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Los Angeles Times
Los Angeles Times
Business
Roger Vincent

'A bet on downtown Los Angeles.' Huge Angels Landing project wins key city OK

Victor MacFarlane and R. Donahue Peebles have devoted years to Angels Landing, a $1.6-billion hotel-housing-retail complex that would change the city skyline. The Bunker Hill development's highest tower at 63 stories would be among L.A.' s tallest buildings.

The developers said Monday that city planning officials approved Angels Landing's so-called entitlements to build, a major hurdle the project had to clear on the way toward completion before the 2028 Olympics.

The developers have secured environmental approvals to build, made affordable housing commitments and completed deals with labor leaders, they said — all key elements required to proceed.

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