A "bottoming out" ceremony sounds pretty funny, but it's actually a real event happening at the site of the future Wilshire Grand tower tomorrow, reports the Downtown News (digital edition). Workers for developer Korean Air have now completely demolished the fifties-era Wilshire Grand hotel--it took a little over a year--and dug 106 feet down to the base of the new project. The new, $1-billion Wilshire Grand will be 71 stories and bring 900 hotel rooms, 400,000 square feet of office space, and a ton of retail to Seventh and Figueroa sometime around the end of 2016. Another ceremony next month or in January will mark the tower's official groundbreaking (so if you're counting, that's about three years of construction).
· Downtown News [Official Site]
· Wilshire Grand Archives [Curbed LA]
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Old Wilshire Grand Now Completely Demolished, New 71-Story Tower Breaking Ground Soon
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