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Old June 16th, 2006, 03:25 AM   #161
FROM LOS ANGELES
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It would be so cool if there was a web site for the Park Fifht Project. But i think as many people do, that the land in wich the project is to be build is a little small.
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Old June 16th, 2006, 11:10 PM   #162
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BIG NEWS!!! looks like we will soon get a new project for the Fig Central site, and i have a feeling its going to be much bigger. more on the way from them as well!!

New Yorkers Buying Downtown Land

The Moinian Group, one of New York’s largest landowners, is buying a prominent downtown property near the Staples Center.

Moinian has built several high-rise projects in Manhattan and the firm has recently begun buying property in downtown L.A.

Daphne Viders, a Moinian spokeswoman, confirmed there are negotiations but declined to provide further information on the pending transaction. Anschutz Entertainment Group, the majority owner of the Staples Center, is selling the land. AEG spokesman Michael Roth declined comment.

Even so, people familiar with the deal say Moinian is paying close to $75 million for a 4-acre surface parking lot bounded by Figueroa, Flower, 11th and 12th streets. The site already has approvals for a residential and retail project.

The transaction is expected to go non-refundable next month, the sources said.

Moinian isn’t the first developer to want the site and its towering project entitlements.

LNR Property Corp., a well-heeled commercial builder, fell out of contract to buy the parcel a few months ago.
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Old June 16th, 2006, 11:14 PM   #163
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I had a feeling that the Fig Central site wouldn't sit there for long.

Hopefully, it'll link well with LA Live..which I'm sure it will.
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Old June 17th, 2006, 02:27 AM   #164
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This was almost too obvious not to happen, I'm happy it finally did though. So we could hear about a proposal for some new residentials for the site in no moment.
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Old June 17th, 2006, 05:17 AM   #165
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And even more good, make that GREAT news... more towers announced today!!

Lucia Tower on Grand and Ceasar Chavez, 31 stories, breaks ground next year, will extend the Skyline even further towards Dodger Stadium and Chinatown!

New Project, very similar to 8th and grand in size, at 7th and olive, with three tower, 38, unknown and 15 stories.


Here are the article, the first from LADowntown News.com and the second from the LA business Journal We are on a freaking Roll!!!

he New Italian Job

Home of the Whopper to Give Way to 31-Story Condo Tower

by Jon Regardie

In the early 1900s, Ralph and Lucia Smaldino left Bari, Italy, and immigrated to the United States. The couple settled on North Broadway in the neighborhood that today is Chinatown, but then was the center of Italian life in Los Angeles. They were mainstays of the Italian community and worshipped at St. Peter's church across from Taylor Yard. In later years the Smaldinos and their children lived on College Street and nearby Solano Avenue.
Larry (left) and Ralph Cimmarusti with a rendering of the Lucia Tower. The condominium project, named for their grandmother, would replace the Burger King at Grand and Cesar E. Chavez avenues that the brothers opened about a decade ago. Photo by Gary Leonard.

Now, more than a century after the Smaldinos' arrival, two of their grandsons, Larry and Ralph Cimmarusti, are seeking to mark the family's memory. They're doing it in a big way, as they intend to erect a 31-story condominium complex about a mile from Ralph and Lucia's first home. The proposed Lucia Tower would rise at the corner of Grand and Cesar E. Chavez avenues.

While early in the planning stage, Larry Cimmarusti said the project, which would rise on the plot where a Burger King now stands, would hold 200 condominiums and 16,000 square feet of ground floor retail. The Cimmarustis are in the entitlement phase and have been meeting with City Councilman Ed Reyes, whose First District includes the site. If all goes according to plan, they would break ground next summer and open in 2009.

While this would mark their first major Downtown project, the Cimmarustis, still prominent in the Italian-American community, have relationships with some of the area's most powerful players. The Lucia Tower would be a short walk north of the Cathedral of Our Lady of the Angels, where the bell tower is named for the Cimmarustis. They worked with Cardinal Roger Mahony during the cathedral's evolution, and Larry and Ralph's parents are buried in the building's mausoleum, a rare honor.

"Our family sponsored the bell tower. That kind of gives you a little bit of the passion that we have for the revitalization of Downtown Los Angeles," said Larry Cimmarusti during a recent interview in the Burger King that he and his brother opened about a decade ago. The restaurant would be torn down, freeing up the 60,000-square-foot plot that is zoned for a high-rise.

"When you have a piece of property like this and it has the roots that we have, you can't help but get excited," Cimmarusti added. "Our grandparents came here in the 1900s knowing nothing and worked hard and raised good families, and to see us do this, this is exciting. This is really exciting."

