1 Day
Source:
Los Angeles Times
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Graffiti towers scheduled for removal
The sale of Oceanwide Plaza in downtown Los Angeles is expected to be approved by a bankruptcy court, allowing for the removal of years of graffiti and the project's completion. The new owner, a partnership led by KPC Development, plans to begin graffiti cleanup within two weeks and resume construction after the sale closes, with an estimated $850 million needed to finish the development. The project includes residential units, a luxury hotel, and a shopping center, with the goal of nearing completion in time for the 2028 Olympics.
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