The unfinished Oceanwide Plaza complex in downtown Los Angeles is looking at a new buyer who plans to complete the $1.2 billion project.
Spirit Awards Host Ego Nwodim Jokes About Move From Beach to Hollywood Palladium: “We Don’t Have a Permit”
KPC Development Co., whose founder, Kali Pradip Chaudhuri, is building a $300 million hotel next to SoFi Stadium, on Monday entered into a $470 million deal with Lendlease, the original contractor for the project, according to court documents. The figure represents a bid, which sets a price floor for the plaza, that will be tested at auction. If no higher offers come in, the bankruptcy court can approve the sale…