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  #101  
Old Posted Sep 3, 2014, 11:06 PM
112597jorge 112597jorge is offline
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Quote:
Originally Posted by blackcat23 View Post
http://www.mingtiandi.com/real-estat...er-debt-grows/

Oceanwide Real Estate Sells $320M Bond as Developer Debt Grows

200 million seems too cheap to build a project on the scale of LA Live, I wonder if it has shrunk, i hope not.
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  #102  
Old Posted Sep 4, 2014, 1:05 AM
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The $200 million was for the land, the development rights, and the designs. Construction costs will be above and beyond the $200 million.
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  #103  
Old Posted Sep 4, 2014, 1:20 AM
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I wouldn't worry about the project shrinking.

Oceanwide Group has finally started working on construction permits with LADBS, and it looks like they're going forward with the exact same project as before.

Two towers (53 stories and 38 stories), eight-story podium, ground floor retail, restaurant, health club. Massive ten-level parking garage (three floors below grade).

Some other vague information we've seen does indicate that they're going to build the project in two phases though. So perhaps the $320 million is only intended for one of the two buildings.
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  #104  
Old Posted Sep 4, 2014, 5:08 AM
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I've been a member for nearly 10 years. LA is FINALLY getting the kind of development it has needed. I'm so excited for the future of the area.
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  #105  
Old Posted Oct 1, 2014, 4:20 PM
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From the Central City thread:

Quote:
Originally Posted by ziggy331 View Post
Just got an email about a meeting later this month regarding the Fig Central project. Here is the revised project description:

Quote:
The Figueroa Central project will bring nearly 1.5 million square feet of new mixed-use development to the Los Angeles Sports and Entertainment District. The project will transform an entire 4.6 acre city block and provide much needed hotel rooms, residential units, and retail for Downtown LA. The project includes a 183-room five-star hotel, 504 residential units, and close to 170,000 square feet of commercial and retail space in a 7-story podium anchoring three high-rise towers. The hotel and retail will support the Convention Center and the project overall will provide a transitional connection between the Sports and Entertainment District and South Park.
Looks like the design may have changed?
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  #106  
Old Posted Oct 2, 2014, 2:59 AM
Flavius Josephus Flavius Josephus is offline
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Originally Posted by blackcat23 View Post
From the Central City thread:
As I noted on the Central City thread, there are LADCP filings that would seem to confirm this. No change in sq ft, but 3 towers and fewer (so presumably larger) condos.
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  #107  
Old Posted Oct 18, 2014, 8:11 AM
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Here the new design.

http://buildinglosangeles.blogspot.c...-figueroa.html

We will get even higher buildings.
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  #108  
Old Posted Oct 18, 2014, 7:42 PM
112597jorge 112597jorge is offline
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in the filing it says "Cavalli hotel".

can this be a Robero Cavalli Hotel like Armani has done? If so that would be great.
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  #109  
Old Posted Nov 25, 2014, 3:49 AM
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LADBS has issued demolition permits for the existing structures at 1101 Flower Street, future site of Figueroa Central. Besides parking, the property currently features two low-rise buildings and an underground bank vault. Heavy equipment was already on-site this afternoon, so look forward to some imminent destruction porn.

Also, would someone please update the title of this thread to represent the new three-tower plan?

Heights are:
  • 49 stories/677 feet
  • 40 stories/530 feet
  • 40 stories/530 feet


http://buildinglosangeles.blogspot.c...-figueroa.html
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  #110  
Old Posted Nov 25, 2014, 6:32 AM
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/
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  #111  
Old Posted Nov 25, 2014, 3:48 PM
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Thread title altered. Would love to see some demolition porn shots.
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  #112  
Old Posted Nov 25, 2014, 3:58 PM
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Quote:
Originally Posted by colemonkee View Post
Thread title altered. Would love to see some demolition porn shots.
Thanks!

Nothing like some NSFW SSP. There's a backhoe and a bulldozer now, but no movement as of 7:10 am.
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  #113  
Old Posted Nov 25, 2014, 4:38 PM
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c
This project is unique. While certain developments that include billboards and bright lights can be at times a little outlandish, this one doesn't overdo it and actually looks like it will complement the surrounding area pretty well. Also, an increase in foot traffic is always a plus for a neighborhood. Giving it more zest and life. Afterall, thats what cities are all about.
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  #114  
Old Posted Nov 26, 2014, 6:07 AM
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Fencing going up around the perimeter of LA/Fig Central.


http://buildinglosangeles.blogspot.c...tral-site.html
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  #115  
Old Posted Dec 16, 2014, 3:25 AM
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Demolition started earlier today. Most of the building seen in on the right side of the above picture is already gone.
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  #116  
Old Posted Dec 16, 2014, 1:20 PM
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Lets see if this works

Untitled by joshraymd, on Flickr

Picture by me tonight. First time using flickr and trying to upload a picture. I had to peek my phone through a crack to get the shot.
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  #117  
Old Posted Dec 16, 2014, 2:36 PM
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^^^ nice update man, came through clear
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  #118  
Old Posted Dec 16, 2014, 4:26 PM
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nice
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  #119  
Old Posted Dec 16, 2014, 4:38 PM
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I really don't care for twin buildings, but the addition of a third tower along with the increased heights is tremendous. It'd be nice if we could have actual renderings.
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  #120  
Old Posted Dec 16, 2014, 11:44 PM
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I actually love the new design. downtown will be getting a crap load of new residents, added density, added height to the skyline and stretching south and the retail at the bottom will be great. My only beef with the building is its literally covered with balconies. People tend to sometimes use balconies as added storage to the junk they already have inside. I would hate to drive up the 110 and see this buildings balconies covered with people hording crap they should be throwing away.
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