A couple months ago, the Los Angeles City Council selected three finalist proposals for Angels Landing, including bids from developers Lowe Enterprises/Gensler, Onni Group, and MacFarlane Partners/Peebles Corporation. The highly desirable property, formerly known as Angels Knoll, is located adjacent to the Angels Flight trolley at the foot of DTLA’s Bunker Hill.

According to a recent staff report from the City’s Chief Legislative Analyst office, they are recommending the City Council to move ahead with the MacFarlane/Peebles project. Their proposal calls for the construction of two hotels, multifamily housing, condominiums, restaurant and retail spaces, a K-5 public charter school, and open community space. 

Rendering courtesy of Handel Architects 

More specifically, the massive mixed-use development would consist of two mixed-use towers, one rising 88 stories and the other rising 24 stories, 400 rental apartments, 250 condominiums, 500 hotel units managed by SLS and Mondrian, approximately 50,000 square feet for retail space, approximately 57,000 square feet of community space, and a K-5 public charter school run by Los Academy of Arts and Enterprises.

Handel Architects has been tapped to design the project, though Olin Architects is responsible for landscaping. 

Per Urbanize, construction for the the mixed-use development is expected to cost $54.3 million. However, after the development is completed and running, the property is expected to generate an estimated $12 million per year.

If the City Council approves the recommended proposal, construction for the project would happen over a 41-month period, with an expected completion date by the end of 2024.