DOWNTOWN LOS ANGELES – The developers of a project that will create two Marriott hotels in a single South Park building announced today that they have broken ground on the $172 million effort.
American Life Incorporated and Williams/Dame & Associates are behind the plan to build a 373,000-square-foot project. The development will put two Marriott brands — a 174-room Courtyard by Marriott and a 218-room Residence Inn — in a 23-story high-rise just north of the Ritz-Carlton/J.W. Marriott.
Crews will start pouring concrete footings for the project at Olympic Boulevard and Francisco Street this week, according to a press release. The action comes just two weeks after the City Council approved a tax incentive for the development.
The developers have said that construction will generate more than 1,000 jobs, and help the Los Angeles Convention Center attract more major confabs.
The project is being built by SODO Builders LA LLC, with architecture by Portland's GBD Architects.
The hotels are expected to open in the summer of 2014.