LOS ANGELES | Downtown Project Rundown 6.0

[bzcat]

Originally Posted by King Kill 'em

The metro station is farther along than I thought.

2020 opening

[jgacis]

Sorry for the grainy pic. Latest visual status off the 110 Harbor fwy, taken today…

[caligrad]

Originally Posted by ChargerCarl

No, go back and re-read my post.

Originally Posted by ChargerCarl

But if the tradeoff is more height/less pedestrian friendly but the same density per land use, then I'm not going to side with that.

You lost me with this statement then.

[caligrad]

Great news about Apex II breaking ground. First time we're seeing crane activity around the clock downtown.

9th street exit is going to be very interesting in the future, hopefully, that corridor is slowly becoming canyon country like Fig is.

Since we know what's going to be built across from 7th and fig. I'm almost willing to bet money that LAs next supertall is going to be at the southwest corner of 9th and fig. Talk about awesome views on all sides.

(Relax, just some light hearted guessing/wishing. Not in the mood for the Debbie Downers that like to drag the rest of us down to reality)

[ozp]

Originally Posted by LAsam

Agreed. It's always looked incomplete without some kind of cladding.

WaterMarke podium not just looks incomplete, it is incomplete. The original developer ran out of money several times and it was acquired by WaterMarke out of bankruptcy court. They resold the building couple of years ago for a good profit. Wish there was a way for the city to force WaterMarke to properly finish the podium before reselling the building!

[ConstructDTLA]

Originally Posted by ozp

WaterMarke podium not just looks incomplete, it is incomplete. The original developer ran out of money several times and it was acquired by WaterMarke out of bankruptcy court. They resold the building couple of years ago for a good profit. Wish there was a way for the city to force WaterMarke to properly finish the podium before reselling the building!

Sadly there is 0% chance of that happening. There's no upside to them spending the money beautifying the podium, it's already doing so well as an Airbnb haven.

They did mention getting wrapped into the Fig sign district. If the city permitted that they would cover the podium in signage, which could be a plus.

[Mojeda101]

Should I move Apex to under construction or hold off until we get actual photos of digging? I moved 888 Hope to U/C.

[NativeOrange]

Originally Posted by caligrad

Great news about Apex II breaking ground. First time we're seeing crane activity around the clock downtown.

9th street exit is going to be very interesting in the future, hopefully, that corridor is slowly becoming canyon country like Fig is.

Since we know what's going to be built across from 7th and fig. I'm almost willing to bet money that LAs next supertall is going to be at the southwest corner of 9th and fig. Talk about awesome views on all sides.

(Relax, just some light hearted guessing/wishing. Not in the mood for the Debbie Downers that like to drag the rest of us down to reality)

I've always thought that if we had another supertall, the corner of 9th and Fig adjacent to hotel Fig would be perfect. We could have a 3 pronged skyline with US Bank, WG and this lot being roughly the same distance apart.

Oops, I said the "S" word.

[NativeOrange]

Originally Posted by ConstructDTLA

Sadly there is 0% chance of that happening. There's no upside to them spending the money beautifying the podium, it's already doing so well as an Airbnb haven.

They did mention getting wrapped into the Fig sign district. If the city permitted that they would cover the podium in signage, which could be a plus.

I'm not usually an advocate for digital advertising being plastered all over highrises, but Jesus, anything would be an improvement over its current look.

[caligrad]

Originally Posted by ConstructDTLA

Sadly there is 0% chance of that happening. There's no upside to them spending the money beautifying the podium, it's already doing so well as an Airbnb haven.

They did mention getting wrapped into the Fig sign district. If the city permitted that they would cover the podium in signage, which could be a plus.

Seeing how Apex II is getting signage, I honestly wouldn't mind if Watermarke was allowed to have signage covering its podium either. Might as well. The only problem I see with that is the people in the Ralphs building complaining about it.....Unless the 9th street side is a digital display and the flower street side is your plain Jane paper advertisement.

Originally Posted by NativeOrange

I've always thought that if we had another supertall, the corner of 9th and Fig adjacent to hotel Fig would be perfect. We could have a 3 pronged skyline with US Bank, WG and this lot being roughly the same distance apart.

Oops, I said the "S" word.

