INVESTMENT
that was begun in earnest in 1959 . Angels Landing will provide a significant economic stimulus for downtown L . A . arts and cultural venues , such as MOCA , Walt Disney Concert Hall and The Broad Museum . The project will be the anchor development for Bunker Hill and California Plaza . With Angels Landing as an unmatched resource in downtown L . A . accommodations and hospitality , Bunker Hill will become a signature travel , tourism and convention destination .
H : What are currently the biggest challenges on the hotel development side , and what are the hotel demand expectations ? DP : With Los Angeles accounting for the fourth-highest number of bookings and major events , like the 2028 Olympics , drawing in an influx of outside visitors , hotels are in demand . Recent increased activity in Los Angeles Airports has also created a demand for surrounding hotels and will only continue to rise .
H : What are some of the noteworthy hotel amenities ? DP : Tower A features a 13-floor , 260-room luxury 5-star hotel , surpassing any current hotel property in downtown L . A . It will be combined with 180 condominiums on 32 upper floors , featuring a Sky Lounge and 60 rental apartments encompassing six floors .
With the finest of hotel amenities , retail stores and restaurants , Angels Landing will quickly become a destination for downtown L . A .’ s social media influencers , business and leisure travelers .
Tower B features a 15-floor , 255-guestroom luxury 4-star hotel that will serve as a high-rise companion to Tower A highlighted by a spacious lobby , meeting rooms , ballrooms , retail stores and restaurants and a rooftop terrace . Eighteen floors will be devoted to 192 apartments . Residents will have access to the tower ’ s 42nd floor terrace . Hotel guests and residents will have access to an additional terrace on Level 2 .
H : What other hotel projects are Peebles and MacFarlane working on ? DP : The Peebles Corp . has worked on several hotel projects over the years such as The Bath Club and The Royal Palm Hotel in Miami Beach . Upcoming projects include the Brooklyn Village , Viola Back Bay and Affirmation Tower , which will include a 1,663-foot tower , two hotels , a public plaza , entertainment center and community cultural center headquartered by the NAAC .
The MacFarlane Partners has worked on two hotel projects throughout the years such as Bethesda North Marriot Hotel & Conference Center , sold in 2016 , and Hotel & Residences at L . A . Live , sold in 2011 .
Angels Landing will be the third tallest building in Los Angeles and the tallest in the U . S . created by Black developers .
48 hotelsmag . com Nov / Dec 2022