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Old June 14th, 2006, 03:31 AM   #141
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The hotel looks pretty darn sweet. Hopefully this deal actually works out. Another good thing about it is that it is 54 stories, not 50 as originally said.
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Old June 14th, 2006, 06:59 AM   #142
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Quote:
Originally Posted by LosAngelesSportsFan
Here is the new LA Live Hotel! opeining by 2010, 54 stories, 5 star hotel, condos on top, etc etc.

what the....who is the architect? it looks like the original building with a freakin' building hanging off it's side...reminds me of that nurse from South Park. the one with the dead fetus on its head....don't get me wrong, I LOVE the fact that it's getting built, but for 750 MILLION DOLLARS i'd expect more from the buildings architect....I'm sure it's probably the developers that are "designing" this building...yeah..."designing"
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Old June 14th, 2006, 09:54 AM   #143
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IMO, if you liked the old version, then there should be no complaints. It's like saying you like Chevy but hate GMC.
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Old June 14th, 2006, 10:21 PM   #144
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Here is a larger rendering:

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Old June 14th, 2006, 10:38 PM   #145
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^ That is a beautiful tower. Great location aswell.
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Old June 15th, 2006, 12:10 AM   #146
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Another tower as well, 42 story tower by CIM at 9th and Hill, and according to the Daily News, AEG is Close to closing a deal for a third Hotel at LA Live, with about 350 rooms, presumably being next to the carwash and Hotel Figueroa. i would suspect that would be a tower somewhere in the range of 35 - 50 stories, but thats just a guess. LA is BOOMING!!

Citywatch first posted this article...

Firm to run pair of hotels
BY RICK ORLOV, Staff Writer
LA Daily News

Capping an eight-month search, officials announced Tuesday that Marriott International Inc. will operate two luxury hotels and condominiums as part of a 54-story high rise touted as the linchpin of a $2.5 billion retail-entertainment complex aimed at revitalizing downtown.

The hotel's cost will be partially offset with up to $300 million in public financing through a loan, tax breaks and fee waivers. It's seen as the last major project to complement the la live complex being developed across from Staples Center and the ailing Los Angeles Convention Center.

Even as they announced the deal, officials with developer AEG, owner of Staples Center, said they also are close to a deal for a third hotel in the area that would bring as many as 350 more rooms to help fuel ambitious plans for the downtown site.

"We are close to getting a deal for another hotel in the area and we are developing plans to make la live the event capital of the world," AEG President Tim Lieweke said. "We are looking at all the major events that are held in other markets and we are going to go after them."

Officials would not reveal details about the possible third hotel, but said plans for the Marriott properties include an 876-room hotel to be operated as the Los Angeles Marriott Marquis and serve as the headquarters hotel for the Convention Center.

The Marriott Marquis, one of only three being developed by the company, will take up 18 floors and have a ballroom that can seat 3,000 people.

Marriott's wholly owned subsidiary, The Ritz-Carlton Hotel Co., will open a 124-room boutique hotel as part of the complex. Both are scheduled to open in 2010.

The development also will include 216 luxury condominiums on the upper levels of the skyscraper to be built by KB Urban Homes, a partner with AEG in developing the property.

Known as The Residences at The Ritz-Carlton, the condos will be separated from the main hotel by a two-story lobby at the 36th floor that will feature a library, theater and spa with a fitness center.

Mayor Antonio Villaraigosa called the project the culmination of a 10-year dream to bring a Convention Center hotel to the city.

"This is the linchpin of all we've been working for," he said at a late-afternoon news conference. "With la live, this sends a message to the world that L.A. is alive, and we will continue to grow everywhere we can."

Councilwoman Jan Perry, who represents the area, said the hotels will help sustain downtown growth and help the Convention Center attract larger meetings.

"We need this hotel if we are going to make the Convention Center profitable," Perry said. "A downtown convention hotel is what we've been told we need."

Leiweke said he was pleased with the Marriott deal.

"We weren't sure what we would get in the way of bids and we received great offers from four firms," Lieweke said. "From our perspective, this brand name is the best we could have hoped for with our plans for la live and Staples."

The deal comes after AEG late last year formed a partnership with KB Urban to develop the property after Apollo Real Estate Advisors pulled out.

With a downtown housing boom and construction under way on the la live complex - the first facilities are scheduled to open next year - Lieweke said the project is becoming an easier sell and could lure even larger attractions to Los Angeles.

The la live project is the second phase of what AEG and its owner, Philip Anschutz, agreed to when they won the right to build Staples Center. Part of that agreement called for development of a commercial retail-entertainment complex on the land across from the arena.

Thanks to Bobcat from SSP...

Video: DTLA CCA 8th Annual Downtown Housing Forum (New 42 story tower)

Here's a video of last month's 8th Annual CCA Downtown Housing forum.

http://la36.granicus.com/MediaPlayer...1&clip_id=1606

Highlights:

* CIM's plans for 42 story condo tower at 9th/Hope called "Park Tower."
* Ralph's is expected to be open by July '07.
* Reps from Kor, Hanover, IDS (Metropolis) speak about their downtown projects.
* Discussion on the Conga Room with a little on LA Live (Spago Restaurant?)


