LOS ANGELES | Downtown Project Rundown 6.0 - Page 516

LAsam · #**10301** Posted **May 5, 2021, 6:50 PM**

No point in getting into a discussion about LA homelessness and housing in this thread. It will all get deleted for being off topic. City Discussion is a better venue.

LA21st · #**10302** Posted **May 6, 2021, 2:19 AM**

Quote:

Originally Posted by 202_Cyclist

I am sure Eric Garcetti would be a great ambassador but this would be a big loss for Los Angeles.

https://mobile.twitter.com/axios/sta...ive-Digest-5-5

It wouldn't be a big loss at all.

nmkef · #**10303** Posted **May 6, 2021, 4:54 PM**

Let's get back into local gossip.

Looks like something is happening at Oceanwide today. This crane base rolled up this morning, so far just a bunch of workers milling about but no movement... perhaps they are putting the crane back that they removed last year?

EDIT: Crap, just realized that this could also just be local filming... so cruel to tease like that

scania · #**10304** Posted **May 6, 2021, 7:56 PM**

Quote:

Originally Posted by nmkef

Let's get back into local gossip.

Looks like something is happening at Oceanwide today. This crane base rolled up this morning, so far just a bunch of workers milling about but no movement... perhaps they are putting the crane back that they removed last year?

EDIT: Crap, just realized that this could also just be local filming... so cruel to tease like that

I’ve never seen a crane put up for filming.

nmkef · #**10305** Posted **May 6, 2021, 8:16 PM**

It's definitely a film crew, they've been at it all day! All the random people running around without hard hats or neon vests gives it away

Maybe just taking advantage of the Oceanwide construction site as the background for footage.

a9l8e7n · #**10306** Posted **May 6, 2021, 8:18 PM**

Quote:

Originally Posted by nmkef

It's definitely a film crew, they've been at it all day! All the random people running around without hard hats or neon vests gives it away

Maybe just taking advantage of the Oceanwide construction site as the background for footage.

I wonder what they are filming there...

DownTown Giant · #**10307** Posted **May 6, 2021, 8:49 PM**

"The Tower Oversight"

nmkef · #**10308** Posted **May 7, 2021, 12:47 AM**

I walked by, it's "9-1-1", some Fox TV show about first responders. They were doing some other filming just down the block at the Hudson Loft building a week or so ago.

caligrad · #**10309** Posted **May 8, 2021, 3:16 AM**

https://www.livabl.com/2021/02/dtla-...-pandemic.html

Speaking of the randomness of Oceanwide. This is the 3rd article I've read that has this fantasy that Oceanwide will be online by the end of the year. Seeing how we are already near the halfway point, HIGHLY unlikely. I wish somebody would come in and just buy it already. Apparently Oceanwide is selling at steep/deep discounts in the category of 100s of millions. Maybe ONNI can step in. The towers fit the higher end of their portfolio HAHA.

colemonkee · #**10310** Posted **May 8, 2021, 6:05 PM**

^ That same article also states that the Brookfield tower on 8th Street will open this year, which we all know is not the case. The level of journalism on some of these sites is laughable.

bhunsberger · #**10311** Posted **May 9, 2021, 6:37 AM**

Quote:

Originally Posted by caligrad

https://www.livabl.com/2021/02/dtla-...-pandemic.html

Speaking of the randomness of Oceanwide. This is the 3rd article I've read that has this fantasy that Oceanwide will be online by the end of the year. Seeing how we are already near the halfway point, HIGHLY unlikely. I wish somebody would come in and just buy it already. Apparently Oceanwide is selling at steep/deep discounts in the category of 100s of millions. Maybe ONNI can step in. The towers fit the higher end of their portfolio HAHA.

Honestly though. Onni seems to be going full steam ahead when it comes to investing in downtown and they have shown they can follow through. If they could get a good deal, I bet they would be open to it! Who wouldn’t if they had the funding? Oceanwide & Broadway Trade Center are two massive projects with tons of retail space that could really make a huge difference is their respective locations, but both are stalled. It’s a damn shame!

scania · #**10312** Posted **May 9, 2021, 3:34 PM**

Quote:

Originally Posted by bhunsberger

Honestly though. Onni seems to be going full steam ahead when it comes to investing in downtown and they have shown they can follow through. If they could get a good deal, I bet they would be open to it! Who wouldn’t if they had the funding? Oceanwide & Broadway Trade Center are two massive projects with tons of retail space that could really make a huge difference is their respective locations, but both are stalled. It’s a damn shame!

Totally agreed!!!

IMBY · #**10313** Posted **May 9, 2021, 3:37 PM**

Quote:

Originally Posted by 202_Cyclist

Certainly, many homeless are suffering from addiction and mental illness. California's housing is simply unaffordable for many residents, however, and Eric Garcetti seems like he has done a good job encouraging more housing in Los Angeles.

California’s housing market smashed another record. Here’s how much it costs to buy a home
https://www.sacbee.com/news/politics...250907379.html

I thought Biden was going to do a ruling, executive order?, to ban single family zoning across the country, which would greatly, greatly help L.A. which is, I believe, still 72% zoned for single family homes. It would be a boon to the construction business, and help allay the homeless issue.

Minneapolis did away with single family zoning last year, and if you get on the Minneapolis site you'll see, perhaps, a 3-plex or 4-plex rising right next to a single family home in south Minneapolis.

caligrad · #**10314** Posted **May 9, 2021, 6:32 PM**

^^^ Unfortunately that move would be dead on arrival and political suicide. What makes sense in LA may look ridiculous in Montana and the Dakotas.

The problem with LA specifically is that city leaders have put up miles and miles and miles of red tape to get anything built and are now on TV saying "we don't know why we have a housing shortage". Its an easy fix that the city could tackle with a few swipes of a pen and a ballot measure. We saw how good the adaptive reuse ordinance was. Cut all the red tape, up zone the hell out of the downtown loop, Earthquake/fire standards meet? give it the green light. Easy. Instead, everything must travel through city hall at a snails pace for no reason unfortunately.

Quote:

Originally Posted by bhunsberger

Honestly though. Onni seems to be going full steam ahead when it comes to investing in downtown and they have shown they can follow through. If they could get a good deal, I bet they would be open to it! Who wouldn’t if they had the funding? Oceanwide & Broadway Trade Center are two massive projects with tons of retail space that could really make a huge difference is their respective locations, but both are stalled. It’s a damn shame!

I think I read somewhere that the Broadway Trade Center just got a new life line of funds recently. Totally agree, Onni needs to put Oceanwide in their portfolio, its nearly complete with at most maybe a year left of construction. Would be a great move for them if the asking price is 500-750 million. That's a steal.