LA Live project announces anchor hotel tenants
Developers recently announced plans for a 1,000-room hotel complex that includes a five-star Ritz-Carlton and a four-star Marriott Marquis near the Los Angeles Convention Center. The $750 million, 54-story complex would be one of the largest buildings in Los Angeles at 2 million sf. The 124-room Ritz-Carlton would have the largest ballroom in the city, and the 876-room Marriott Marquis would fill a void as a convention business hub. The project, scheduled to open in 2010, would anchor LA Live, the 27-acre sports-entertainment complex considered the linchpin of downtown's redevelopment.