January 23, 2017 Comments Off on 66-Story MXU Proposed Near L.A. Live Views: 487 California News, Los Angeles

66-Story MXU Proposed Near L.A. Live

Glendale, CA-based Regalian, LLC is proposing to develop a 66-story, mixed-use tower that would be among the tallest in DTLA. The 1.88-acre site is a couple of doors up from L.A. Live, between the revamped Hotel Figueroa and the iconic Original Pantry Cafe.

Plans submitted to the city this week envision 200 condominiums, a 220-room hotel, 94,000 square feet of commercial space and a 617-space parking garage. The skyline-altering building would be built on a parking lot in South Park at 925 S. Figueroa that was last appraised at more than $12 million in 2015.

The developer would transfer 473,038 square feet of floor area into one project site through merger and re-subdivision.

Proposed MXU development site

Proposed MXU development site (Image LA County)

Read more at Urbanize LA

Read more at City of LA Planning

For comments, questions or concerns, please contact Dennis Kaiser

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