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  #8361  
Old Posted May 18, 2017, 3:32 AM
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Originally Posted by LosAngelesSportsFan View Post
I agree 100%. i have been patiently waiting for this one to break ground. They have considered everything and i hope the NIMBYS dont fuck this up. This is exactly what we need more of in LA's dense and transit rich areas
I agree. Its a great proposal. I think that the proximity to transit however is a stretch - I drive through that area enough and traffic is as bad as it ever has been. If you are talking about the bus and red line, I doubt anyone living in this would use either unfortunately.

Should help pedestrian life in that area a lot though
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  #8362  
Old Posted May 19, 2017, 5:55 PM
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Originally Posted by slock View Post
I was on Highland this weekend and noticed the site had been cleared and there was heavy equipment present.

Is this breaking ground out of left field?

https://la.curbed.com/2013/3/16/1026...to-hollywood-1
Drove by there last night and the only heavy equipment on site was a couple of double decker tour buses.
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  #8363  
Old Posted May 24, 2017, 10:25 PM
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Los Angeles FC plans to construct its training facility and headquarters at Cal State LA, apparently on the northern end of campus. Looks like some global superstars will be in the market for prime real estate downtown or in the SGV.

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LAFC ANNOUNCES PLANS TO ESTABLISH SOCCER TRAINING FACILITY AT CAL STATE LA

LAFC unveiled a proposal to locate its soccer operations headquarters and training facility on the eastside of Los Angeles, at the campus of Cal State LA. Plans for the new facilities were approved today by the California State University Board of Trustees.

“Cal State LA is the perfect home for our team, and this plan affirms our commitment to building our future with the youth of Los Angeles,” said LAFC Club President and Owner Tom Penn. “We look forward to developing world class players and talent for decades to come at Cal State LA, which has a history of elevating the communities it serves.”

The plans call for LAFC to invest $30 million to renovate Cal State LA’s stadium field and construct a state of the art training facility that will serve as home to the Club’s MLS players, staff, coaches and youth development team LAFC Academy. LAFC will also support Cal State LA students through internships and collaborations with university educational programs.

“This project will create a great deal of excitement on our campus and will connect Cal State LA to partners who share a commitment to our students,” said Cal State LA President William A. Covino. “The benefits of this partnership to Cal State LA and the region we serve will surely multiply over time.”

The new training site and practice facility designed by Gensler Sports will feature a natural grass practice field exactly mirroring that of Banc of California Stadium, locker rooms, sports medicine facilities, office space for LAFC coaches and staff and will be completely financed by LAFC. The two-story training facility will incorporate the campus’ industrial and modernist design style. Hunt Construction Group will serve as the construction management company on the project.

“This training facility is unparalleled and uniquely Los Angeles,” said LAFC General Manager and EVP of Soccer Operations John Thorrington. “The building itself incorporates innovative indoor-outdoor spaces and is unlike anything I’ve seen the world over. Any player will love to train at this world class facility. The central location is ideal for our Academy programming, and our ownership’s investment enables us to align our soccer operation from LAFC’s MLS team to our Academy.”

“Cal State LA has long sought to improve vacant space at the northern portion of its campus,” said Cal State LA Executive Vice President Jose Gomez. The LAFC partnership will also create new academic and career opportunities for kinesiology, nursing, and business students, among others. LAFC is also helping Cal State LA develop a new sports management program.

“From the beginning, our ownership has been intentional about uniting the world’s city through the world’s game, and this partnership provides yet another deep and lasting connection in the heart of our great city,” said LAFC General Manager and EVP of Soccer Operations John Thorrington. “We are proud to be making this investment to benefit both the students of Cal State LA and the future of LAFC.”

“LAFC is our educational partner, not just a professional soccer team,” Gomez said. “They’ve shown a commitment to the heart of the city, and Cal State LA’s students will benefit.”

Along with building its practice facility at Cal State LA, LAFC has pledged an additional $1.5 million to the University, which comes on the heels of a $100,000 contribution it made to the Cal State LA athletic department last fall.
https://lafc.com/lafc-announces-plan...-cal-state-la/

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  #8364  
Old Posted May 26, 2017, 5:23 PM
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  #8365  
Old Posted May 26, 2017, 5:25 PM
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Absolutely lovely!
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  #8366  
Old Posted May 27, 2017, 6:40 PM
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Well well, here's a Saturday shocker for you- fencing has gone up around the entirety of the House of Blues project site on Sunset Blvd, including the buildings to the south down the hill.

