Revitalization specialist The Ratkovich Co. will be feted for "The Alhambra," a retail and office project about five miles east of Downtown. The 45-acre site stood half-empty after an oil-services company relocated to Dallas in 1993, but Ratkovich bought it in late 1999 and launched a massive renovation plan that has turned the complex into a bustling center of commerce.
Ladera Shopping Center, developed by MacFarlane Partners, will also be honored by CREW LA. The retail development, on Slauson Avenue in West LA, has succeeded in bringing together shoppers from both the prosperous Westside and the less-affluent Inglewood and South-Central areas.
TrizecHahn will be feted for a pair of big redevelopment projects. The first is its $430-million Hollywood and Highland project, which includes the 640-room Renaissance Hollywood Hotel and a permanent home for the Academy Awards at the star-crossed corner of Hollywood Boulevard and Highland Avenue. The other is Paseo Colorado, which will bring more than 1 million sf of retail, office and sorely needed apartment units to Pasadena.
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