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Oceanwide To Throw Its US Resources Into Reviving This Stalled Billion-Dollar LA Project

Firm Plans To Sell Development Sites in New York, Hawaii
A China-based developer wants to restart construction of its three-tower project in downtown Los Angeles near the Crypto.com Arena, which may feature a hotel, shopping mall and hundreds of apartments. (CoStar)
A China-based developer wants to restart construction of its three-tower project in downtown Los Angeles near the Crypto.com Arena, which may feature a hotel, shopping mall and hundreds of apartments. (CoStar)
CoStar News
March 29, 2022 | 10:39 P.M.

The China-based developer behind a stalled billion-dollar downtown Los Angeles project now plans to do whatever it takes to finish construction, including selling off a handful of other U.S. development sites.

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