AECOM capital is listed on the signage indicating they probably have financing in place. Hunt Construction (Owned by AECOM now it appears) also mentioned presumably as the GC with a December 2019 completion date. Looks like this one is a go!

http://eyrc.com/work/sunset-time

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  #8367  
Old Posted May 27, 2017, 8:43 PM
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Excellent. Thanks for letting us know
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  #8368  
Old Posted May 30, 2017, 4:13 PM
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https://therealdeal.com/la/2017/05/3...-tune-of-240m/

The Children’s Investment Fund (TCI), a U.K.-based hedge fund, is providing a $239 million construction loan for the Four Seasons Private Residences project near Beverly Hills, The Real Deal has learned.
The financing allows developer Genton Property Group and its partner Alcion Ventures to begin construction on the 58-unit luxury building, at 9000 W. Third Street. Genton CEO Jonathan Genton said he secured the loan based on more than $147 million in combines sales contracts and reservations for the units.
Securing capital during a drought in new development financing was a challenge, Genton said. Over the past year, banks have been cutting down their luxury condo construction lending, with some even stepping away from the market altogether amid concerns of a supply glut.
“There are a lot of people trying to get debt today,” Genton said. “It’s challenging — probably even more so in L.A. than in New York for projects of this calibre.”
While buyers had already reserved units at the luxury project, construction could not commence until the loan was secured, Genton said.
“It was critically important to our investors and international pool of buyers that we eliminated every obstacle before beginning primary construction,” he said. “While today’s challenging lending and regulatory environment pushed back out initial ambitious timeline, we are now moving full-steam ahead.”
Genton said he had shied away from deals that would have required him to bring on multiple lenders.
“We considered it, but if you open yourself up to club deals or mezzanine, everything gets a lot more complicated,” he said.
TCI, which donates a large share of its profits to its eponymous charity, has been an active lender on luxury condominium projects in New York. The fund ponied up $400 million for developer Harry Macklowe’s 432 Park Avenue and $600 million for Silverstein Properties’ Four Seasons-branded condo and hotel at 30 Park Place, both in Manhattan. It also put up $450 million for the Zeckendorf brothers’ 520 Park Avenue.
Genton said the loan for his West L.A. project was small by the fund’s standards. “They typically do only giant loans,” he said, adding that TCI may have been interested in aligning itself with the Four Seasons brand again. A spokesperson for the fund was not immediately available for comment.
HFF brokered the deal with TCI.
Genton is planning to ask as much as 50 percent more for his units than other condo buildings in the neighborhood, including other hotel-branded condos like the Montage and the celebrity hot spot Sierra Towers. The development has been in the works since 2008, when Genton acquired the site, and it was approved in 2009 by the City Council. But it’s faced a series of obstacles since then, including community opposition to its height and a battle with the owners of the Four Seasons Hotel next door.
The 9,000-square-foot penthouse, which comes with a private six-car garage, could become the most expensive condo ever sold in L.A., Genton predicted, though he declined to comment on its asking price.
The project is expected to be completed in two years.
Tags: Children’s Investment Fund, Four Seasons Private Residences, Jonathan Genton
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  #8369  
Old Posted May 30, 2017, 4:19 PM
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  #8370  
Old Posted May 30, 2017, 11:07 PM
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Has there been any news on Millennium Hollywood?
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  #8371  
Old Posted May 31, 2017, 4:18 PM
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Originally Posted by Steve8263 View Post
Well well, here's a Saturday shocker for you- fencing has gone up around the entirety of the House of Blues project site on Sunset Blvd, including the buildings to the south down the hill.

AECOM capital is listed on the signage indicating they probably have financing in place. Hunt Construction (Owned by AECOM now it appears) also mentioned presumably as the GC with a December 2019 completion date. Looks like this one is a go!

http://eyrc.com/work/sunset-time



http://urbanize.la/post/west-hollywoods-sunset-time-hotel-scheduled-open-2019
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  #8372  
Old Posted Jun 6, 2017, 5:20 PM
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Good to see development moving to this area of LA

https://la.curbed.com/2017/6/6/15722...king-phase-one

Jordan Downs redevelopment: Construction finally starts on ‘beautiful new’ apartments
The public housing complex will be transformed—but some residents are still uncertain about the future
BY JENNA CHANDLER@JENNAKCHANDLER JUN 6, 2017, 8:45AM PDT
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A rendering of the type of housing that will be built on Century Boulevard. Renderings courtesy of Bridge Housing
To the beat of the the David Starr Jordan High School drum line, city leaders and developers plunged shovels into dirt off 99th and Laurel in Watts on Monday afternoon, ceremoniously marking the start of construction to rebuild Jordan Downs.

In the first phase of this massive makeover, the city of Los Angeles and developer Bridge Housing will erect 115 apartments next to the neglected public housing complex in South Los Angeles, where thousands of the city’s poorest residents live.

“We’ve got a housing crisis. We need to build more units, and that starts right here, right now, today,” said Los Angeles Mayor Eric Garcetti. “Current Jordan Down residents will be able to move into these beautiful new residences ... and we’re not just building more housing, we’re building a community.”

Built for factory workers during WWII, Jordan Downs was converted to low-income housing in the 1950s. It weathered the crack cocaine epidemic and gang warfare that decimated South LA but has been neglected for years. Today, it’s almost barren of landscaping, an “island,” as described by Garcetti, of dilapidated stucco buildings separated from the rest of Watts; its nearest grocery store, a Food 4 Less, is 1 mile away.


City officials said that will change.

