Articles by Stefany Hedman

1155 South Olive Street. Rendering via Cuningham Group.

Hotel Proposed for 1155 South Olive Street, in Downtown Los Angeles

Work remains stalled at 1155 South Olive Street, in Downtown Los Angeles. Developers Mack Urban and AECOM Capital last resubmitted plans in 2018, and received financial incentives in 2019 from the city, but permits have yet to be filed. When completed, the site will bring a new hotel to the area, which the City estimates will generate $34.6 million in net new revenue for the City, including construction, during the first 25 years of operation.

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1317 South Hope Street Tops Out, in Downtown Los Angeles

1317 South Hope Street has topped out, in Downtown Los Angeles. The project will bring some low income housing to the area, along with a mix of commercial space and market rate apartments. FMB Development is the developer for the project. A standout feature of the site will be the close location to Pico Station.

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