Yeah. The original proposed tower where Apex/Concerto sits would have been 1,270ft. of boxy heaven. Kinda glad it didn't get built though. But something of similar size will fit in nicely after Oceanwide plaza, Circa and (knock on wood) the Luxe site gets done. Like you said. Would create a nice three pronged skyline when looking from the West or East. But probably would look a mess from the north and south lol. Its happening slowly but I cant wait for downtown to get a bit wider at the waist.

[caligrad]

Originally Posted by Mojeda101

Should I move Apex to under construction or hold off until we get actual photos of digging? I moved 888 Hope to U/C.

I wouldn't mind. But based off of how some people have reacted on the old forum pages, I would probably wait until we see them dig down a few feet to be on the safe side.

[King Kill 'em]

Originally Posted by caligrad

I wouldn't mind. But based off of how some people have reacted on the old forum pages, I would probably wait until we see them dig down a few feet to be on the safe side.

In some other city compilations they have a site prep category. Frankentower 2, Apex 2, 888 Hope, Onni 50 story, and Mack Urban's Grand Tower would all fit in this category.

[Easy]

Originally Posted by caligrad

I wouldn't mind. But based off of how some people have reacted on the old forum pages, I would probably wait until we see them dig down a few feet to be on the safe side.

I don't know if there is any hard and fast rule but I would certainly agree with you that there needs to at least be a hole. And my understanding was always that we waited until rebar was installed.

[colemonkee]

^ There is a hard and fast rule for under construction on the forum. There has to be actual foundation work, which can be foundation piles (not to be confused with shoring piles), caissons, or rebar for a matt foundation. Any one of those three will qualify. So this one is a ways out, but on its way there.

[Illithid Dude]

Curbed posted a clearer photo of the Mitsui Fudosan development.



436 rental units, 10,000 square feet of commercial space, 460 Parking Spaces, and 43 stories tall. Johnson Fain is the architect.

EDIT: Holy hell that's a big photo.

[King Kill 'em]

Pretty good parking space to unit ratio.

[citywatch]

Originally Posted by colemonkee

^ There is a hard and fast rule for under construction on the forum. There has to be actual foundation work, which can be foundation piles (not to be confused with shoring piles), caissons, or rebar for a matt foundation. Any one of those three will qualify. So this one is a ways out, but on its way there.

Builders Hold High Hopes for High-Rises on 'Golden Mile'
December 12, 1988

For nearly eight years, the steel frame of a 28-story building on Wilshire Boulevard between Westwood and Beverly Hills sat rusting as a skeletal reminder of a dream that had soured.

In the early 1980s, 11 projects were planned to help create the "Golden Mile," Los Angeles' version of high-rise luxury condominium living. But developers say that high interest rates, a glut of overpriced condominiums and the disdain of home buyers for living in high-rise buildings led to a bust. Some developers have gone bankrupt.

Michael V. Reyes, president of Urban Pacific Group, and Lee Danielson, vice president of Cal Fed Enterprises, both were involved in efforts to create the Golden Mile.

Reyes said the market went bust because years of steady hype pushed prices to unrealistic heights. For example, he said, the asking price for one penthouse unit at that time was $11 million. That condo recently sold for $4 million, he said.

Danielson points out that there were too many condominiums at the time--about 900 units built in one year--and that the finished product was mediocre.

The nation's economy also was a factor. Interest rates were high, helping put a damper on sales.

[caligrad]

^^^ Huh ? I've never seen a 28 story steel skeleton structure on Wilshire rusting away for 8 years..... Or is this story literally dated back to 1988?

Originally Posted by colemonkee

^ There is a hard and fast rule for under construction on the forum. There has to be actual foundation work, which can be foundation piles (not to be confused with shoring piles), caissons, or rebar for a matt foundation. Any one of those three will qualify. So this one is a ways out, but on its way there.

Yeah thanks for clarifying. I figured foundation work was the golden rule. People always say different things. Some say steel rebar, some say pilings, some say concrete pour.

[caligrad]

Why does it feel that every new development, whether its a tower or 7 story, MUST have a pool, gym, sauna, meeting room, spa, and crazy garbage like redwood floors, $20,000 for appliances and etc?

Just give me a freaking building, no pool, no gym, none of the other smoke and mirrors. I don't want imported wood from South America, I don't want appliances from Europe. Its as if developers feel they wont make a sale unless they add 100k in extras on top of the already high price.

[Quixote]

Originally Posted by Illithid Dude

EDIT: Holy hell that's a big photo.

And a big podium as well!