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$1-billion downtown L.A. hotel project gets environmental approval

A proposal for a $1-billion hotel development in downtown Los Angeles passed a major hurdle Wednesday when the City Council signed off on the project’s massive environmental impact report.

The council unanimously granted a series of entitlements for the proposed 560-room Wilshire Grand Hotel, including permission to sell alcohol at 21 restaurants, bars and other venues, installation of a rooftop helicopter landing pad and a reduction in the number of parking spaces from 2,375 to 1,900.

Korean Air, the developer of the project, plans to demolish the existing hotel at Wilshire Boulevard and Figueroa Street and replace it with two towers -- a 65-story hotel with residences and a 45-story office building.

Wednesday’s vote paves the way for a flurry of other decisions on the project March 29, when council members are scheduled to consider a proposed tax rebate for the hotel and a development agreement for the entire site.

The council must also decide whether to create a sign district to allow various forms of digital advertising.


Councilman wants more financial information about proposed downtown football stadium

Council locks up $1 billon in redevelopment money that the governor wants for state budget

-- David Zahniser at Los Angeles City Hall

Comments () | Archives (3)

That was fast. And good thing that they'll be shoehorning 2 40+ story buildings in there because there are no large surface parking lots in Downtown LA on which to build.

Of course they cut out 475 parking places. There's never enough parking at these @#$ing places because of these idiots.

Great, now lets start building the AEG football stadium.


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