$2.5 Billion Century Plaza Hotel and Condo Redevelopment Takes Shape
Los Angeles-based real estate developer Woodbridge Capital Partners is finally starting to lay the foundation and put up scaffolding for its $2.5 billion redevelopment of the Century Plaza hotel. Renderings for the mixed-use project, designed by the New York architecture firm Pei Cobb Freed & Partners, San Francisco firm Gensler, and Los Angeles design firm Marmol Radziner, were released earlier this year.
According to Urbanize, the remade hotel will boast 394 guest rooms, 63 condos, 26,250 square feet of ballroom and meeting space, 14,000 square feet of spa and hotel amenities, and 11,000 square feet of retail and restaurant space.
Next door, two 46-story residential towers designed by Pei Cobb Freed will include around 290 condos between them. The towers will also include 94,000 square feet of retail and restaurant space.
The redevelopment is expected to finish sometime in 2018, giving it plenty of time before the Purple Line opens in Century City around 2023.