Potential funding for revitalization projects include public/private partnerships, as well as grants and partnerships with federal, state, and county government. Projects proposed by the Revitalization Master Plan and associated Map locations of proposed projects This effort generally considers the approximately 240 projects proposed by the LARRMP. The list will be updated on a regular basis. However, should adequate funding become available, these estimated implementation time horizons would change. The list is ordered by implementation time horizon, roughly as follows: near term (0-5 years), near-mid (5-10 years), mid (10-15 years) mid-long (15-20 years), and long-term (more than 20 years). LARRMP Priority Project List: This list is used to focus Los Angeles River Revitalization Master Plan implementation efforts on a subset of projects that have the potential to be implemented through partnerships and outside funding. The project listing includes projects for bridges, recreational bike paths, parks and associated facilities, and riparian restoration features. Hotel Indigo coming to downtown L.A.The City’s Adopted Capital Improvement Expenditure Program includes a listing of projects that relate to the Los Angeles River revitalization effort, as reported by the City's Administrative Officer.Other recent signs of progress at the phase two site include the installation of tower cranes and the early stages of foundation work for the fourth tower.Ĭompletion of the Metropolis development is scheduled for 2018. The complete pour will consist of 5,500 cubic yards of concrete and result in a 9-foot-thick mat layer. With an architectural peak of 647 feet above-grade, the upcoming tower will be amongst the tallest residential buildings in California.Īccording to a reliable tipster, construction of phase two will ramp up on Friday night, when workers are scheduled to begin pouring the mat foundation for the third Metropolis tower. The project's largest component - a 58-story building - will include 725 residential units and 67,000 square feet of retail space at the southwest corner of 8th and Francisco Streets. Plans call for a 40-story structure to rise immediately north of the phase one site, offering a total of 525 condominiums. Phase two, which broke ground last December, will create an additional 1,250 condominiums in a pair of high-rise buildings. The second building, a 38-story condominium tower, will feature 308 residential units and approximately 7,000 square feet of street-facing retail space. The first, a 18-story Hotel Indigo, will include 350 guest rooms and nightlife accommodations reflective of Downtown's glamorous past. Phase one, which began construction in June 2014, consists of two buildings at 899 and 889 South Francisco Street. The two-phase project, which was first proposed during the Reagan administration, will create four high-rise towers on an approximately six-acre site sandwiched between Francisco Street and the Harbor Freeway. After spending more than a quarter-century in development purgatory, construction is now progressing rapidly on the $1-billion Metropolis complex in Downtown Los Angeles.
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