Building Specs


Over the last three decades Larry, 58, and Ralph, 54, have built a fortune through several enterprises. They own 90 Burger Kings (58 of them in the Los Angeles area) as well as some Tony Roma's and Original Roadhouse Grill restaurants. Their L&R Construction arm, which would be the contractor on the Lucia Tower (the actual development firm is named Lucia Development), has built multiple large projects, including a shopping center in Woodland Hills with a Whole Foods. Another shopping center is now under construction in Lacey, Washington. They have done high-rise office buildings and some apartments, but this would be their first condominium tower, said Cimmarusti.

The brothers' various ventures employ 2,200 people. They recorded gross revenues of $115 million in 2005, said Cimmarusti.

Designs by Archeon Group show a soaring tower with 730,000 square feet of space. Street-fronting retail would occupy the ground floor (Cimmarusti said he would like to attract a high-end restaurant), while the second through fifth levels would hold 524 parking spaces. The 200 condominiums would be on the sixth through 31st floors. The one- to three-bedroom units would range from 900 to 2,400 square feet.

Cimmarusti said the construction price, issues of an affordable or workforce housing component and the amount the units would sell for have yet to be determined. However, there are several Downtown developments with similar specifications: In South Park the 19-story, 236-unit Evo, a new market-rate construction project by the South Group, is estimated at $80 million. In City West, the 228 units in the 1100 Wilshire project, a transformation by a trio of development firms of a 27-story tower originally designed as office space, will start at $459,000.

Christopher Pak, a principal of the Archeon Group, said one of the Lucia Tower's standout features would be the views. Residents whose units face north would be able to see Dodger Stadium, while those with southern exposure would be able to glimpse the plaza of the Cathedral and see the rest of Downtown.

Pak also pointed to the development's location at the head of Grand Avenue, a street undergoing tremendous change. Along with the Cathedral and the Walt Disney Concert Hall, the corridor will hold developer Related Cos. $2 billion mixed-use complex, which includes a skyscraper being designed by Frank Gehry.

The Lucia Tower would also boast a 30,000-square-foot podium on the sixth floor. The expansive outdoor area would hold a swimming pool, cabanas, vegetation and possibly a putting green, said Anthony Simos, another Archeon Group architect working on the project.

"It's going to modernize the area," predicted Simos.



Reyes, whose district is seeing a flurry of development, called the Lucia Tower an "exciting project" with "landmark potential." He said he is working with the Cimmarustis and will seek to make the project available to people of mixed incomes.

"I'm working with them to see how we can make it as accessible as possible without hurting its financial prowess, if you will," said Reyes. "I'd like to be able to see our police department personnel live there - our men and women in blue. I'd love to see fire department personnel. Our teachers; the people that make a community a community. So yes, if we can get to a point where we are stimulating new units that actually make the city work, I think it would be a win-win for everyone."

The Lucia Tower would rise in the center of several developing but vastly different neighborhoods. To the south, the Grand Avenue project is bringing an assemblage of high-rises, with retail and residential aspects. To the west, the second phase of developer Geoff Palmer's Orsini complex is under construction. The first of the 566 luxury apartments at Sunset and Figueroa are scheduled to open next May.

Meanwhile, nearly a dozen projects with a residential element are planned for Chinatown. Though not all are expected to make it to market, they are ushering in a change for the historic neighborhood. Pak said he hopes the Lucia Tower will link effectively to Chinatown.

"We want to make sure that the project reflects not so much the flavor of Chinatown, but that it pays respect and we do a quality project," said Pak.

Cimmarusti, meanwhile, notes that the arrival of the Lucia Tower would mean the end of one of his highest-performing restaurants. However, he described the opportunity as too good to pass up.

"It's been one of the best volume Burger Kings in Los Angeles. It's a great location," he said. "It's just like everything else, the value of the property became greater. This is 60,000 square feet of unrestricted high-rise with a little Burger King on the corner. So it makes sense to develop it."

Contact Jon Regardie at [email protected].

page 1, 6/19/2006


CRA Approves 875 High-Rise Downtown Condos

The Community Redevelopment Agency of Los Angeles has approved a plan by developer Pacific Atlas Development Corp. to build three high-rise condos totaling 875 units near the Seventh Street/Metro Center Metro stop.

The project, which still needs City Council approval, would be built in three separate phases on three parcels at 770 S. Grand Ave. and 717 and 721 S. Olive St. that now comprise a surface parking lot.

The tallest structure would span 38 stories and the smallest 15. Pacific Atlas previously sought to build two office buildings on the parcels in the early 1990s before the region’s recession halted the plans, according to a CRA release.

