Eavesdrop> Downtown LA, You’re Nuts: Soho House, swanky international development remaking the urban core
The swanky meter is getting dialed to 11 in Downtown Los Angeles. Rumor has it that the rarified Soho House club will be opening its second LA location in a six-story warehouse in the area’s Arts District. The facility will include the usual boojie facilities as well as a rooftop pool and artist studio rooms where guests can stay for weeks and months, as if they were staying at the Chateau Marmont. Meanwhile it’s a great time to be a Chinese developer in nearby South Park. Beijing-based Oceanwide and Shanghai-based Greenland Group are already building two of the largest projects in the city. Now Shenzhen-Hazens Real Estate Group has announced plans to build a $700 million project including three towers across from LA Live. Eavesdrop better start practicing its Mandarin.