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Daniel Libeskind Tower's Downtown Site For Sale For $17 Million

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Get out your coffin nails, the 43 story Daniel Libeskind tower proposed for South Park is looking sicker than ever--the project site's been put up for sale for $17 million. The project, which comes from a Korean investment group, was first announced back in 2008 and won full city approval two years ago, in July 2009. Last September and again in February we heard that developer Human Technologies was still trying to get a construction loan. According to the fine posters at SkyscraperCity, the 1.32 acre site showed up on commercial sale site Loopnet in late May, hyping its proximity to the proposed Farmers Field football stadium. The listing mentions the fully-entitled designs for the Libeskind tower (plans include 273 residences on 35 floors, plus space for restaurants, a spa, and 379 parking spots), but also that "the possibilities for this site are unlimited." The parcel currently serves as a revenue-generating parking lot.
· Vacant Land Directly Across LA Convention Center! [Loopnet]
· Rendering Reveal: Daniel Libeskind's Top Secret Downtown Tower [Curbed LA]