Gehry leads the way in $3 billion transformation of downtown LA
The Grand Avenue Project will transform the civic and cultural districts of downtown Los Angeles into a vibrant new regional center that will showcase entertainment venues, restaurants, and retail mixed with a hotel and up to 2600 new housing units. Also to be improved as part of the project is the existing County Mall, which will be transformed into a 16-acre park stretching from the Music Center at the top of Bunker Hill to City Hall at the bottom of the Hill. The park will become the new "Central Park" of Los Angeles and will be the scene of many citywide celebrations as well as daily events.
The total estimated cost of the project is 1.9 billion euros, which includes up to 3.6 million square feet of development, the creation of the new park, streetscape improvements as well as outdoor public spaces throughout the development.