DTLA LIFE MAG #3 | MARCH 2014 | Page 12

METROPOLIS Bordered by the 110 Freeway, Francisco, Eight and Ninth Streets and 27 years after its inception, METROPOLIS broke ground last month in a small ceremony. The 6.33 acre site was purchased from IDS Real Estate Group by the Shanghai based developer Greenland Group. So far the project has announced a residential (300 units/38 stories) tower and a (350 room/19 story) hotel. This portion of the overall plan is expected to take 30 months and three additional towers are expect- ed to include commercial, retail and other residential towers are expected to break ground thereafter. !