Los Angeles’ South Park neighborhood is getting a new trio of mixed-use hotels as part of its Fig + Pico development project.
As part of the plan, three distinct hotels will be spread throughout two towers. Two of the three hotels will share a 42-story tower and will consist of a combined 820 rooms, while the third will be located in an adjacent 25-story building, and will offer 342 rooms.
New York’s Lightstone Group is involved with the development, which is being designed by Gensler of San Francisco and Yabu Pushelberg of New York and Toronto. This will be Lightstone’s first hotel project in Los Angeles.
In addition, the 1.22-acre site is located across from the Los Angeles Convention Center, relieving some of the demand for the convention crowd. The hotel is located on the same block as the Circa residential project, which consists of two elliptical, 38-story residential towers with a combined 648 units.
"We think there is a great demand for hotel rooms downtown today," Mitchell Hochberg, Lightstone’s president, said in a statement. "When the Convention Center expansion is finally built, that demand will increase."
When completed, the two largest towers are designed to contain 11,000 square feet of ground floor retail space, as well as rooftop pool decks, conference spaces and a parking structure. The third tower will be home to 2,100 square feet of retail space.
The project is still pending city approval, but construction is expected to begin late 2017 or early 2018, and is expected to be completed by 2022.