Pretty much every day we see the progress happening at the Oceanwide Plaza project on Figueroa St. It’s our neighbor as we are located at the fabulous Ritz-Carlton LA Live so we of course look forward to hearing any updates on this project. As we’ve reported, this building will be a similar concept to Ritz-Carlton & LA Live with a hotel, condos and retail space.
The latest news though is more about the condos, which is what we care most about right now. There will be a shopping center as we’ve told you before, but the Park Hyatt Condos are said to be planned above the hotel, just like Ritz-Carlton Hotel has condos above it, and it will be 53 stories high, just one floor shy of the Ritz-Carlton LA Live which is currently the tallest residential building in Los Angeles.
Pictured, is a rendering of the 23rd floor pool area that faces west looking pretty nice! Some of the other planned amenities include a 2 acre park, 2 dog parks, a jogging track & basketball court. There are no prices being given now but Oceanwide says they’ll be selling in early 2018, although we’ve heard quite a few whispers the prices will be sky high. There will be 1 bedrooms, duplex condos and half floor condos that could be as large as about 9000 square feet. We can’t wait to see the finished product! Make sure to reach out to us if you want to keep in the loop with this project. #ContactTheLab
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