|Figueroa Central (All images: Oceanwide Holdings Group)|
New renderings have emerged for Figueroa Central, the skyline-altering mixed-use complex which recently broke ground across the street from Staples Center.
The $1 billion development from Beijing-based Oceanwide Holdings Group will create three high-rise towers, offering 504 luxury condominiums and a five-star hotel. Long envisioned as the retail complement to the restaurants and entertainment venues of LA Live, Figueroa Central will contain approximately 200,000 square feet of commercial space within a two-level open-air galleria.
Designs for the project by architecture firm RTKL call for some of the tallest residential buildings in Los Angeles. The 49-story North Tower, rising 677 feet above street level, will include a 183-key hotel and 164 condominiums. As first reported by DTLA Rising, the five-star inn will feature the first American outpost of the opulent Cavalli Club, in addition to celebrity-chef restaurants and a luxurious spa.
Figueroa Central's twin South Towers will each rise 40 stories, peaking 530 feet above ground. Plans call for 170 condominiums in each of the buildings, perched above an elevated private park with greenery and playground space for residents. The towers' seven-story podium would feature nearly 1,000 parking spaces, obscured from view by a 32,000-square-foot LED ribbon which is being called the largest on the West Coast. The project would also include an additional 480 parking stalls on subterranean levels.
Oceanwide Holdings currently anticipates sales of the condominium units to commence in 2017, with the full project expected to open in 2018.
- LA Figueroa Central (Official Website)
- Figueroa Central Archives (Building Los Angeles)
- Luxury Cavalli Club Coming to Massive Fig Central in Downtown LA (DTLA Rising)