A Los Angeles megamansion once expected to list for $500 million has gone into receivership after the owner defaulted on more than $165 million in loans and debt, according to court filings. The 105,000-square-foot Bel Air estate, known as “The One,” was placed into receivership by the Los Angeles County Superior Court and is expected to be relisted at a lower price in the coming months, according to people familiar with the property. — CNBC
In July, the Los Angeles County Superior Court named Ted Lanes of Lanes Management as receiver, who is now tasked with preparing "The One" for sale and selling it to recoup debts owed to lenders. The megamansion is expected to be listed on the market in the coming months once Lanes secures the... View full entry
An opening date has been set for the long-anticipated M+ Museum in Hong Kong after years of delays. The $750 million project from Herzog & de Meuron is being heralded as Asia’s largest and most significant center for contemporary visual art and was seen as the centerpiece of Hong Kong’s West... View full entry
Not only is historic preservation critical in maintaining the integrity of our urban fabric, it also offers one of the most effective means of reducing the carbon footprint of the architecture industry. To learn more about the importance and role of preservation architects, Archinect... View full entry
As part of a concert series meant to promote the group’s first album release in 40 years, legendary Swedish pop group ABBA is pairing with one British architecture firm for a new 3,000-capacity concert venue nestled into a space originally designed for the 2012 Olympic games. The band... View full entry
Owners of London's Grenfell Tower are expected to announce later this month that the tower will be demolished due to safety concerns. This decision comes more than four years following the fire that claimed the lives of 72 people. UK housing secretary, Robert Jenrick, has been notified... View full entry
In case you haven't checked out Archinect's Pinterest boards in a while, we have compiled ten recently pinned images from outstanding projects on various Archinect Firm and People profiles. Today's top images (in no particular order) are from the board Wood. Tip: Use the handy FOLLOW feature to... View full entry
A spiraling new supertower hopes to grace one of Tanzania’s most spectacular coastal islands thanks to an ambitious, albeit repurposed design from Dubai-based firm xcassia. Taking its design from a set of dominoes, the proposed 70-story tower will inhabit a manmade island on the Zanzibar... View full entry
Kanye West built a replica of his boyhood home for his show last week at Soldier Field because the city denied him permission to move the real thing. — Chicago Sun Times
For the Chicago stop of his DONDA listening tour, West built a replica of his childhood South Shore home with the addition of a cross on top, that sat in the center of Soldier Field. As reported by the Chicago Sun Times, the home “served as a dramatic centerpiece as dancers dressed in SWAT gear... View full entry
No other city has understood its connection to mobility the way Los Angeles has. There’s a longstanding view that the city is most legible through motion. You read it by moving through it. — Architectural Record
Christopher Hawthorne, LA Mayor Garcetti's architecture czar, and previous LA Times architecture critic categorize the city's problems into two groups. One is housing, housing, and housing. The other is housing, mobility, and equity.In the interview, these challenges are explained and some... View full entry
OMA New York have released an update on their Audrey Irmas Pavilion taking shape in Los Angeles, California. The scheme, designed for the Wilshire Boulevard Temple, is OMA’s first cultural building in California, and the first religious institution building in the firm’s portfolio. Image by... View full entry
New York City has surpassed San Francisco as the most expensive apartment rental market in the country. According to August rental data from Zumper, an apartment listing company, San Francisco has fallen behind New York in median one-bedroom rent, with New York at $2,810 and San Francisco at... View full entry
A dramatic new statement about the arc and future of public housing developments is coming to Bavaria’s third-largest city thanks to a Dutch firm with a reputation for innovative design in the typology. MVRDV unveiled its concept earlier this month for an exhibition pavilion that will be part of... View full entry
ICON has released photographs of their completed multi-family homes in Austin, Texas which make use of 3D printed construction methods. The four homes, situated in East Austin, were built for Kansas City developer 3Strands, and designed by Logan Architecture. Image via ICON The ground floors of... View full entry
The latest addition to South America’s burgeoning contemporary art scene is almost set for its debut after a two-year-long construction process that will give the continent what is likely to be its first artist-designed museum in the form of the new Museo Arte Contemporaneo Atchugarry (MACA)... View full entry
Video shot Monday morning shows New Orleans’ historic Karnofsky Shop was destroyed by Hurricane Ida Sunday. [...]
The site, located on South Rampart Street, is where Louis Armstrong played jazz music and briefly worked. It’s listed on the National Register of Historic Places.
— WGNO New Orleans
The two-story brick building in New Orleans’ Central Business District has stood vacant for decades and was considered a hallmark of both Jazz history and Jewish culture within the Crescent City. The Karnofsky family, which purportedly loaned Louis Armstrong the money to buy his first cornet... View full entry