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The $1-billion hotel and office skyscraper

February 13, 2013

Rendering of the 73-story Wilshire Grand hotel and office building to be constructed in downtown Los Angeles.(AC Martin Partners)

We’re sure you heard the news, but just in case you didn’t we thought we’d share last week’s LA Times story.

The long-awaited design of a $1-billion hotel and office skyscraper to be built in downtown Los Angeles — soon to be tallest building in the West — was unveiled Thursday by developer Korean Airlines.

At 73 stories, the tower at Wilshire Boulevard and Figueroa Street will be a dramatic addition to the city skyline and a symbol of South Korea’s growing status as a global economic powerhouse.

The Wilshire Grand will slightly surpass in height the 72-story U.S. Bank Tower on Bunker Hill that has held the title of tallest west of Chicago since 1989. Korean Air is already at work dismantling the shuttered 1950s-era Wilshire Grand Hotel at Wilshire and Figueroa to make way for the glass-clad tower expected to be completed in 2017.

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