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  #41  
Old Posted Jan 6, 2018, 8:14 PM
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Love it! Kinda love the ambition of L.A. and Edmonton right now in terms of building huge new downtown city within a city developments around mixed-used arenas... To me it's the new model for all future NHL/NBA projects... Yes build a downtown arena, but also make sure it's lively 24-7 and THE hub of city centre...
Yeah, and this on being so tall will really stretch downtown LA. Dallas had a great boom around the American Airlines Center as well.
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  #42  
Old Posted Feb 6, 2018, 9:25 PM
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Any word on a groundbreaking for this monster?
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  #43  
Old Posted Feb 19, 2019, 6:53 PM
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  #44  
Old Posted Feb 20, 2019, 12:23 AM
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^ Construction is not expected to start until 2020.
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  #45  
Old Posted Feb 20, 2019, 8:55 PM
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This is a skyline stretching building! It will bring the LA Live developments closer to the other buildings along Fig.
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  #46  
Old Posted Feb 20, 2019, 8:59 PM
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Originally Posted by colemonkee View Post
^ Construction is not expected to start until 2020.
Next year isn't so bad considering near 300 meters is huge news for LA, this city is so long overdue for development, if even a few of the new projects go through the skyline is going to look insane.
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  #47  
Old Posted Feb 28, 2019, 4:39 PM
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^^^ I'm a little confused by this lol "Long overdue".....Its been pretty consistent the last few years....Unless you're referring to something this tall then yes.
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  #48  
Old Posted Mar 1, 2019, 10:45 PM
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Reminds me of the NY Times building....I think this one is really going to be beautiful, and will stand out...

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  #49  
Old Posted Jan 18, 2020, 2:42 PM
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Anything happening with this project? last post (before me today 01/18/2020) march 1 2019 and then silence. Hello? anyone there?
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  #50  
Old Posted Jan 18, 2020, 4:56 PM
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Anything happening with this project? last post (before me today 01/18/2020) march 1 2019 and then silence. Hello? anyone there?
No, surely the nerds of SSP would have posted something were that the case

I think Angels Landing or 333 Figueroa have had more recent news.

The proposal to actually built ratio in LA is terrible compared to other US cities, as cool as this would be I wouldn't hold my breath.


I couldn't find much about the developer, just this vague excerpt from the original article

Quote:
Two years ago, Regalian, based in Glendale, filed plans for the project. Regalian is controlled by Justin Leong, who appears to be tied to the founder of Genting Group, a massive Malaysian conglomerate that operates casinos, resorts and energy businesses. The Real Deal was unable to confirm the exact relationship.
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  #51  
Old Posted Feb 23, 2021, 4:05 AM
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Was this project canceled?

The towers diagram page says it was canceled

http://skyscraperpage.com/diagrams/?buildingID=113282
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  #52  
Old Posted Feb 23, 2021, 3:04 PM
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Originally Posted by CrazyCres View Post
Was this project canceled?

The towers diagram page says it was canceled

http://skyscraperpage.com/diagrams/?buildingID=113282
Not sure we've had any official word regarding this but it wouldn't be surprising.
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  #53  
Old Posted Feb 23, 2021, 5:04 PM
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  #54  
Old Posted Feb 23, 2021, 5:39 PM
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The Project was canceled back in August.

https://planning.lacity.org/pdiscase...e8558211cd/pdd
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  #55  
Old Posted Feb 23, 2021, 6:44 PM
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CYA Paperwork like that doesn't mean a project is cancelled. The same developer can revive it or sell the land and another developer could reapply to build something. But this is shelved and won't rise anytime soon. No investors will put down money for luxury hotel/residential in LA on this scale when there are sporadic covid lockdowns and other issues.

There's only two major residential/hotel projects in the Downtown area under construction right now both of which have been long term projects prior to covid, Gehry's The Grand and Brookfield's 755 Fig. Onni seems bullish so Mirror Times Square might start up, but won't be delivered for several years.
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Last edited by Hudson11; Feb 23, 2021 at 7:01 PM.
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  #56  
Old Posted Feb 24, 2021, 3:24 AM
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Originally Posted by Hudson11 View Post
CYA Paperwork like that doesn't mean a project is cancelled. The same developer can revive it or sell the land and another developer could reapply to build something. But this is shelved and won't rise anytime soon. No investors will put down money for luxury hotel/residential in LA on this scale when there are sporadic covid lockdowns and other issues.
I'd predict that it'll be sold to another developer, since this one doesn't seem to have any background or experience whatsoever. Not sure how likely starting out their development portfolio with a near 1K foot building is, seems like a stretch.

Quote:
There's only two major residential/hotel projects in the Downtown area under construction right now both of which have been long term projects prior to covid, Gehry's The Grand and Brookfield's 755 Fig. Onni seems bullish so Mirror Times Square might start up, but won't be delivered for several years.
8th and Fig and Pico & Fig are both U/C to my knowledge and both 500+. So in total there are currently 4 500+ U/C downtown, one of which is about 700', not to bad for LA during covid honestly

Onni would be awesome, I think they're trying to have Angel's landing by the 2028 Olympics too. Hopefully post Covid some of the other big boys start up.
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  #57  
Old Posted Feb 24, 2021, 4:31 AM
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Originally Posted by Zapatan View Post
I'd predict that it'll be sold to another developer, since this one doesn't seem to have any background or experience whatsoever. Not sure how likely starting out their development portfolio with a near 1K foot building is, seems like a stretch.



8th and Fig and Pico & Fig are both U/C to my knowledge and both 500+. So in total there are currently 4 500+ U/C downtown, one of which is about 700', not to bad for LA during covid honestly

Onni would be awesome, I think they're trying to have Angel's landing by the 2028 Olympics too. Hopefully post Covid some of the other big boys start up.
Yes, both are under construction.
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  #58  
Old Posted Feb 24, 2021, 4:35 AM
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^ ah, shows what I know.
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  #59  
Old Posted Mar 26, 2021, 11:35 PM
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There was an expose on this project in Therealdeal recently but it's behind a paywall.

https://therealdeal.com/2021/03/11/p...what-happened/
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Last edited by Hudson11; Mar 27, 2021 at 2:59 AM.
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  #60  
Old Posted Mar 27, 2021, 12:17 AM
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Originally Posted by Hudson11 View Post
There was an expose on this project in Therealdeal recently but it's behind a paywall.
Probably just something along the lines of "Shady business happened, project is no longer..."

I am curious to know the details / who they're going to sell the property to, if they know that already.
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