Another one bites the dust

Other
Monday, October 20, 2008
.

The Los Angeles Business Journal reports that Jean Nouvel’s 45-story tower in LA’s Century City, 10000 Santa Monica Blvd. (pictured above), has been put on hold. The “Green Blade,” as it had been  nicknamed, was to have an extremely thin 50-foot floorplate, permitting north and south glazing for all of its 177 units. Each unit was also to be wrapped outside with plants, resting on projecting podiums.

“We have been unable to obtain assurances of continued funding that would allow us to move forward with confidence at this point in time,” the building’s developer, SunCal, said in a statement.

According to the Journal’s story, vacancy rates have doubled in parts of Los Angeles, Class A office buildings are opening without tenants, and high-profile marquee projects are “being all but abandoned.” Yikes.

Filed Under: 

Post new comment

Name (required)

E-Mail (required)

Advertise on The Architect's Newspaper.

Submit your competitions for online listing.

Submit your events to AN's online calendar.




Archives

Categories

Copyright © 2014 | The Architect's Newspaper, LLC | AN Blog Admin Log in. The Architect's Newspaper LLC, 21 Murray Street 5th Floor | New York, New York 10007 | tel. 212.966.0630
Creative Commons License