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Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

LA Commits $150K to Study Hotel Incentives at Oceanwide Plaza as KPC, Lendlease Plan $800MM Revival

The Los Angeles City Council authorized a $150,000 consultant study to weigh public incentives for the long-stalled Oceanwide Plaza, where new owners KPC...

Graffiti towers in Los Angeles
AECCommercialFinanceHospitalityIndustry NewsLos AngelesResidentialRetail

City Pushback Stalls $470MM Sale of Downtown LA’s Oceanwide Plaza Graffiti Towers Until July

A bankruptcy court hearing that would clear the $470 million sale of Downtown Los Angeles’ unfinished Oceanwide Plaza has been postponed to July...

patrick-tomasso-gMes5dNykus-unsplash
FinanceIndustry NewsLos AngelesRetail

LA’s 1.4M SQFT Oceanwide Plaza Receives Stalking-Horse Bid for $500MM in Upcoming Auction

By Lilly Riddle An unidentified Los Angeles developer has emerged as a potential buyer for the abandoned Oceanwide Plaza in Downtown Los Angeles,...

AECHospitalityIndustry NewsLos Angeles

148-Room Hyatt Hotel Opens in Culver City

By Catherine Sweeney  With a grand opening recently taking place in October, Culver City recently welcomed a new luxury hotel. The Destination by...

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