LOS ANGELES | Downtown Project Rundown 6.0 - Page 685

LAsam · #**13681** Posted **Feb 21, 2023, 11:22 PM**

^Regarding the Science Center construction for the space shuttle, I didn't even realize construction is underway for that! That's great news... though I'm sure all the rain this winter isn't helping them. I think this could move the Science Center from being a "B" attraction to a "Must See" for LA. This is a growing list since the Lucas Museum will likely also be a "Must See". LA's museum scene is already strong and only getting stronger.

JRinSoCal · #**13682** Posted **Feb 23, 2023, 5:32 AM**

Good news for DTLA! The former Standard Hotel is reopening as The Delphi.

https://www.costar.com/article/2905064/t...-shuttered-in-the-pandemic-now-reopening

Hah! Didn't realize Citiwatch beat me to it! Is there a way to delete this post?

craigs · #**13683** Posted **Feb 23, 2023, 6:07 AM**

Quote:

Originally Posted by JRinSoCal

Good news for DTLA! The former Standard Hotel is reopening as The Delphi.

https://www.costar.com/article/2905064/t...-shuttered-in-the-pandemic-now-reopening

I never got to make it to the Standard (closed before I moved back) but I'm looking forward to checking out the rooftop when it reopens.

citywatch · #**13684** Posted **Feb 23, 2023, 6:45 AM**

Quote:

Originally Posted by JRinSoCal

Didn't realize Citiwatch beat me to it! Is there a way to delete this post?

actually, your link is way better...the link I have goes to a subscriber only page.

as to why the colburn concert hall proj is important to me is illustrated by this youtuber's walking vid. He shows a bit of the small parking lot that originally was going to be ripped out & replaced with an open plaza where live outdoor concerts & screenings on monitors would occur. Even if the school can't remove upper 2nd St, which is really a lame small feeder route...a shortcut....from Hill St at 2nd instead of making cars go to Hill St at 1st St....they have no reason to keep the surface lot there. If they keep it, that will be totally puzzling & a major fail.

https://youtu.be/b6YLsZWIXdg?t=6786

however, when dtla of today seems to be testing everyone's patience to the breaking point, I like looking at vids of it from yrs ago...

• Video Link

^ I'd hate to get caught in a time machine & have to travel back to dtla of the 1970s. Even dt of 5 to 10 yrs ago hadn't progressed as much as dtla in 2023 has. When projs like the Onni apt tower at Hill & Olympic are topped off & moving closer to their grand opening, that will make today seem more incomplete too.

citywatch · #**13685** Posted **Feb 23, 2023, 11:55 PM**

although this vid, for ppl interested in dtla, has a click bait title, the youtuber discusses some key cities throughout the US. He's giving a warning of, fasten your seat belts, folks, we're in for a bumpy ride. Future projs, inc completing the oceanwide proj on Fig, are very dependent on what he talks about. The height or size of new devlpt in dtla, the number of its parking spaces, whether it has stores on the ground floor or not, how good its design is or isn't, etc, will be very much influenced by this....

https://youtu.be/DJ22IjUOs24

I always wonder how many ppl caught in traffic shown in this clip have the money to pick & choose where they live, where they'll move to, where they have to drive to? I feel bad for ppl who don't have financial or logistical means to live & work in certain areas, such as apts in dtla. Or their children attend school in pacific palisades, or things like that.

Both traffic & the economy mean that dtla now increasingly depends upon demand for residential to make up for not enough demand for commercial. Tourism & businesses related to that, such as hotels, will be another leg of the chair.

https://youtu.be/xyRo_ju4JTE?t=627

DTLA: hope for the best, prepare for the worst. Or a return to dt of yrs go. Cities like SF or NYC haven't ever really experienced things like dtla's Broadway or Spring St in the 1970s, 1980s. Or properties like the Commercial exchange bldg on 8th St or Tower theater on broadway, which sat rundown & vacant for decades before it became the Freehand hotel or apple store.

sopas ej · #**13686** Posted **Feb 24, 2023, 11:54 PM**

Apparently, there's a plan to build a tower over the new Historic Broadway Regional Connector subway station:

I hope it happens!

Source:

Urbanize Los Angeles

scania · #**13687** Posted **Feb 25, 2023, 1:19 AM**

That would be a welcome addition.

craigs · #**13688** Posted **Feb 25, 2023, 7:33 AM**

Does anyone know anything more about the Tribune project pictured above? The Urbanize interview doesn't mention the project specifically, and I wasn't here when it was first proposed.

zonedgreg · #**13689** Posted **Feb 25, 2023, 8:08 PM**

It's been approved/has building permits, but the development would be sitting on top of the new 2nd/Broadway subway station of the regional connector. The developer must wait until the regional connector is running before they can start construction. The regional connector has been delayed many times but Metro's most recent estimate of its finish date is sometime in Q2 - May i believe...

Even if they finish in May, I wouldn't be surprised if Tribune doesn't start construction for another year or longer. In this interest rate and economic environment, financing is tough to come by and very expensive. Lenders will test every sensitivity in underwriting possible and won't waiver on their risk levels.. and they'll play up the "DTLA hasn't come back fully from the pandemic, therefore we think this is too risky" line.. But who knows - every developer has creative ways of getting financing and maybe these guys have good relationships in the banking world.

