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By the end 2025, Refik Anadol will open a new venture called DATALAND at The Grand in downtown LA. The leading name in artificial intelligence and digital art, Anadol, announced the venture via its YouTube account, adding in a press release that Los Angeles was the "perfect city" for his vision of... View full entry
Multiple new bids to takeover the unfinished Oceanwide Plaza complex in downtown LA were reported last week in what could be a positive sign for its future. As per connectcre.com's reporting, an auction has been scheduled for “mid-September.” The update comes after months of speculation... View full entry
The Los Angeles City Council moved to finalize plans for the long-awaited expansion of the Los Angeles County Convention Center in downtown. Populous will be leading the design work for the project, which includes a landscaped component from OLIN as was previously reported in March of 2022. ... View full entry
With a potential fire sale of the residential, hotel and retail project approaching, a far more complex and expensive question looms over one of the region’s all-time real estate catastrophes: Can it be saved from the wrecking ball? — LA Times
With the fate of LA’s graffiti-tagged Oceanwide Plaza in the balance, the LA Times' Roger Vincent looked into the lack of viable options, finding several CRE experts’ opinions that simply "it’s not worth the risk" trying to "fix" the currently 60% complete three-tower development. This... View full entry
The Chinese owners of the stalled residential, hotel and retail complex towering over Crypto.com Arena have hired real estate brokers to sell the property to buyers who could restart the project after work stopped in 2019. Taggers recently covered its outer walls with graffiti visible from far away. — LA Times
The LA Times also reports the brokerage firm Colliers to have submitted an application estimating the property’s current value at $485 million and stating it is still just 60% completed. Another $865 million would be required to finish the block-scale development designed by CallisonRTKL. Some... View full entry
Frank Gehry has provided some interesting comments to the LA Times to coincide with last week’s groundbreaking of the new Colburn Center in downtown Los Angeles, a vital lynchpin for the city’s post-COVID economic rebound. Speaking on the record for an article to the paper’s business... View full entry
Work on Frank Gehry’s new Colburn School expansion has commenced in downtown Los Angeles toward its eventual completion after Q1 2027. His firm Gehry Partners celebrated the groundbreaking with school officials last Friday, April 5th, in sight of his previous Walt Disney Concert Hall... View full entry
Big news for architecture and art fans alike coming out of Los Angeles today, where The Broad just announced plans for a major expansion project to the tune of $100 million. The reveal of the new proposal, which will reportedly increase the available gallery space by 70%, comes nearly ten years... View full entry
The contested plan to build an aerial gondola tram line from downtown LA to Dodger Stadium has been placed on hold after city council members voted last week to halt the Los Angeles Aerial Rapid Transit (LA ART) for the time being. Local outlet ABC 7 was first to report on the council’s decision... View full entry
The New York Times has entered the debate surrounding LA's troubled Oceanwide Plaza development this week after social media and the outside press tied its celebrity status to the neglect of downtowns, housing rights issues, and their relationship to developer capitalism. The Times piece... View full entry
The LA Metro Board of Directors has given their final go-ahead for a controversial gondola project in Los Angeles that would offer an alternative transportation route from downtown Union Station to Dodger Stadium to baseball fans by the start of the 2028 Summer Olympics. The board voted... View full entry
An official groundbreaking date for Gehry Partners' $335 million Colburn School campus expansion has been set in downtown Los Angeles nearly six years after the project, now dubbed the Colburn Center, was announced in unison with collaborators Nagata Acoustics and TheaterDNA. Site preparations and... View full entry
City Council Members in Los Angeles have issued a mandate to owners of the graffiti-tagged Oceanview Plaza development in Downtown to remove the artwork weeks after its unfinished exterior became a national news item and the latest flash point in a debate over the citywide housing crisis that has... View full entry
The project, slated for a property at 670 Mesquit Street, would include four buildings on a site stretching between 6th and 7th Streets creating more than 800,000 square feet of offices, 420 homes, ground-floor commercial uses, and a 236-room hotel. That last component of the project is the subject of a new motion introduced on August 16 by 14th District City Councilmember Kevin de Leon. — Urbanize Los Angeles
The motion, which was referred to the Los Angeles City Council’s Trade Travel and Tourism Committee for consideration, states that Vella Group, the developer behind the Bjarke Ingels Group-designed 670 Mesquit Street project, is seeking financial assistance from the city for the completion of... View full entry
A record-breaking supportive housing development in the overburdened Los Angeles market is one step closer to completion this week after AXIS/GFA Architecture + Design’s new 19-story Weingart Center Tower 1 project topped out near Skid Row. Once completed, the development will provide a total of... View full entry
