AECOM Tapped to Build $1B Mixed-Use Asset in LA
ByRelated Cos. just took a big step toward the realization of The Grand, a mixed-use project in downtown Los Angeles. The real estate firm recently tapped fully integrated global engineering company AECOM to serve as construction manager for the $1 billion transit-oriented development.
AECOM will have its hands full. Designed by celebrated architect Frank Gehry, The Grand will be a live-work destination in downtown’s burgeoning cultural and civic hub. The commercial portion of The Grand will feature 290,000 square feet of retail offerings, a movie theater complex and a 314-key Equinox Hotel standing 20 stories tall. Residential offerings will comprise another segment of the project, enhancing the housing market with 436 market-rate and affordable units in a 39-story building…