They very well could end up going forward like Onni's Olympic/Hill did, but between now and May, we could see another 2-3 rate hikes of 75 bps which would be astonishingly expensive to borrow money.

citywatch · #**13690** Posted **Feb 25, 2023, 9:16 PM**

^ A slowdown in new devlpt in dt, first because of Covid & now because of that & its affect on the economy....which was already showing weaknesses even before early 2020....will be very exasperating.

As for the tagging seen in this vid, if 'artists' put as much effort into doing something constructive (& approved) as they put into their graffiti, dtla would be in way better shape. Notice the tagging at the start of this vid...how do vandals get so high up on walls? At the end of the vid, notice that one of the upper walls of the stalled oceanwide proj, invisible to most ppl, has been tagged too. You can also see that the devlpt is still very exposed to the elements. I wonder how recent storms & rain are hurting these 3 bldgs?

• Video Link

^ even if oceanwide can get a new funder, the economy may be not strong enough to really support its apts, condos & hotel space. As for the proj's 3 levels of retail? In today's economy they'll be struggling from the beginning. Only brick & mortar shopping areas like the grove, americana in glendale or the shopping area next to the disney park in anaheim have somewhat of a competitive edge in 2023 over online shopping.

craigs · #**13691** Posted **Feb 26, 2023, 8:46 AM**

Quote:

Originally Posted by zonedgreg

It's been approved/has building permits, but the development would be sitting on top of the new 2nd/Broadway subway station of the regional connector. The developer must wait until the regional connector is running before they can start construction. The regional connector has been delayed many times but Metro's most recent estimate of its finish date is sometime in Q2 - May i believe...

Even if they finish in May, I wouldn't be surprised if Tribune doesn't start construction for another year or longer. In this interest rate and economic environment, financing is tough to come by and very expensive. Lenders will test every sensitivity in underwriting possible and won't waiver on their risk levels.. and they'll play up the "DTLA hasn't come back fully from the pandemic, therefore we think this is too risky" line.. But who knows - every developer has creative ways of getting financing and maybe these guys have good relationships in the banking world.

They very well could end up going forward like Onni's Olympic/Hill did, but between now and May, we could see another 2-3 rate hikes of 75 bps which would be astonishingly expensive to borrow money.

Is the Tribune tower proposal residential, office, or mixed-use? I can't find this proposal on the first page of this thread, so I'm probably not the only one who is totally in the dark about what was proposed.

Blesha13 · #**13692** Posted **Feb 27, 2023, 6:29 AM**

Has anyone gotten the chance to go to Kenneth Hahn Park and snap pictures of the snow-capped mountains after the recent storm?

colemonkee · #**13693** Posted **Feb 27, 2023, 4:02 PM**

I made it out there yesterday. I think the sensor and the auto-focus on my very old Canon D40 is finally going the way of the dodo...

Image Credit: Me and my very old Canon

plinko · #**13694** Posted **Feb 27, 2023, 7:48 PM**

^ I was up there as well between 11 and 1. There were so many photographers out. I haven't downloaded my pics off my 80d yet.

The clouds were awesome yesterday...

IMG_5630 by Michael Stroh, on Flickr

colemonkee · #**13695** Posted **Feb 27, 2023, 7:55 PM**

plinko, I was there around 1pm, so may have just missed you. If you saw anyone carrying around a senior, one-eyed pug, that was me and my wife. Was that last shot taken from atop the parking structure next to the Pep Boys building just east of Hoover?

plinko · #**13696** Posted **Feb 27, 2023, 7:56 PM**

^Indeed.

My shots from Baldwin Hills were just OK...

IMG_5567 by Michael Stroh, on Flickr

scania · #**13697** Posted **Feb 27, 2023, 8:48 PM**

There are so many skyscrapers when you look at LA from Santa Monica, to Century City, Koreatown, into DTLA.

citywatch · #**13698** Posted **Feb 27, 2023, 9:03 PM**

Quote:

Originally Posted by plinko

My shots from Baldwin Hills were just OK...

Your other pic & the one from colemonkee is more specific to the dtla section, but if this vid should be in the LA area thread, it applies to dt too....as a cautionary tale of what happens to any proj when it's value engineered. Plus, if a facade has to be stucco, it's way better when it's applied in a smooth form, more like plaster, instead of the format where it has the texture of gravely breadcrumbs.

• Video Link

EDIT: Everyone's pics today got me to looking more closely at this area...only had a vague idea of what it was all about....Culver City may be a good location to get a good view of dtla

https://youtu.be/iB3BqmHN61o

colemonkee · #**13699** Posted **Feb 27, 2023, 10:09 PM**

plinko, your shots had really great light on all the buildings, including downtown! Tough to capture the mountains, though, with the clouds in the way. But those shots are great!

citywatch, couldn't agree more re: The Wrapper, but that's for the non-downtown thread.

caligrad · #**13700** Posted **Feb 28, 2023, 12:09 AM**

Quote:

Originally Posted by scania

There are so many skyscrapers when you look at LA from Santa Monica, to Century City, Koreatown, into DTLA.

The number of arguments I've had with people about this is so much that I could probably afford to buy a home here Haha. People love to write off LA and its skyline(s) for whatever reason. I just walk away when I get hit with the whataboutisms.