The IDS presentation was disappointing with little new info. It sounds like the architects are still working on the designs. The Hanover rep said he expects his apartments to be among the most expensive rentals in LA.
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Old June 15th, 2006, 12:18 AM   #147
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I can see the Holiday Inn disappearing one of these days...What about the 65 tower logandankr from SSP mentioned? Is it a coincidence that they have the same name?
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Old June 15th, 2006, 12:20 AM   #148
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Maybe I just haven't checked up on LA development lately, but it seems to have snowballed since the last time I did. That hotel is awesome, by the way. It looks like LA has more going on than any other US city.
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Old June 15th, 2006, 02:07 AM   #149
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Nah, I think Miami and Vegas have more developmet than LA. How cool, a 42 story residential i guess for 9th and Hill. But isn't that almost or if not the historic core? This tower hopefully blends in with the City House and The Olympic towers.
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Old June 15th, 2006, 02:16 AM   #150
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^ 9th and Hope. Not 9th and Hill.
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Old June 15th, 2006, 08:14 AM   #151
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Yeah I kinda figure that out in SSP.
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Old June 15th, 2006, 07:46 PM   #152
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Quote:
Originally Posted by Westsidelife
...What about the 65 tower logandankr from SSP mentioned? Is it a coincidence that they have the same name?
Yeah it is actually just a coincidence...there will be 2 "Park" projects. There will be some big (cough press release cough) news on the Park Fifth 65/36/14/14 coming next month.
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Old June 15th, 2006, 09:00 PM   #153
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The 42 story Park Tower will be situated on the surface lot just across Hope street from the Market Lofts (Ralph's), and immediately adjacent to the future Gansevoort Hotel. If built, it should make a decent impact on the skyline, filling the gap between the Astani 8th & Grand tower and the proposed City House & Olympic towers when viewing the skyline from the west. Let's hope for a good design.
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Old June 15th, 2006, 09:58 PM   #154
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Quote:
Originally Posted by logandankr
Yeah it is actually just a coincidence...there will be 2 "Park" projects. There will be some big (cough press release cough) news on the Park Fifth 65/36/14/14 coming next month.
your gettting me excited. i hope your not pulling our chain on this!! can you post this in your thread at SSP as well?
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Old June 15th, 2006, 10:47 PM   #155
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So you're saying that we're going to hear more on the Park Fifth project?
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Old June 16th, 2006, 12:25 AM   #156
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I wonder how much it'll cost to buy one of those condos at the Ritz Carlton/Marriot Marquis Tower
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Old June 16th, 2006, 02:14 AM   #157
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Quote:
Originally Posted by zergcerebrates
I wonder how much it'll cost to buy one of those condos at the Ritz Carlton/Marriot Marquis Tower

^ A 1+1 will problaly start of in the high 800's or so. If it's less which I highly doubt they will sell in a matter of hours.
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Old June 16th, 2006, 02:22 AM   #158
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A little update on this...

1. The City House - 60 Stories

2. Ritz Carlton / Marriot - 54 Stories
3. Metropolis Tower 3 – 55 Stories
4. The Olympic - 50 Stories
5. Zen Tower - 50 Stories
6. Grand Avenue Tower 1 – 50 Stories

7. Metropolis Tower 2 – 46 Stories
8. Metropolis Tower 4 – 42 Stories
9. CIM Tower - 42 Stories
10. 8th & Grand Tower 1 - 40 Stories
11. Fig Central Tower 1 - 40 Stories
12. 9th & Flower Tower - 40 Stories
13. Grand Avenue Tower 2 – 40 Stories

14. Olive Street Tower - 35 Stories
15. Herald Examiner Tower 2 – 34 Stories
16. Trinity Towers - 34 Stories
17. Fig South Tower 1 - 34 Stories
18. Fig South Tower 2 - 34 Stories
19. Metropolis Tower 1 – 30 Stories
20. Pacific Stock Exchange Tower 1 - 30 Stories
21. Pacific Stock Exchange Tower 2 - 30 Stories
22. Grand Avenue Tower 3 – 30 Stories

23. Fig Central Tower 2 - 27 Stories
24. Hanover Tower - 27 Stories
25. Concerto Tower 1 - 27 Stories
26. Concerto Tower 2 - 27 Stories
27. Glass Tower - 25 Stories
28. Grand Avenue Tower 5 – 25 Stories
29. Grand Avenue Tower 6 – 25 Stories
30. Hope Street Condos - 25 Stories
31. Evo - 24 Stories
32. 8th & Grand Tower 2 - 24 Stories
33. Herald Examiner Tower 2 - 24 Stories
34. Little Tokyo Block Eight Tower - 20 Stories
35. Grand Avenue Tower 4 – 20 Stories

36. FIDM Tower - 19 Stories
37. Luma - 17 Stories
38. Federal Courthouse - 16 Stories


New Projects to be announced soon...

Third hotel at LA Live - 350 rooms, possibly 30 -55 stories tall?

Park Fifth - 65 stories
- 36 stories
- 14 stories
- 14 stories

Vibiana tower - 40 stories?

Sci Arc Towers - ?

Last edited by LosAngelesSportsFan; June 16th, 2006 at 02:30 AM.
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Old June 16th, 2006, 02:27 AM   #159
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[QUOTE=LosAngelesSportsFan]A little update on this...

1. The City House - 60 Stories

So what's the status on this puppy?


2. Hilton Tower - 54 Stories

A Hilton Tower, where?
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Old June 16th, 2006, 02:29 AM   #160
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[QUOTE=Ferneynism]
Quote:
Originally Posted by LosAngelesSportsFan
A little update on this...

1. The City House - 60 Stories

So what's the status on this puppy?


2. Hilton Tower - 54 Stories

A Hilton Tower, where?
City house is still on. the Sales center will open next year, and they hope to break ground within a year.

Sorry, it should read Ritz Carlton / Marriot now, ill change it.
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