Follow LA Observed on Twitter here
Site abatement work on Phase I of the Frank Gehry-designed Grand Avenue Project begins on Monday. Demolition of the ugliest parking structure in the world - the one at 1st and Grand - will coincide with the Feb. 7th ground-breaking date (though cars will not allowed to park inside). All this is according to angelenic. Phase I will include a Mandarin Oriental Hotel, Equinox Fitness, mixed-income housing, retail space and 1,400 parking spaces.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent stories:
Letter from Down Under: Welcome to the HomogenoceneOne last Florida photo
Signs of Saturday: No refund
'I Am Woman,' hear them roar
Bobcat crossing
New at LA Observed
On the Politics Page
Go to Politics
Sign up for daily email from LA Observed
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.