LOS ANGELES PLANNING COMMISSION APPROVES FIRST LIBESKIND TOWER FOR DOWNTOWN LA

LOS ANGELES – Plans for a brand new Daniel Libeskind designed high-rise project in downtown Los Angeles have recently been approved by the Los Angeles Planning Commission.  The move – coupled with a second major high-rise in the area by AC Martin Partners – could signal a new optimism for developers with major city projects to push their plans through despite the downturn.

The 43-story Libeskind Tower, situated at 1340 South Figueroa Street, is a 273-unit building to include parking, restaurants and a spa.  CA Human Technologies, a joint venture of two Korean firms, is developing the tower. 

This will be Libeskind’s first Los Angeles building and with enthusiasm he stated, “I am thrilled at the possibility of realizing my first building in Los Angeles in an area which needs great revitalization and a denser, more mixed-use urban fabric. Our work with CA Human Technologies has been focused and fun and we are both excited to contribute to the future of LA.”

The 1340 Figueroa Street residential development is a multifaceted composition developed within the current fabric of downtown Los Angeles. The development strikes a balance between the tall buildings of downtown and the large scale civic complexes like the neighboring Convention Center and the Staples Center. The location of the site, at the southern end of the high rise downtown district, allows the tower to create a visible marker, contributing to a new skyline for the City of Los Angeles.

The design seeks to improve the character and function of the pedestrian realm on this site. Along Figueroa Street the base steps back from the property line at ground level to open up more public outdoor space in the form of a landscaped plaza. The plaza will act as a main entrance to the commercial portion of the project and as direct entrances into the ground level restaurants and spa. This public space includes landscaped areas and pedestrian amenities including seating, lighting and water features. The new commercial programs in the base help to animate the street life along Figueroa St.

CONTACT:    Studio Daniel Libeskind: 
                     Lynn Krogh, Director of Public Relations
                     T: +1 (212) 497-9114; Mobile: +1 (917) 378-9302
                     PublicRelations@daniel-libeskind.com