The 2028 Summer Olympics, which will take place primarily in existing sporting venues throughout the greater Los Angeles area, is spurring economic development activity throughout the region.

The projects, which include a $30B upgrade of the international airport known as LAX, are being timed for completion by the opening of the Olympics four years from now.

Bellevue, WA-based Steinhauer Properties this month received approval from the city for a 31-story, 425-room Hard Rock hotel it is planning to build near the Long Beach waterfront.

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