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ANGELS LANDING GETS THE GREENLIGHT
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ANGELS LANDING
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GETS THE GREENLIGHT
On what would be the windiestrainiest day yet, Council-member Kevin de Leon parted the clouds with rays of mixed-use sunshine for African-American developers Don Peebles and Victor MacFarlane— heralding the go ahead for Angel’s Landing, a $1.6 billion project scheduled for completion sometime before the Olympics in 2028.
Designed by architecture and interior design firm Handel Architects, at 88 floors, Angels Landing will establish its foundation just south of Historic Angels Flight on 3rd and Hill. The completed site will reach high above the tracks, cresting the top of the Bunker Hill skyline and becoming the third tallest development in Los Angeles.
Welcome downtown neighborhood residents, working professionals, nightlife, and tourism.
Angels Landing project plans to erect two towers of hotels, city-view condominiums and apartments, retail and restaurants. The site will also include Angels Landing Plaza – a modern pedestrian-centered and transit-adjacent urban park with multi-level space for the public and privately managed park amenities.
You get a job! She gets a job… everybody gets a job…
An estimated 500 jobs will come from vendors in the L.A. County region providing goods and services to the two luxury hotels.
Both MacFarlane and Peebles made clear their intentions to provide diversity and inclusion in the building process by allocating at least 30% of acquiring opportunities for minority and women-owned businesses.
“The transformative impact of empowerment and economic inclusion from Angels Landing will be felt by an array of businesses including African American, Latino-and Asian-owned,” said Don Peebles. “We have committed to a goal of 30% minority and women-owned busi-
Angels Landing will bring thousands of new jobs and economic benefits to the city and boost L.A.’s local economy by contributing $731 million to local workers’ earnings during its construction.
According to BJH Advisors, more than 8,300 temporary jobs will be created during Angels Landing’s construction, while creating more than 800 permanent jobs in downtown L.A. ness contracting across the board for our project in excess of over $480 million, and we’re raising the bar for economic inclusion for development projects in L.A.”
“With Angels Landing will come desired levels of diversity and inclusion to L.A.’s hospitality industry and the expansive services sector that supports the local hotel industry,” said Victor MacFarlane. “It’s about time the economic benefits generated by massive projects like this are provided to people who are reflective of the project.”