I recently visited Los Angeles and almost stayed in the Hotel Indigo, part of the three-tower Metropolis development, which was recently completed (and is not fully captured in the photo I took below).
The price was a relative bargain, perhaps because, well, Metropolis isn't well-situated if you want to walk around downtown Los Angeles, especially if you want access to the nearest Metro station. It's a rather forbidding 9-10 minute walk, especially off-hours. It's near a freeway on-ramp, too.
The location is close to the Staples Center and L.A. Live, but not so close to downtown Los Angeles eating and shopping. And that's likely part of why it's been tough to sell all the condos.
But Greenland USA--see logo at top left in photo below--got the project finished. (Here are my photos from a visit in 2018.)
The question in Brooklyn is: will they stay the course, or sell off more parcels, or even abandon the project? The development of Atlantic Yards/Pacific Park is more complicated, since it requires a deck over two blocks of a railyard. But it's a much better location.
The price was a relative bargain, perhaps because, well, Metropolis isn't well-situated if you want to walk around downtown Los Angeles, especially if you want access to the nearest Metro station. It's a rather forbidding 9-10 minute walk, especially off-hours. It's near a freeway on-ramp, too.
The location is close to the Staples Center and L.A. Live, but not so close to downtown Los Angeles eating and shopping. And that's likely part of why it's been tough to sell all the condos.
But Greenland USA--see logo at top left in photo below--got the project finished. (Here are my photos from a visit in 2018.)
The question in Brooklyn is: will they stay the course, or sell off more parcels, or even abandon the project? The development of Atlantic Yards/Pacific Park is more complicated, since it requires a deck over two blocks of a railyard. But it's a much better location.
Note the name Metropolis on the building at the end of the lane. |
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