Support for LAist comes from
We Explain L.A.
Stay Connected

Share This

This is an archival story that predates current editorial management.

This archival content was written, edited, and published prior to LAist's acquisition by its current owner, Southern California Public Radio ("SCPR"). Content, such as language choice and subject matter, in archival articles therefore may not align with SCPR's current editorial standards. To learn more about those standards and why we make this distinction, please click here.


Grand Avenue Project: Delayed

A rendering of the development area from 2005 | See a larger image of this here.
Before you read this story...
Dear reader, we're asking for your help to keep local reporting available for all. Your financial support keeps stories like this one free to read, instead of hidden behind paywalls. We believe when reliable local reporting is widely available, the entire community benefits. Thank you for investing in your neighborhood.

Eli Broad may be bringing his museum to Grand Avenue and a new civic center park may be underway, but the massive $3 billion Grand Avenue Project is not going to start in 2011 as planned. Developer Related Cos. wants a two-year extension on the start date, saying that obtaining financing in this weak economy is not panning out, according to the LA Times.

The project, if it ever comes to fruition, would bring a hotel, condos, restaurants, shops and art galleries to a handful of blocks between the Walt Disney Concert Hall and City Hall. A Frank Gehry-designed glass tower would be the architectural feature.

Government officials must approve the extension, which could mean a groundbreaking in February 2013 -- that is if they don't ask for yet another extension. Curbed LA hints that maybe the project should be given to a different company.