LOS ANGELES-The Wilshire Grand hotel situated in downtown LosAngeles will be demolished to make way for an 80-story hotel. Therazing of the existing building at 930 Wilshire Blvd. is expectedstart in the coming few weeks. This week, Korean Air and projectpartner Los Angeles-based Martin Project Management sent outnotices regarding demolition.
The new hotel will comprise 900 rooms as well as 400,000 squarefeet of retail and office space. Construction is scheduled to befinished in 2016. For the full story, go to Los Angeles Business Journal.
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