“This project provides a number of significant and dramatic benefits,” said CRA Chairman William H. Jackson in the release.

The project will include a 22,225-square-foot pedestrian walkway connecting Grand Avenue and Olive Street and 36,000 square feet of retail space for neighborhood-oriented businesses.

The agreement also calls for Pacific Atlas to contribute $1.5 million to the Skid Row Housing Trust to help develop the 115-unit Abbey Apartments and 76-unit Charles Cobb Apartments, both on South San Pedro Street.

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Old June 17th, 2006, 05:36 AM   #166
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ANOTHER UPDATE!! Red = added this week! 6/16/06

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. Lucia Tower - 31 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

Not sure if this is a new project of a new name for 8th and grand with three towers at 38/ ? / and 15.


Vibiana tower - 40 stories?

Sci Arc Towers - ?

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Old June 17th, 2006, 10:16 AM   #167
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I'm sure that project mentioned above is 8th & Grand it just seems too obvious with the addresses stated on grand and olive streets and besides the block is between 7th, 8th, grand & olive. Previously, Astani did say there would be a midblock paseo connecting Grand & Olive together and that the shortest building would be 15 stories, tallest around 40 stories and that it would be built within 3 phases with approx 875 units so I am most certain that the article is referring to 8th & Grand. Now why Astani was not mentioned in the article I dunno why. Also there already is a port-o-potty on that site meaning something is gonna happen soon.
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Old June 17th, 2006, 01:57 PM   #168
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LA looks really good now, I'm from Liverpool, England and have visited LA twice - once in 1998 and once last year. The downtown area looks huge now, the skyline has changed a lot since my first visit and the MTA has grown, isn't there a "gold" line being built? - Quality city!
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Old June 17th, 2006, 08:13 PM   #169
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^ Technically yes. The first Gold Line opened in 2003 and runs from downtown to Pasadena. But the Goldline Eastside connection is under construction right now and will run from downtown to East LA. It'll be complete in 2009-2010.

Here is what the LA Metrorail will look like in 2010:

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Old June 18th, 2006, 12:10 AM   #170
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wow! Its good to see so much happening in DT L.A. and nice job putting all that stuff together Threehundred.
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Old June 18th, 2006, 01:19 AM   #171
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Wasn't just me.
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Old June 20th, 2006, 11:34 PM   #172
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Metropolis

From SSP:

Quote:
Originally Posted by colemonkee
^ I'm all over it. The renders are pretty small, and zooming in on them didn't do any good, so I'm posting them at original size. Let's start with the site plan:



A rendering of what looks like phases 1 and 2, according to the above site plan. Looks like the previous designs we have seen:



And a rendering of all four phases.



Note that the tallest office tower (closest to the freeway, appears to be shorter than TCW Tower (at 517 ft). But TCW is only 39 floors of office, while this one will be 45. I wonder if that has to do with the first six floors being parking. Even so, this tower should still be taller than TCW by about 45 feet. Perhaps these renderings are off? But they must be recent - check out the massing of the Convention Center hotel, it reflects very recently announced redesigns.

Finally, a ground floor plan, with a decent retail plan. They can't have retail along 9th street, because that's a freeway offramp that's well above grade. So at least they've positioned the majority of the retail on the street.

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Old June 20th, 2006, 11:53 PM   #173
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So sad to see Metropolis' tower heights go so down. The developer must be getting scared seing the price of building in dt.
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Old June 21st, 2006, 12:29 AM   #174
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So it lost 10 floors. So what? You should always expect a building to change before (or even during) construction. Nonetheless, it'll be a massive impact on the skyline. 4 towers ranging from 350 to 600 feet tall is good in my book.
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Old June 21st, 2006, 12:46 AM   #175
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i hope in real life the finish on the buildings is like that! looks like a mint milkshake!
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Old June 21st, 2006, 02:05 AM   #176
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Pix of Downtown LA showing some construction..... Tata!!!
























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Old June 21st, 2006, 02:13 AM   #177
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Nice how Ralphs is coming along. Hey, did go to the International Tower for the air shots right? How did u go in there, can u just go in there like nothing?
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Old June 21st, 2006, 02:31 AM   #178
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^ No, I had business to attend to this morning on the building on the 3rd pix.
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Old June 21st, 2006, 08:17 AM   #179
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http://electroland.net/flash.php

^ MetLofts light show release party..I guess that's what it was.
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Old June 21st, 2006, 09:47 AM   #180
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Just checking out the ground light show, gets me in the mood to "Do The hustle"
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