LOS ANGELES | Downtown Project Rundown 6.0 - Page 346

ocman · #**6901** Posted **Mar 28, 2018, 2:35 PM**

Chinese investment in Los Angeles and U.S. real estate plunged in 2017 on new restrictions

Quote:

Speculation that Chinese investments in U.S. real estate would plummet after Beijing enacted tighter regulations on outbound investments last August has proved correct.

There was a 55% drop in new Chinese investment in U.S. commercial real estate in 2017 compared with the year before, as spending fell from $16.2 billion in 2016 to $7.3 billion last year, according to a report Tuesday by real estate brokerage Cushman & Wakefield.

CaliNative · #**6902** Posted **Mar 29, 2018, 1:59 AM**

Quote:

Originally Posted by ocman

Chinese investment in Los Angeles and U.S. real estate plunged in 2017 on new restrictions

Thankfully the Canadians (& So. Koreans) are still here in L.A. & S.D. building (Onni, etc.). Gonna see a lot of activity around Mac. Park (Westlake) as it gentrifies and Koreatown moves east to intersect with DTLA. Koreatown proper around Vermont to Western should also see increased building. Koreans are great for L.A.--Thanks for settling here!

202_Cyclist · #**6903** Posted **Mar 29, 2018, 2:17 AM**

Quote:

Originally Posted by ocman

Chinese investment in Los Angeles and U.S. real estate plunged in 2017 on new restrictions

If you get a chance, watch, “The China Hustle.” It will give you pause about the Chinese economy.

towersla · #**6904** Posted **Mar 29, 2018, 3:41 PM**

Quote:

Originally Posted by CaliNative

Thankfully the Canadians (& So. Koreans) are still here in L.A. & S.D. building (Onni, etc.). Gonna see a lot of activity around Mac. Park (Westlake) as it gentrifies and Koreatown moves east to intersect with DTLA. Koreatown proper around Vermont to Western should also see increased building. Koreans are great for L.A.--Thanks for settling here!

Please remind, which high-rises, under construction or approved, are currently bankrolled by American firms. What are other countries doing that local visionaries are not?

LosAngelesSportsFan · #**6905** Posted **Mar 29, 2018, 4:28 PM**

Quote:

Originally Posted by towersla

Please remind, which high-rises, under construction or approved, currently have the backing of American firms. Is there real estate downtown backed by U.S. financial institutions? What are other countries doing that local visionaries are not?

MacFarlane (Park fifth and angels landing) comes to mind

Illithid Dude · #**6906** Posted **Mar 29, 2018, 8:35 PM**

CIM is building that high rise on 8th and Hope.

JerellO · #**6907** Posted **Mar 29, 2018, 8:35 PM**

So is Shenzhen still happening? :/ that plot of land seems so underdeveloped now that circa and Oceanwide are almost finished sorta

bobcat · #**6908** Posted **Mar 29, 2018, 10:27 PM**

I'll LMAO if the Chinese partner pulls out of the Grand Ave Project.

LAsam · #**6909** Posted **Mar 29, 2018, 11:57 PM**

Quote:

Originally Posted by bobcat

I'll LMAO if the Chinese partner pulls out of the Grand Ave Project.

Laughing on the outside, crying on the inside. I think The Olympia and the Shenzhen project are both at risk as well. The good news is that we got some huge projects built with Chinese capital (Metropolis & Oceanwide), and there are still plenty of non-Chinese financed projects under construction. Maybe it will be a good thing for the mega-projects to take a beat and let some absorption take place with the new inventory.

Easy · #**6910** Posted **Mar 30, 2018, 12:43 AM**

Quote:

Originally Posted by Illithid Dude

CIM is building that high rise on 8th and Hope.

Add Mack Urban/AECOM’s Aven on Grand and 12th. The lighthouse hotel planned for the current hooters spot. Cambria hotel. The two towers on 8th near spring. More in planning.

BraveNewWorld · #**6911** Posted **Mar 30, 2018, 2:31 AM**

Quote:

Originally Posted by LosAngelesSportsFan

MacFarlane (Park fifth and angels landing) comes to mind

Is Figueroa center Chinese investors too? I really hope not, I’ve been looking forward to it more than just about anything.

This one.

citywatch · #**6912** Posted **Mar 30, 2018, 6:31 AM**

• Video Link

ocman · #**6913** Posted **Apr 2, 2018, 12:04 AM**

Quote:

Originally Posted by bobcat

I'll LMAO if the Chinese partner pulls out of the Grand Ave Project.

If Related postpones it any more, I can see the city suing them for 13 years of renegotiations and subsidizes, and taking back the land and just selling it off. I’m sure everyone at city hall is fed up. Related won’t survive another postponement.

Blesha13 · #**6914** Posted **Apr 2, 2018, 1:44 AM**

Quote:

Originally Posted by ocman

If Related postpones it any more, I can see the city suing them for 13 years of renegotiations and subsidizes, and taking back the land and just selling it off. I’m sure everyone at city hall is fed up. Related won’t survive another postponement.

Potential supertall on that land

LA21st · #**6915** Posted **Apr 2, 2018, 12:26 PM**

I could see Circa's screens from Runyon Canyon.

scania · #**6916** Posted **Apr 2, 2018, 2:03 PM**

Quote:

Originally Posted by LA21st

I could see Circa's screens from Runyon Canyon.

Wow! That’s crazy!

chjbolton · #**6917** Posted **Apr 2, 2018, 7:10 PM**

Didn't someone made a huge sketch-up 3D model of all the future/under-construction projects downtown? It was around page 190 but I think it's gone now...

Help!
No but I'd really like to see a render of what we could get with all the most recent proposals somehow you know...

Doctorboffin · #**6918** Posted **Apr 2, 2018, 7:14 PM**

I made that and I’ve actually been working on an updated version. I’ll try to get some posted today.

scania · #**6919** Posted **Apr 2, 2018, 8:01 PM**

Quote:

Originally Posted by Doctorboffin

I made that and I’ve actually been working on an updated version. I’ll try to get some posted today.

Please do...that would be cool!

chjbolton · #**6920** Posted **Apr 2, 2018, 8:56 PM**

Quote:

Originally Posted by Doctorboffin

I made that and I’ve actually been working on an updated version. I’ll try to get some posted today.

Yes please!!