City may seek resi developer for DTLA park
A shuttered Downtown Los Angeles park could soon be taking bids from multifamily developers.
Los Angeles City Councilmember Jose Huizar submitted a motion to the city Wednesday to initiate the process of finding a developer to purchase the 2.4-acre site known as Angel’s Knoll, Urbanize reported.
The public green space, featured prominently in the film “(500) Days of Summer,” has been closed since 2013, after its former operator, the Community Redevelopment Agency, was dissolved.
Wedged between the Angel’s Flight railway and the Pershing Square Metro subway station, the park space was slated to house what would have been the third California Plaza office tower in the early 1990s. The developer backed out, however, due to poor market conditions. [Urbanize] — Cathaleen Chen