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Oceanwide Plaza started as a set of ultraluxury mixed-use skyscrapers that were intended to serve as bookends to downtown Los Angeles' rebranding as a modernized urban paradise.
Oceanwide Plaza is an unfinished residential and retail complex composed of three towers in downtown Los Angeles, California, across the street from Crypto.com Arena and the Los Angeles Convention Center. [2] The complex, designed by CallisonRTKL, is owned by the Beijing-based developer Oceanwide Holdings.
Three abandoned towers covered in graffiti have become an unlikely tourist attraction in downtown Los Angeles. L.A.'s newest tourist attraction? Abandoned high-rises covered in graffiti
California Plaza was a ten-year, $1.2 billion project. Started in 1983, the Two California Plaza tower was completed in 1992 during a significant slump in the downtown Los Angeles real estate market. The tower opened with only 30 percent of its space leased and overall vacancy rates in downtown office space neared 25 percent. [7]
L.A. County has agreed to buy the Gas Company Tower, a prominent office skyscraper in downtown L.A., for $215 million in a foreclosure sale.
The 73-story U.S. Bank Tower, which rises 1,018 feet (310 m) in Downtown Los Angeles and was completed in 1989, [1] is now the second-tallest building in Los Angeles. Six of the ten tallest buildings in California are located in Los Angeles. [ 2 ]
Sierra Towers was developed in 1965 for US$12 million (equivalent to $88.5 million in 2023) by Walter and Leo Minskoff, whose family firm also built New York's Minskoff Theatre. [1] The building is known for being more than 15 stories taller than any other building within a 2-mile (3.2 km) radius.
Pete White, executive director of the Skid Row advocacy group Los Angeles Community Action Network, said he sees the towers as "one important feature of what a stabilized Skid Row can look like ...