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Mack Real Estate Group Scraps 60-Story Downtown LA Tower as Market Pressures Mount

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Developer withdraws entitlement application for multi-million dollar mixed-use project as construction costs and financing challenges mount Downtown Los Angeles faces another development setback as market pressures continue to reshape the city's construction landscape. Mack Real Estate Group has abandoned plans for a 60-story residential tower in the heart of Los Angeles, requesting withdrawal of its […]

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