California Pulse: Construction Project News for May 2019
California
AECOM has started construction on the Frank Gehry-designed Grand Avenue mixed-use project in Los Angeles. With an estimated cost of $950 million, the project calls for construction of a 39-story, 436-unit residential tower and a 20-story Equinox Hotel featuring 309 rooms. The nearly 1.5-million-sq-ft development would also feature 176,000 sq ft of commercial space with a retail podium and include a 450-seat movie theater. The project, designed as a complement to the adjacent Gehry-designed Walt Disney Concert Hall, will feature a public plaza fronting the venue. CCCG Overseas Real Estate Ltd. is the developer. Completion is planned for 2022. AECOM, 1999 Avenue of the Stars, Los Angeles, 90071. DR#06-99729675