The
Grand Avenue Project is a project currently under development in
Downtown Los Angeles, along
Grand Avenue. On February 14, 2007 both the Los Angeles City Council and the
Los Angeles County Board of Supervisors approved the project, and officials originally hoped to break ground in December 2007. The project has been developed in stages due to the
Great Recession. On July 26, 2012,
Grand Park opened to the public as the initial phase of the project. . A 19-story luxury condo tower is set to open in Fall, 2014.
The Broad, located between the
Disney Concert Hall and the condo tower, is set to open in 2015. The final phase of the project, on a lot directly east of the
Disney Concert Hall, will have two skyscrapers. They will consist of apartments and an Equinox Hotel. Construction is set to start in December 2015 and open by the end of 2018.