City may seek resi developer for DTLA park

Angel's Knoll has been fenced off since 2013

Sep.September 22, 2016 04:45 PM

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

Related Articles


Entity tied to Jamison Services plans 41-story resi tower at World Trade Center

Here are the three finalists for the Angels Knoll redevelopment site in Bunker Hill

Family investment group buys Chase Plaza for $50M

One Bunker Hill

Submarket Snapshot: Bunker Hill in Q2 16

Developer Jeffrey Fish is fighting LA over Bunker Hill land

One Bunker Hill

Submarket Snapshot: Bunker Hill’s office market in Q1 2016

One Bunker Hill

Submarket Snapshot: Bunker Hill

510 Park Avenue and CEO of Monster Beverage Rodney Sacks

Monster Beverage affiliate guzzles down industrial project in San Fernando