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Oceanwide Plaza started as a set of ultraluxury mixed-use skyscrapers that were intended to serve as bookends to downtown Los Angeles' rebranding as a modernized urban paradise.
Oceanwide Plaza is an unfinished residential and retail complex composed of three towers in downtown Los Angeles, California, across the street from Crypto.com Arena and the Los Angeles Convention Center. [2] The complex, designed by CallisonRTKL, is owned by the Beijing-based developer Oceanwide Holdings.
In 1999, the Los Angeles City Council passed an Adaptive Re-Use Ordinance, allowing for the conversion of old, unused office buildings to apartments or "lofts."Developer Tom Gilmore purchased a series of century-old buildings and converted them into lofts near Main and Spring streets, a development now known as the "Old Bank District."
The towers were designed by Arthur Erickson Architects and named BOMA Building of the Year in 1997 and 2001. [6] California Plaza was a ten-year, US$1.2 billion project. Started in 1983, the Two California Plaza tower was completed in 1992 during a significant slump in the downtown Los Angeles real estate market.
L.A. County has agreed to buy the Gas Company Tower, a prominent office skyscraper in downtown L.A., for $215 million in a foreclosure sale.
The county of Los Angeles has tentatively agreed to buy the prominent office skyscraper near the historic Millennium Biltmore Hotel for $215 million in a foreclosure sale that could take months to ...
Figueroa Eight is a 530 foot (160 m)-tall residential skyscraper in Downtown Los Angeles, California. Figueroa Eight is owned by Japanese real estate developer Mitsui Fudosan. The building broke ground in February 2020 and topped out in October 2022. Figueroa Eight is one of the tallest buildings in Los Angeles.
The towers are being monitored 24 hours a day by police patrols, after it emerged that 30 floors of the towers had been covered in graffiti, with some 18 people being arrested there since Feb. 1.