US$1.2b project seen boosting LA office market

Los Angeles

WILSHIRE Grand Center, an estimated US$1.2 billion mixed-use project in downtown Los Angeles, promises many things upon its 2017 completion date.

At 1,100 feet, it will be the tallest building west of the Mississippi, with technology features like those to protect against earthquakes. Most notably, the centre will provide the city with its first new tower-based office space in about 25 years.

Yet, …