high-rise towers in the bustling South Park neighborhood in downtown Los
Angeles is finally moving forward.
Chinese developer Oceanwide
Real Estate Group began leveling several structures this month on a
sprawling parking lot across from Staples Center on Figueroa Street,
paving the way for an early 2015 groundbreaking. The demolition ends
years of inactivity at the 4.6-acre lot — long envisioned as the
shopping section of the L.A. Live entertainment complex.