DOWNTOWN LOS ANGELES - The long-delayed Grand Avenue project is finally set to see some construction action.
Developer Related Cos. was slated to begin work as soon as Friday, Dec. 21 (after Los Angeles Downtown News went to press) on a $100 million, 19-story luxury apartment tower, said Bill Witte, president of Related California.
The tower designed by the Miami-based Arquitectonica will rise on Grand Avenue, just south of the under-construction Broad museum. Related will hold an official groundbreaking ceremony on Jan. 10.
The site, known as parcel M, was originally slated for the second phase of the Grand Avenue project. Phase one called for a Frank Gehry-designed complex with two residential towers and a hotel above a retail hub on the Grand Avenue parking lot across from Disney Hall.
That portion of the project has been delayed because Related has not been able to secure financing; Related has missed multiple deadlines to break ground on the phase one piece, and instead has secured repeated extensions.
The joint powers Grand Avenue Authority approved an extension for phase one through February 2013. The firm is expected to request another extension soon.
For the parcel M tower, plans call for 271 units, 20% of which would be priced for low-income tenants, and 5,000 square feet of commercial space envisioned as a restaurant. The project is expected to open by late 2014.
I was just down there last Saturday, and they have removed all of the construction equipment for the Broad from the lot where this tower is to be built. Im guessing they are getting ready to remove the lot altogether and begin excavations. Nice progress
Curbed had an article back in August or September about the lot being on the verge of a sale, and that all of the potential buyers had mixed-use hotel projects in mind.
Curbed had an article back in August or September about the lot being on the verge of a sale, and that all of the potential buyers had mixed-use hotel projects in mind.
I believe that article was reffering specifically to the carwash sight. The gas station is something else entirely.
The House Transportation & Infrastructure Committee held a field hearing in the proposed LA courthouse this past April and was very critical of spending any money on a new courthouse. It is not surprising to see the General Services Administration value-engineer this as a result of the hearing.
The House Transportation & Infrastructure Committee held a field hearing in the proposed LA courthouse this past April and was very critical of spending any money on a new courthouse. It is not surprising to see the General Services Administration value-engineer this as a result of the hearing.
The winning design isn't very winning; it doesn't add to the skyline, and the landscaping (or lack of it) is awful. I do like the design of the building compared with that other alternative that I posted, but overall it's just so blah.
__________________ "I guess the only time people think about injustice is when it happens to them."
~ Charles Bukowski
As several people who commented on the Curbed article mentioned, this is probably the result of the attacks from the Congressional representative from Bakersfield. If the GSA builds a no frills courthouse, it's a lot easier to shrug off accusations of wasteful spending.
It's a shame. I love this design, and think it would have been an incredible addition to the skyline.
As several people who commented on the Curbed article mentioned, this is probably the result of the attacks from the Congressional representative from Bakersfield. If the GSA builds a no frills courthouse, it's a lot easier to shrug off accusations of wasteful spending.
It's a shame. I love this design, and think it would have been an incredible addition to the skyline.
This doesn't make sense. The budget for this project is $320 mil. It's always stayed that way. All the competing firms were working on their designs with that figure in mind. So all of them, even that one by yazdani studio are presumably under $320 mil.
Prev
Linear Mode
