Skyscraper proposed for downtown Los Angeles
Despite a downtown real estate slump, a proposed 43-story downtown skyscraper -- the second such project disclosed in as many weeks -- is scheduled to be considered for key approvals by the Los Angeles City Planning Commission on Thursday.
The condominium and retail complex is being proposed for a site between Figueroa and Flower streets near the Convention Center by CA Human Technologies, a South Korean firm, project spokeswoman Veronica Becerra said.
Details of the project, which Becerra said could break ground in less than a year, emerged days after The Times reported the nearby Wilshire Grand hotel would be replaced with a $1-billion hotel, office and retail project that also has South Korean investors.
Architect Daniel Libeskind designed a 35-story tower atop an eight-story parking podium, with two subterranean levels. It would have 273 residential units, a restaurant and a spa.
The project has been winding quietly through community and City Hall reviews for months. It has won support from, among others, the downtown Neighborhood Council, said Sylvia Han, an official with the development firm. The application before the commission seeks various lot consolidations and permission to provide fewer parking spaces than called for in an advisory policy, according to city records.
“I have been consistently supportive of the project,” Councilwoman Jan Perry said.
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