Appeal settled, Lizard Capital’s jagged-look DTLA hotel project has start date

The 170-key project had been slowed by opposition by a labor union

TRD LOS ANGELES /
Jul.July 12, 2019 10:00 AM
Lizard Capital CEO Bingyi Huang and a rendering of the Spring Street Hotel
Lizard Capital CEO Bingyi Huang and a rendering of the Spring Street Hotel

Developer Lizard Capital has a start date for its controversial, long-planned and highly stylized 28-story hotel tower in Downtown Los Angeles.

The Spring Street Hotel will begin work next spring, according to Adam Sokol Architecture Practice, Urbanize reported. The tower is set to replace a parking lot at 633 S. Spring Street. Work is expected to be completed by 2022.

The hotel will have 170 rooms, around 7,000 square feet of ground floor restaurant space, a gym, rooftop bar, and screening room among other amenities. The architecturally unusual building has an upper façade of cutouts and angles working toward a peak that resembles cut stone. The lower 10 or so floors feature straight, modern lines.

Beijing-based Lizard Capital was slowed by a December appeal, filed by hotel labor group UNITE HERE Local 11. The dispute was settled in January, which cleared the way for the project.

The settlement includes an agreement that the city fund streetscape improvements along Spring Street in exchange for transferring 50,000 square feet of floor area for the project.
Lizard is also working on a 178-unit mixed-use rental project in L.A. called Lava House. [Urbanize]Dennis Lynch 


Related Articles

arrow_forward_ios
Terranea Resort President Terri Haack and the resort

Resort owner Long Point Development spends big to defeat worker protection ballot measure

Greenland exec Hu Gang and Metropolis Tower III (Credit: BuzzBuzzHome)

Greenland opts to go rental at Metropolis tower in DTLA

Equity Residential CEO Mark Parrell and a rendering of the 4th and Hill tower

Equity Residential’s long-stalled DTLA residential tower project is back

Aerial view of 611 N. Brand Boulevard and Rossano de Cottiis (Credit: Hunter Kerhart Architectural Photography)

Onni scraps apartment plans for 857-key hotel project in Glendale

Terreno Realty Chairman & CEO W. Blake Baird

Terreno Realty makes another industrial play in LA

A rendering of the proposed hotel project on Whitley Street (Credit: Daryoush Safai)

Reservations: Hollywood hotel project faces appeal from rent control tenants

Los Angeles City Planning Commission President Samantha Millman and a rendering of the Flower Market project (credit: Brooks + Scarpa and Twitter)

Development bloom: SoCal Flower Market mixed-use project in DTLA clears hurdle

Atlas Hospitality Group president Alan X. Reay and Downtown Los Angeles, with construction development rising above the L.A. Convention Center at the right (Credit: Wikimedia)

Keyed up: LA’s hotel development outpacing the rest of California

arrow_forward_ios