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Old December 23rd, 2016, 06:45 AM   #1
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LOS ANGELES | Olympia | 65 fl | 53 fl | 43 fl | Pro

Three skyscrapers planned near L.A. Live in downtown Los Angeles by Chinese developer

Chinese developer City Century filed an application with city officials this week to build three residential towers across from L.A. Live as breakneck growth rolls on through downtown Los Angeles.

The complex, called Olympia, could cost as much as $1 billion and house as many as 1,367 apartments or condominiums over shops and restaurants along Olympic Boulevard.

It is the third high-rise residential project in the works downtown for City Century, the Los Angeles subsidiary of Shanghai real estate developer Sheng-Long Group.

“We’re seeing opportunities in L.A. as the entertainment, media and fashion hub,” said Stuart Morkun, executive vice president of City Century.

“There is a growing desire by a new generation of professionals who want an urban lifestyle,” Morkun said. “Downtown can provide that.”

The design for Olympia by architects Skidmore, Owings & Merrill calls for slim towers of 43, 53 and 65 stories that would be connected at the lower levels with dining, shopping and landscaped outdoor spaces.

The complex at 1001 W. Olympic Blvd., just east of the 110 Freeway, would replace a medical office building and parking lots. City Century could secure construction permits within 18 months and open Olympia about four years later, Morkun said.

City Century will decide later whether to rent or sell the units, he said.





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Old December 23rd, 2016, 06:57 AM   #2
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Looks great

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Old December 23rd, 2016, 08:01 AM   #3
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So about 700-750' for the tall one?

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Old December 25th, 2016, 09:58 PM   #4
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It's very cheap and ugly.

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Old December 28th, 2016, 04:08 PM   #5
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This will really expand the skyline. Or fill.

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Old December 29th, 2016, 05:08 AM   #6
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Originally Posted by Manitopiaaa View Post
So about 700-750' for the tall one?
Compare to the Ritz-Carlton Residences tower this looks like about 240m(788 ft) - 250m(820 ft) .
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Old December 30th, 2016, 02:28 AM   #7
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Great news! We need to fill that gap

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Old January 3rd, 2017, 02:04 AM   #8
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It will be a good addition to the skyline. Maybe this will lead to more residential towers in this part of town.
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Old January 3rd, 2017, 03:58 AM   #9
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Good addition to LA Skyline
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Old January 3rd, 2017, 10:31 PM   #10
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Much needed additions to our downtown/skyline. Hopefully this will spur something bigger and better

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Old January 6th, 2017, 08:52 AM   #11
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Superb addition to the LA skyline.

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Old January 7th, 2017, 11:23 PM   #12
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WoW looks great!!, really does fill in the skyline, look forward to seeing this come up.

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Old January 11th, 2017, 10:14 PM   #13
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Nothing spectacular but anything to broaden the LA skyline is great.

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