Demolition of Wilshire Grand Hotel Coming Soon
Don't miss RealShare National Investment and Finance on June 24-25. Find out what's new in the capital stack, get the latest strategies in investing and the latest market intelligence.
LOS ANGELES-The Wilshire Grand hotel situated in downtown Los Angeles will be demolished to make way for an 80-story hotel. The razing of the existing building at 930 Wilshire Blvd. is expected start in the coming few weeks. This week, Korean Air and project partner Los Angeles-based Martin Project Management sent out notices regarding demolition.
The new hotel will comprise 900 rooms as well as 400,000 square feet of retail and office space. Construction is scheduled to be finished in 2016. For the full story, go to Los Angeles Business Journal .
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
Find out the latest in commercial real estate at RealShare Conferences to hear from prominent speakers and meet the commercial real estate elite. Hospitality is important across the country, so check out the schedule of 2015 events near you.
You can now be notified via email if this story is updated by clicking on the "Follow this Story" link. You must be a registered member to take advantage of this "members only" benefit.