Showing posts with label City Hall. Show all posts
Showing posts with label City Hall. Show all posts

Wednesday, December 9, 2009

Grand Ave Scales Back Amid Recession

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Frustrated by stalled progress on developer Related Co's part, Councilwoman Jan Perry of District 9 has called for a smaller project sooner. Unable to secure full financing for the Gehry-designed megaproject, New York City's Related Co. has pushed the entire $3b development to the back burner. The project, intended to be completed in phases, has shown almost no progress since its conception in 2000 and the large lot across from Disney Hall remains empty. The project was scheduled for groundbreaking in 2007.

The Grand Avenue Authority, the committee organized to oversee the project's development, is composed of city, county, and redevelopment agency stakeholders, as the project contains a large public portion. Related's West Coast president Bill Witte defends that the Civic Park portion of the project that would link Grand Ave to City Hall is expected to break ground as early as next summer. It is this portion of the project that has drawn the most frustration from local government, as the land and monetary concessions made by the public sector have yet to see any fruition.

As for the 2.5 million sf condo-hotel-retail aspect? Related is still waiting on a $700m construction loan that, considering the sickness of the condo market, will be a long time coming. Also of concern is the state of Istithmar, the royal Dubai investment fund that has put $100m into the project, and was recently found to be drowning in $26b of debt. But as Witte has tenuously assured, the Dubai money has been "pretty much spent." Meanwhile, the pressure is on to see if Related can make good on its promise to deliver at least a portion of the project before its entitlements expire in 2011.

Saturday, September 19, 2009

Barriers Down, LAPD Poises for Opening

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With riot-strength chain link finally removed, curious downtowners are now able to get an early glimpse at the much-heralded landscaping improvements at the new LAPD headquarters across from City Hall. The 10-story building itself, begun in 2006, has been complete for some time. The controversy meanwhile, has been around the green space, as the site chosen for the headquarters was at one time intended to sustain a public plaza, according to some proponents. The now accessible public space boasts native planting, plentiful seating, and a near 1-acre lawn along 2nd St, according to blogdowntown.

The building, though constructed relatively quickly, has left a gaping void in one of the most newly dynamic corners of Downtown for almost three years now. Art walkers and farmers market-goers were forced to circumnavigate the peculiar site. Obtrusive construction fencing has left many wondering what kind of project could possibly have the privilege of being hemmed in by City Hall, CalTrans District 7 HQ, and the historic LA Times building. Who else, but the LAPD?

While officers and employees won't be able to move into the $440 million building until late next month, the 500,000 sf headquarters will be able to accommodate 800 more employees than the current Parker Center's 1,500. The DMJM-designed building and grounds are expected to receive a LEED Gold designation; a restaurant, a memorial to fallen officers, and a rooftop garden will also be featured.

Is anyone else thinking how great this building will look in the opening sequence of a futuristic cop drama?

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