Dowtown LA

Downtown LA: New Wilshire Grand Design Released

Keep your eyes out for the new Wilshire Grand appearing in the downtown Los Angeles skyline.  The tower is expected to be approximately 1,100 feet tall (100 feet taller than downtown Los Angeles’ current tallest building, the US Bank tower) and to be completed in 2017 (looks like I have a few years before I have to update my website photos).  The new Wilshire Grand is expected to add 900 hotel rooms and 400,000 square feet of office space to downtown Los Angeles.  For comparison, the JW Marriot Hotel and Ritz Carleton, the first skyscraper built in downtown in two decades, added approximately 1,000 hotel rooms in 2010.

Check out their website for more information: http://www.wilshiregrandcenter.com/the-new-wilshire-grand

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Downtown LA real estate investors, things are not looking good for a NFL team in South Park.

 

 

Curbed reports that bets are currently on a NFL team going to Dodger Stadium instead of by the Staples Center due to the pending sale of AEG and the downtown improvements required as a condition to funding Farmer’s Field.   The word on the streets is that the NFL essentially ruled out a move for next season, so no matter what, LA won’t get a team until at least 2014.

Sorry South Park.  At least the downtown trolley looks promising!

http://la.curbed.com/archives/2013/01/football_teams_seem_nervous_about_moving_to_downtown_la.php

 

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