Los Angeles Greenlights $1.6 Billion Downtown Project in Bet on Recovery
- Proposed skyscraper would be among city’s tallest buildings
- Developers still need to secure financing for construction
This article is for subscribers only.
Los Angeles has approved a $1.6 billion downtown hotel and apartment development, the biggest project to move forward since Covid-19 walloped the city two years ago.
The developers of Angels Landing, Don Peebles and Victor MacFarlane, say groundbreaking is about two years away as they look complete the two-tower project before the Olympics in 2028.