Hotel-Apartment Development Set for Downtown L.A.
Plans for the project, proposed nearly five years ago, include a 100-room hotel, 48-unit apartments and ground floor commercial space.
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Plans for the project, proposed nearly five years ago, include a 100-room hotel, 48-unit apartments and ground floor commercial space.
Remi Flower & Coffee will be moving to the ground floor of 130 William Street after signing an 11-year, 2,100-square-foot lease.
The experiential hotel brand plugs into each destination with its affordable rooms and imaginative design inspired by local architectural designs.
Increased construction costs and high interest rates are taking a toll on hotel construction in Los Angeles and the rest of the state. Los Angeles County still leads California in building new lodging, with 21 hotels and 2,329 rooms under construction the first half of the year, according to a mid-year report from Irvine-based Atlas Hospitality Group.
Seven Hills Realty Trust today announced the closing of a $27.5 million first mortgage floating rate bridge loan to finance the acquisition of Woodfield Commerce Center, a 320,000 square foot...