelesBeauty · #**3595** Posted **Mar 20, 2012, 3:07 AM**

Quote:

Originally Posted by alki

Its negative in that they don't see demand for offices anytime in the forseeable future............ten years. DTLA needs to get office absorption back on track. That means competing directly with west side bldgs.

I would like DTLA to start competing with Orange County (mainly, Irvine and Costa Mesa) instead of our Westside. There are some pretty big companies based in Orange County I would like to see come up to DTLA such as LA Fitness, Taco Bell, St. John, etc.

Illithid Dude · #**3596** Posted **Mar 20, 2012, 3:22 AM**

Quote:

Originally Posted by RST500

Was LA Central Canceled? I thought it was on hold.

I'm sorry, I misspoke. It was delayed due to the recession. As far as I know, there are still plans to, someday, and in some form, restart the project.

EDIT:

Look what Brigham posted.

He does say that actual groundbreaking will be in April, not March. I guess it is all prep at this point, but the building is definitely a go.

LosAngelesBeauty · #**3597** Posted **Mar 20, 2012, 3:42 AM**

^ Thanks for posting that Illithid Dude. I also spoke to a spokesperson for AEG on Friday and he told me from what he knows (he's not part of Williams and Dame), ground breaking (at least ceremonial) is still scheduled for April.

JDRCRASH · #**3598** Posted **Mar 20, 2012, 5:15 AM**

Yeah the recession was a huge factor in the demise of Approved projects. Still, I wouldn't put it past LA to tear down a parking lot and then replace it with another. So... we'll see.

Mojeda101 · #**3599** Posted **Mar 20, 2012, 6:33 AM**

Quote:

Originally Posted by JDRCRASH

Yeah the recession was a huge factor in the demise of Approved projects. Still, I wouldn't put it past LA to tear down a parking lot and then replace it with another. So... we'll see.

Actually, the parking lot wasn't ever torn down. It was just fenced. Although I'm sure with the development in the area, investors will want a shot at joining the fun.

patriotizzy · #**3600** Posted **Mar 20, 2012, 9:25 PM**

Anyone have renderings for the proposed building? Thanks in advance!