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Peebles-Led JV to Build $1.2B Angels Landing High-Rises

By Tony Seruga

Three companies have teamed up to develop the mixed-use project planned for the 2.2-acre site in L.A.’s Bunker Hill. The towers are expected to be among the tallest in all of the western U.S.

The City Council of Los Angeles has selected Angels Landing Partners LLC to manage development of the Angels Landing site in Downtown. Peebles Corp., MacFarlane Partners and Claridge Properties teamed up for the complex project with an estimated total budget of $1.2 billion. Handel Architects designed the two towers—one will rise 88 stories and the other 24 stories. The high-rises are expected to be among the tallest in all of the western U.S.

“Our team is inspired by the opportunity to transform the L.A. skyline with our iconic building, enhance residential life and change how large buildings are constructed by ensuring all residents and businesses receive equal access to career and business opportunities,” said Don Peebles, Chairman and CEO of the Peebles Corp., in prepared remarks…

Peebles-Led JV to Build $1.2B Angels Landing High-Rises

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