Their goal is to create a mixed income, “vibrant urban village.” Fully built, it will be comprised of at least 710 new apartments and townhomes, 9 acres of green space, and a community center that Los Angeles City Councilmember Joe Buscaino hinted Monday may be designed by a “world recognized” architect. There will also be a grocery store and shops and restaurants on Alameda Street and Century Boulevard, which will be extended by a half-mile to connect Jordan Downs to the rest of the neighborhood.

Garcetti said they are building a “new main street” for Watts, so money will be kept local in black- and Latino-owned businesses.

City officials said residents will not be displaced during construction—and they’ll have new job opportunities, with 30 percent of the construction workforce coming from Watts.

The first 115 units will be reserved for tenants who earn 50 percent or less than Los Angeles County’s median income, which is $64,30 this year. Of those units, 72 will be reserved for current residents, and their rents will not increase, according to Jenny Scanlin, director of development at the Housing Authority of the City of Los Angeles.

“There will be no change in how much they pay,” she said. “It’s still hard for them to believe.”


Aerial view of the first phase of the rebuilding of Jordan Downs. Renderings courtesy of Bridge Housing
Jordan Downs opened without fanfare in 1955. While the mood was celebratory at Monday’s groundbreaking, behind the scenes, residents are nervous, said Thelmy Perez, coordinator at the nonprofit LA Human Right to Housing Collective, which works directly with Jordan Downs residents.

“There’s a sense of uncertainty,” she said.

That’s in large part because of concerns over soil contamination on the 20-acre swath where the first phase of redevelopment will be built. For about six decades, it was used for steel manufacturing and metal processing, then by a trucking company that stored engine oil, diesel, gasoline, and paint thinner on the property, according to the California Department of Toxic Substances Control.

In 2011, according to KPCC, three years after the city purchased the land, the soil tested positive for toxins that can cause cancer, including lead, arsenic, cadmium, and polychlorinated biphenyls.

In January, after the city removed hundreds of thousands of tons of soil from the site, state regulators concluded the area where the 115 homes will be constructed had been adequately cleaned up and did not “contain chemicals at concentrations which would could pose a risk” to future residents.

Perez says residents are worried about toxins that have seeped into old Jordan Downs.

Lead concentrations from 14 of 30 samples taken from Jordan Downs three years ago exceeded the California Human Health Screening Level for residential properties. State regulators, however, issued a decision that, “no further action was necessary,” because the levels were, “similar to those found in urban areas of Los Angeles.”


Since then, residents have pressed for more sampling. Their fears were heightened this spring when the Los Angeles Unified School District filed a lawsuit against the housing authority in an effort to get it to pay for a three-year clean-up of lead and arsenic from soil at neighboring David Starr Jordan High School.

“Some of our own investigation showed that the very identical contamination at the property had spread ... onto the high school property,” attorney Barry Groveman told the Los Angeles Times.

According to the Times, the lawsuit claims the housing authority told the school district in 2016, “that it would not investigate contaminant levels beyond its property line because such an investigation could put potential federal funding [for the redevelopment project] at risk.”

Perez says Jordan Downs residents who are concerned about contamination are hesitant to move out in order to protect their health, because they would lose their spots in the new development.

“They have been given a guarantee that they can move into one of those new units, but the caveat is that they’re not allowed to temporarily leave during construction,” she said.

“We don’t want to stop the development. We believe people should have beautiful, clean housing. But if residents are getting sick while development is happening, they should have the ability to move out and come back when it’s ready,” Perez said.

Speaking through a translator to the crowd gathered for Monday’s groundbreaking, Amanda Valle, president of the Jordan Downs Resident Advisory Council, was only enthusiastic. She recalled that about two years ago, a reporter asked her what her vision was for Jordan Downs.

He chuckled, she said, when she told him that she dreamed of Jordan Downs becoming “something like Santa Monica.”

“This dream today is a reality,” Valle said.
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  #8373  
Old Posted Jun 6, 2017, 5:47 PM
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^ Truly great news. Especially for Jordan Downs. Hopefully, everyone will be able to live harmoniously.
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  #8374  
Old Posted Jun 7, 2017, 5:53 PM
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1601 Vine by Hunter, on Flickr

Blvd 6200 by Hunter, on Flickr

Blvd 6200 by Hunter, on Flickr

Westlake to Koreatown by Hunter, on Flickr
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  #8375  
Old Posted Jun 8, 2017, 8:07 PM
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  #8376  
Old Posted Jun 8, 2017, 9:06 PM
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^ Looks kinda bland, but I suppose it all depends on what materials they end up using. It would be nice if some of these developers reached a little higher in terms of aesthetics.
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  #8377  
Old Posted Jun 8, 2017, 9:17 PM
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Yeesh. This looks like it was plucked right out of 1958. I know it's a rehab of a old office building but at least try to make it look contemporary.
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  #8378  
Old Posted Jun 12, 2017, 9:12 PM
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  #8379  
Old Posted Jun 12, 2017, 11:30 PM
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Now that's the kind of design I want to see in DTLA. Gensler is so hit and miss.
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  #8380  
Old Posted Jun 13, 2017, 12:47 AM
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I like the Vermont development but 1,700 parking spaces right near the subway station? Ugh. At least the stand alone parking garage could be demolished later.
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