Schuff scope of work on the project gives some idea of what's involved in developing the L.A. Live complex, which will eventually include a 7,100-seat Nokia Theater Los Angeles for live performances; a 15-screen, 3,800-seat Regal Cineplex featuring an 800-seat premiere presentation theater; the Grammy Museum; numerous restaurants, nightclubs and cafes; 260,480 sf of conference center and ballroom facilities; a 100,000-sf special events deck; a Lucky Strike Lanes bowling center and a 40,000-sf outdoor event space.
For the conference center and Regal Cinema, Schuff's contract includes detailing, fabrication and erection of 4,600 tons of structural steel for the 550,000-sf conference center and Regal Cinema. Schuff started erecting the steel on April 17 this year and is scheduled to complete structural steel and metal deck in October. Schuff Steel is part of publicly traded Schuff International.
Among the other elements of the L.A. Live project is a 54-story, $900-million, 1,001-room Marriott Hotel that will also feature 224 Ritz-Carlton condominiums on the top floors of the hotel. The hotel and condominiums will create two million sf of commercial and residential space on the 2.5-acre site, which is part of the overall 27-acre L.A. Live development, which is adjacent to the Staples Center and the Los Angeles Convention Center.
Last year, MacFarlane Partners agreed to become a substantial investor in the $900-million hotel/condominium tower, with the San Francisco-based firm also to provide investment oversight for the project. Wachovia is the initial founding partner for the overall $2.5-billion, four-million-sf L.A. Live development.
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