Nan Yang
SENIOR MEMBER
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- Joined
- May 1, 2010
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Greenland USA's Metropolis Los Angeles development is set to rise on Francisco Street downtown. The image shows the planned hotel, center, and residential tower at right. (Gensler / February 13, 2014)
Chinese real estate developer Greenland Group revealed plans Friday for a quick start on the first phase of its $1-billion Metropolis Los Angeles project that is expected to redefine the downtown skyline.
Work is set to begin shortly on a high-rise hotel and a residential skyscraper on what is now a vast parking lot along the 110 Freeway north of Staples Center and LA Live. The buildings should be open by 2016.
Chinese developer unveils plans for Metropolis project in L.A. - latimes.com