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Old June 23rd, 2012, 11:31 PM   #2221
LosAngelesSportsFan
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So i got a notice in the mail today regarding the "Empire Hotel" which is the old Embassy building on Grand. Obviously, weve all noticed that work has been going on there slowly and now we have confirmation.
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Old June 24th, 2012, 01:48 AM   #2222
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Quote:
Originally Posted by Mojeda101 View Post
Well the Occupy LA protests were on the other side of the street =P
As long as those neanderthals keep off the grass and pick up their s*** when they get tired of being unemployed...I'm all good


(with all due respect to any protesters on here)
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Old June 24th, 2012, 02:05 AM   #2223
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Who needs Fox News when you got slipperydog
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Old June 24th, 2012, 05:21 AM   #2224
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Quote:
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As long as those neanderthals keep off the grass and pick up their s*** when they get tired of being unemployed...I'm all good


(with all due respect to any protesters on here)
I went to take a look around the day of the removal and boy did it smell. Shame that civic park might end up being the new camp ground.
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Old June 24th, 2012, 05:44 PM   #2225
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Protest is just part of democracy in big cities. But it's self-regulating: the ones with coherent messages and who clean-up after themselves, win new adherents. The others become jokes.
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Old June 24th, 2012, 08:15 PM   #2226
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Occupiers meant well. But it's hard to have a coherent message when your Tea Party parents are still supporting you.
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Old June 25th, 2012, 09:07 AM   #2227
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PROPERTY SALE CLEARS PATH FOR MAJOR APARTMENT PROJECT
.
ASTANI
.
A long-vacant site in the heart of downtown Los Angeles has been sold to investors who are expected to start work within two months on one of the largest new apartment buildings to be built in the region since the economic downturn.

The seller was Beverly Hills developer Sonny Astani, who secured city approval to build a 700-unit, steel and glass apartment building with a rooftop pool on nearly a full city block. It would include enough ground floor retail space for a grocery store and almost an acre of open space.

The development would cost $300 million to build and house about 1,000 residents on what is now a three-acre parking lot on 8th Street flanked by Grand Avenue and Olive Street. The existing buildings on the block are early 20th-century office structures, facing 7th Street, including the Brockman Lofts.

A 40-foot pool on the roof of the eighth floor surrounded by cabanas, a lounge and barbecues would be the centerpiece of the development, said Astani, who won’t be involved in building the project. "It was a complicated structural engineering process to design it," he said of the large pool.

Astani sold the entitled land to a Colorado limited liability corporation called CPIVG8 for $63 million. At $500 per square foot, it was one of the most expensive land deals ever in downtown L.A., Astani said.

With vacancy falling and rents rising in much of Southern California, however, apartments are considered a choice investment among many institutional and individual investors.

"Downtown is a great center for job growth and the multifamily market has stayed vibrant through the downturn," real estate broker Bradford McCarthy of CBRE Group Inc. said.

Astani built the $260-million Concerto, a 30-story condominium tower a few blocks away at 9th and Figueroa streets. He sold his interest in the property in 2011 after a complex legal battle with hedge fund Starwood Group after federal regulators seized control of Astani's lender.

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ROGER VINCENT
LOSANGELESTIMES
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Old June 25th, 2012, 05:42 PM   #2228
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LA, say bye to another parking lot!

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Old June 25th, 2012, 05:48 PM   #2229
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Hope it's really happening. That's a substantial sized lot biting the dust. How many stories in the latest version?
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Old June 25th, 2012, 06:07 PM   #2230
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7 stories. While that might seem like a lot, this is going to be a very large building.
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Old June 25th, 2012, 06:11 PM   #2231
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Quote:
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7 stories. While that might seem like a lot, this is going to be a very large building.
That's what I was afraid of when I saw the rooftop pool was on the 8th floor. I would like to see higher, but you are right that this is a large lot and this gets rid of it completely.
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Old June 25th, 2012, 06:13 PM   #2232
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Keep it coming!!
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Old June 25th, 2012, 07:36 PM   #2233
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New Empire hotel set to open in Downtown LA

Historic Trinity Auditorium to Become “Empire Hotel” in Downtown LA

Posted on June 24, 2012 by Brigham Yen | 1 Comment
Trinity Auditorium to become the Empire Hotel in South Park Downtown LA

Back in December last year, there was speculation swirling that the Chetrit Group-owned Trinity Auditorium — a beautiful Beaux-Arts structure built in 1914 located at 9th and Grand Ave — would become a second King & Grove operated hotel. In case you missed it, we found out earlier that month that King & Grove would operate the Hotel Clark near 4th and Hill (also owned by Chetrit Group). Now, thanks to readers Rob DeFrancesco and Cara who both sent me a Notice of Public Hearing they received in the mail (as DTLA residents), more details have been revealed about the Trinity Auditorium hotel project, including its new confirmed name: Empire Hotel.

Brighamyen.com
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Old June 26th, 2012, 05:45 PM   #2234
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thanks Jorge; this is good news, but a couple of comments.

The lack of any time-line is troubling. I hope this is more than a PR announcement.

You would think that you could do a decent restaurant experience without the wall. It's not like there aren't outdoors restaurants all over LA right on the street. Removable walls of some kind would help out the look from the street without limiting the ability of control weather issues.

I'm curious to see what they have planeed for the auditorium. It could be a dancing venue on weekends or kept for private parties. Maybe both.
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Old June 27th, 2012, 10:39 PM   #2235
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It'll be a while before renovation will truly begin (there have been a few workers that have been chipping away at things for a while now) and I wouldn't doubt that the design of the pool will change a bit. Maybe a pool hanging over the restaurant maybe?
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Old July 24th, 2012, 10:31 AM   #2236
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Stopped by Fig@7th today and snapped some pics! The aerial shot was taken by a buddy of mine that works at the adjacent 777 Tower.

image hosted on flickr

IMG_7266 by citru22, on Flickr
image hosted on flickr

IMG_7161 by citru22, on Flickr

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IMG_7165 by citru22, on Flickr

Last edited by Fight On Archies!; July 24th, 2012 at 10:45 AM.
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Old July 25th, 2012, 05:52 PM   #2237
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Thanks for the post. My worry here is that it is not exactly on the street and too much in a hole. But it does look a bit more open than the last iteration. Hoping for the best.
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Old July 26th, 2012, 01:32 AM   #2238
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hopefully the canopy and immediate escalator entrance gains people's attention
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Old July 30th, 2012, 06:34 AM   #2239
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Grand Park is finally here!

image hosted on flickr


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Sorry for the darkness of these
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That fountain is so cool.
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Old July 30th, 2012, 07:11 AM   #2240
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That does look very nice, hopefully it will bring more foot traffic and activity to the civic center area like shown. The fountain alone would triple the activity around civic center
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