Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-The Anschutz Co.’s AEG subsidiary has topped out the conference center and Regal Cinema movie complex at the 27-acre sports, entertainment, hotel and commercial project in Downtown Los Angeles. Phoenix-based Schuff Steel Co. hoisted the final beam and the traditional evergreen tree to the top of the conference center, along with general contractor PCL Construction Services Inc.

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.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join 1000+ of the industry's top owners, investors, developers, brokers & financiers at THE MULTIFAMILY EVENT OF THE YEAR!

Get More Information


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.