News & Updates

Hotel Hiring Rebounds as U.S. Tourism Overcomes Slump

Bloomberg News | Anna-Louise Jackson and Anthony Feld

4/23/12

Jobless Americans are using increased tourism as a pathway back to employment, finding jobs at hotels and motels as those facilities step up hiring to meet growing demand.

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Lincoln Properties Inks Deal For Wedbush Center

Real Estate Finance and Investment | Eleanor Duncan

4/09/12

Lincoln Properties has agreed to buy Wedbush Center in downtown Los Angeles for $130 million, or $283 per square foot. Jones Lang LaSalle handled the sale on behalf of a partnership between Lehman Brothers and New York-based Broadway Partners.

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Cho honored by Asia Society

THE KOREA HERALD | Shin Hyon-Hee

3/29/12

Cho Yang-hoKorean Air chief executive Cho Yang-ho has been named "Asian business leader" for 2012 by Asia Society Southern California, the country's largest carrier said Thursday.

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Work to begin on Marriott complex; The $172-million, 23-story hotel tower in downtown L.A. will open in summer 2014

Los Angeles Times | Roger Vincent

3/28/12

With tourism on the rise in downtown Los Angeles, construction is set to begin on a $172-million Marriott hotel complex that has even bigger aspirations than when it was announced almost a year ago.

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655 Hope luxury apartments sold 65% of the units

World Journal

3/28/12

Business district of Los Angeles, the city developed and built by SECK Group Group 655 Hope luxury the tide apartment building cases, has been introduced to 65% of the units sold, has moved households generally appreciated.

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Assemblyman Davis Presents Hotel Executive Cano at Small Business Town Hall Breakfast

Sentinel

3/15/12

Assemblyman Mike Davis hosted the 48th District Small Business Town Hall Breakfast featuring Keynote Speaker, Javier Cano, General Manager, The Ritz-Carlton, Los Angeles and the JW Marriott, Los Angeles L.A. Live.

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Tishman Speyer, Lehman Brothers Launch L.A. Sales

Real Estate Finance and Investment | Eleanor Duncan

2/27/12

Tishman Speyer is selling Mellon Bank Center at 400 South Hope Street and Lehman Brothers Holdings has put the Wedbush Center at 1000 Wilshire Boulevard in Los Angeles up for sale.

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1950s LA Petroleum Club Mural Unearthed at Wilshire Grand

LA Curbed | Adrian Glick Kudler

03/26/13

Right now, Downtown's Wilshire Grand is undergoing a lengthy demolition so that it can one day be rebuilt into the West Coast's new tallest tower. But before it peaced out forever, the hotel offered up a little treasure: a 15-foot-long, mid-century mosaic mural showing "the Port of Los Angeles, and scenes of oil refineries, oil derricks and ships."

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Architecture Corner
03/19/13

Los Angeles was never place where endless skyscraper canyons block the sun from shining on the streets. From time to time we hear about some shy skyscraper proposal for this city that almost every day feels earthquake vibrations, but almost none of them end up built. But that might change

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New Wilshire Grand Will Be the West Coast’s Tallest Tower

TURF | Adrian Glick Kudler

03/13/13

The Wilshire Grand is comin’ for you, US Bank Tower–today developer Korean Air is unveiling its final plans for the *73-story tower (which is already under construction; demolition on the old Wilshire Grand began last fall) and turns out it’ll be 1,100 feet tall including its spire; the US Bank is a puny 1,018 feet.

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The New Wilshire Grand Tower in Los Angeles

Architectism | Mark V

03/06/13

The practice of AC Martin Partners designed the new Wilshire Grand tower in the financial district of Los Angeles, California as was recently announced by Korean Air. The tower is replacing the old Wilshire Grand and the new one will try to continue the legacy and also bring business and travel to a new standard.

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New 70-Story Wilshire Grand Will Have Street-Level Outdoor Living Room and More

LA Curbed | Neal Broverman

02/20/2013

More details on the West Coast's new tallest tower, Downtown's Wilshire Grand, via the skyscraper's Facebook page (are they on Instagram?):

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New Wilshire Grand in DTLA

The Loft Company

02/08/13

In the not too distant future Downtown LA will have a new kid on the block and that kid will be the new Wilshire Grand.  Developer Korean Air is unveiling its final plans for the 70-story tower.

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Korean Air hotel in DTLA to be tallest building in the WEST

LA observed | Kevin Roderick

02/07/13

Developer Korean Airlines today unveiled the AC Martin design for the new Wilshire Grand tower at Wilshire Boulevard and Figueroa Street and said it will be 73 stories — one floor more than the US Bank tower downtown.

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Wilshire Grand Los Angeles, Tallest Skyscraper on West Coast at 1,100 Feet, Will Have a Wicked Sky Lobby for Views Across the City

LA Weekly Blogs | Hillel Aron

02/07/13

Secret designs were just released of the Wilshire Grand, a 73-story, 1,100-foot-tall hotel/office tower/retail/phallic image that will be the tallest skyscraper on the West Coast and in Los Angeles, pushing out Library Tower (officially, U.S. Bank Tower) as the 10th-tallest building in America.


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