I was just looking at these rendering and the ground floor and my interest got piqued again. I don't think we are ready for the transformation that the Grand Avenue Project is about to bring to the north side of downtown. Related Group is a BEAST!! Columbus Circle, Hudson Yards are both major catalysts in creating highly sought after districts in New York resulting in 57th street becoming the most sought after residential address in the city and the west side becoming the nation's hottest, newest office district.
Yall... we are getting a Gehry designed project across from the Concert Hall with what could possibly be some of the city's best selection of haute restaurants and shops. Related's Columbus Circle is very similar to what they are building here in location and relevance. It's location is near the Lincoln Center and Juilliard school with easy access to the most prominent city park. Grand Ave is next to the Music Center (which is based off of the Lincoln Center) and Colburn school and accessible to Grand Park (although no where near as important as Central Park. We are getting the 2nd Equinox Hotel in the newly established brand and a new, higher end Equinox Gym than the one that is already downtown. Related Group knows how to program their projects to be generators of wealth and status in the surrounding areas, and they will definitely be putting their weight behind this project as it is the debut of the 2nd Hotel and flagship for the West Coast. In case you didnt know, Related also owns Equinox gyms and want their Hotel concept to be a major player.
I expect nothing less from Related and we may be looking at this area and the entire north side of downtown becoming the most sought after, high end high rise living in Los Angeles. We will probably witness within the next 5-10 years, projects that will knock down all the smaller residential builidngs above 3rd street from Fig to Broadway. Bunker Hill towers, Promenade towers, The Park DTLA... all are sitting on property that will most likely be worth more than the buildings currently on them
If you've ever been to Columbus Circle or Hudson Yards, you will know that this project will be well worth the 14 year pause and 20 year wait... especially if you can afford all this high end
https://urbanize.la/post/1-billion-f...-progress-dtla