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Home AEC Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup
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Bankruptcy Court Clears $517MM Sale of Downtown LA’s Oceanwide Plaza to KPC-Lendlease Venture, Triggering Graffiti Cleanup

July 27, 20263 Mins read569
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Graffiti towers in Los Angeles
Photo by MattGush on iStock
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A federal bankruptcy judge confirmed the plan of liquidation for Downtown Los Angeles' stalled Oceanwide Plaza, handing the graffiti-scarred megaproject to a joint venture led by KPC Development Co. and Lendlease and setting off a court-ordered scramble to strip the towers before the 2028 Olympics. After more than six years as the most visible symbol […]

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