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A Glimpse At The Massive 66-Story Tower Coming To Downtown
Add another gleaming tower of glass and steel to your mental map of downtown's near-future skyline. New renderings for the proposed 66-story tower on 925 S. Figueroa have been revealed, giving the skyline around L.A. Live a massive new peak.
According to Urbanize.LA, the tower is being developed by Justin Leong's Regalian, and the design of the tower was completed by architecture firm CallisonRTKL, who also designed the nearby Oceanwide project, as well as the controversial Alexan tower adjacent to the Eastern Columbia building.
The proposed tower on Figueroa is located across the street from The Original Pantry, and next door to the Hotel Figueroa. The tower is slated to house 200 condominiums, a hotel with 220 rooms, 94,000 square feet of commercial space and a 617-car garage. Curbed LA notes that Leong is seeking alcohol permits for the building, which may house up to 10 new restaurants.
Furthermore, while the proposed foot-height has not been released, at 66-stories the tower may be one of the tallest in Los Angeles. For comparison (and yes, we know there's a very loose correlation between stories and height), both the 1,100 ft. Wilshire Grand and the 1,018 ft. U.S. Bank Tower are 73 stories tall, while the 858 ft. Aon Center tower is 62 stories tall.
And just to give you a taste of how hot the development market in downtown's South Park neighborhood currently is (CBRE just ranked Los Angeles as the top choice in the U.S. for international investors), just steps away from Regalian's proposed tower, Ben Neman's Olympic tower is set to rise 53 stories and 740 ft. above the intersection of Olympic Boulevard and Figueroa, while Chinese developer City Century, LLC. has proposed a three-tower complex (with the tallest tower set to hit 65 stories) two blocks over at the corner of Olympic and the 110 freeway.