Given the general slowdown in construction, it could be another year before another rendering of a downtown project surfaces, so take it in and critique away: This is architect firm AC Martin's planned hotel/condo tower and office tower development. The $1 billion project is being developed by a joint partnership between Thomas Properties and Korean Air (the latter purchased the Wilshire Grand Hotel in 1989, when it was known as the Hilton Hotel & Towers). Via the press release: "The proposal is to replace the existing complex with two high-rise towers, totaling approximately 1,750,000 square feet: a 40-story tower featuring a luxury hotel of up to 700 rooms topped by several floors of condominiums, and a 1,150,000-square-foot, 60-story office tower, connected with plazas and open space, designed to meet U.S. Green Building Council LEED certification standards." AC Martin, which has an office on Flower Street in downtown, designed the proposed NoHo Art Wave project. Completed projects with Thomas Properties include the Cal EPA headquarters in Sacramento (Flickr photos of that building here). According to a publicist for the Wilshire Grand project, the proposed development doesn't yet have a name.
· Breaking: Wilshire Grand Hotel To Be Destroyed For Hotel, Office Project [Curbed LA]
· Korean Air Retains Thomas Properties Group for Billion Dollar Redevelopment of Downtown Los Angeles Hotel and Office Site [BusinessWire (press release)]