ANGELS LANDING NEW HOMES FOR SALE | FOR LEASE | UNLISTED
AngelesLanding.com — Plans for another giant high rise development in downtown move forward. $1.6 billion project known as Angels Landing has received key city approvals. It will be located in downtown’s Bunker Hill neighborhood next to the historic Angels Flight funicular railway at 350 S Grand Ave, one of the shortest railways in the world. The new project will consist of 2 high rise towers: one 42 stories together 63 stories. It will be the 3rd tallest building in Los Angeles. The complex will include 2 luxury hotels, condos, a pedestrian plaza and a giant privately managed park. Developers hope to complete the project before the summer Olympics in 2028. | KTLA 5 TV News VIDEO
Designed as an iconic twin tower, Angels Landing is the transformative culmination of Bunker Hill’s redevelopment, which began in 1959. Angels Landing is expected to provide a significant economic benefit for downtown L.A. arts and cultural venues, such as MOCA, Walt Disney Concert Hall and The Broad Museum. As the anchor development for Bunker Hill and California Plaza, Angels Landing also promises to be an unmatched resource in downtown L.A. accommodations, hospitality, travel, tourism, as well as a convention destination.
Angels Landing is an iconic twin-tower hotel and residence “halo-project” for historic Bunker Hill, which aims to attract a large percentage of women and minority owners. Greater L.A. visitors and tourists will be beckoned to Angels Landing’s two five-star hotel properties offering luxury accommodations in downtown Los Angeles rivaling upscale hotels in Beverly Hills, Bel Air, Century City and Santa Monica. Angels Landing also comes with entitlements allowing for a development of “unlimited height.” The 2.6-acre site amounts to 1.3 million “developable acres,” boasts the marketing brochure. Angels Landing Partners, LLC estimates that the huge development will create 8,300 jobs during construction.
In addition to its two magnificent hotels, Angels Landing Plaza – a multi-level, publicly accessible and privately managed open space – will create a new pedestrian-centered mecca for downtown Los Angeles residents, transit commuters and tourists. Angels Terrace will be a multi-level public-use space that promises to provide a divine Central City environment that’s down-to-earth, yet imbued with a cosmopolitan flair and showcasing an L.A. sensibility and established style that the City of Angels has long stood for. Appealing to those in tuxedos or denim alike, Angels Terrace is set to provide an alluring downtown gathering place at the center of L.A.’s iconic arts and cultural landmarks.
The site will in or near Angel’s Knoll, a park that has been mostly closed and fenced off for the last five years. Formerly known as Angel’s Knoll, the park was previously operated by LA’s Community Redevelopment Agency. The area was used as the backdrop in the popular Joseph Gordon-Levitt / Zooey Deschanel romantic comedy movie which appeared in the popular Joseph Gordon-Levitt / Zooey Deschanel romantic comedy movie 500 Days of Summer by Fox Searchlight by Fox Searchlight
The essence of Los Angeles has a new upscale home. Live, work and savor the divine hospitality and residential accommodations, along with the complementary dining, retail and entertainment amenities planned for the Angels Landing high-rise development adjacent to Downtown’s Historic Core, and steps away from the Financial District. The development area is just steps away from new condos Perla on Broadway and the Pan American Building.
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Copyright © This free information provided courtesy L.A. Loft Blog with information provided by Corey Chambers, Realty Source Inc, DRE 01889449. We are not associated with the seller, homeowner’s association or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.