An Australian developer plans a $500-million tower in downtown Los Angeles that would include both condominiums and a hotel. Crown Group is planning to develop property it owns at Hill and 11th streets in downtown Los Angeles to include a trendy hotel and condos in a newly designed 43-story building. Executives are working to secure city permission to build the tower and hope to start construction by the end of next year to be completed in 2025. The building is being designed by Koichi Takada Architects. The operator of the 160-room hotel hasn’t been selected. Iwan Sunito is CEO of Crown Group. For more information on this and other upcoming hotel construction and renovation projects in the planning, design, pre-construction and construction phase including who is involved and their contact information and Preferred Vendor Directory please visit: HotelProjectLeads.com
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