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Gehry Living in a Material World
The Grand Avenue project, the most ambitious mixed-use development initiative in downtown Los Angeles in a generation, is facing substantial cost overruns, and the project's architect, Frank Gehry, is working feverishly to bring them into line. NYT
2 Comments
i can already see they are putting out vibes on scrapping the portion of affordable units which were necessary permit requirements. not that they are many or affordable.
it is a typical real estate move with two towers of condos with gehry candy mall park infill.
eli broad said that 15 years ago he was going to connect staples/convention center with bunker hill and he shifted his suburban developer holdings, i believe around that time.
this was when the good eli, the benefactor of los angeles moving to downtown territory and pushing for giant permits.
i am not saying no. it is just another sellers idea of public space. frank gehry is a perfect architect for it. he knows the territory, climate and if necessary he can design parts of the big one with ordinary 2 x 4's and they would be beautiful to joe public and possibly to many architects. at this point, more you cut out fog's budget, you'd get a better building.
It seems that many "affordable" projects have lost their intent. Legorreta did something similar in Santa Fe. It is really beautiful housing, 11 units were to be sold for less than $110,000, but the market is brutal and the two available for sale at the time of our visit were going for close to $450,000. The average income in Santa Fe is $45,000. What these developers/architects/municipalities need to do is start capping prices - Saw Mill District & Saw Mill Lofts. Of course, i wasn't impressed with the actual construction of the Saw Mill Lofts, so a price comes with this too.
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