The Los Angeles City Planning Commission gave its approval Thursday to a massive mixed use project set to rise across the street from LA Live.
The project, proposed by developer Shenzhen Hazens, would replace the existing Luxe City Center Hotel on Figueroa Street with a pair of towers rising from a flashy podium structure. Previous plans called for three towers, but the developer recently unveiled an alternative design consolidating the project into two structures.
The taller tower, designed by Steinberg Architects, would rise 49 stories and include 435 units of housing. The other structure, designed by Gensler, would be a 29-story hotel tower operated by W Hotels. It would have 300 rooms (significantly more than the 178 offered at Luxe City Center).
The two buildings would be connected by a three to five-level podium adorned with digital signs—in keeping with plans for many of the new projects planned for the Figueroa Corridor.
In addition to the hotel rooms and housing units, the project would also feature a total of 58,959 square feet of commercial space, including shops, bars, and restaurants. A total of 738 parking spaces for cars and 654 spots for bikes would be found in a four-level subterranean parking lot.
A pair of public plazas would be located at the base of the development, intended to provide a pedestrian connection to the project along Figueroa Street and at the corner of Figueroa and Olympic Boulevard.
Now approved by the planning commission, the project will next go before the city council’s Planning and Land Use Management Committee.