{"id":1004204850,"date":"2018-01-24T05:41:42","date_gmt":"2018-01-24T13:41:42","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004204850"},"modified":"2022-12-08T20:31:34","modified_gmt":"2022-12-09T04:31:34","slug":"aecom-tapped-to-build-1b-mixed-use-asset-in-la","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/","title":{"rendered":"AECOM Tapped to Build $1B Mixed-Use Asset in LA"},"content":{"rendered":"<p>By Barbra Murray<\/p>\n<div id=\"attachment_1004204851\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004204851\" data-attachment-id=\"1004204851\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/the-grand-los-angeles\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\" data-orig-size=\"3000,2115\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"The Grand, Los Angeles\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;The Grand is a $1 billion mixed-use mega-project in downtown Los Angeles. Image courtesy of Related Cos. and Gehry Partners.&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?w=1024\" class=\"size-medium wp-image-1004204851\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\" alt=\"Image credit: Related Cos. and Gehry Partners.\" width=\"300\" height=\"212\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg 3000w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=300,212 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=768,541 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=1024,722 1024w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=1536,1083 1536w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=2048,1444 2048w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=150,106 150w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=696,491 696w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=1068,753 1068w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=1920,1354 1920w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=596,420 596w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg?resize=100,70 100w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004204851\" class=\"wp-caption-text\">Image credit: Related Cos. and Gehry Partners.<\/p><\/div>\n<p>Related Cos. just took a big step toward the realization of The Grand, a mixed-use project in <a href=\"https:\/\/www.commercialsearch.com\/news\/is-downtown-l-a-embracing-new-urbanism\/\">downtown Los Angeles<\/a>. The real estate firm recently tapped fully integrated global engineering company AECOM to serve as construction manager for the $1 billion transit-oriented development.<\/p>\n<p>AECOM will have its hands full. Designed by celebrated architect Frank Gehry, The Grand will be a live-work destination in downtown\u2019s 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.<\/p>\n<p>It\u2019s a massive undertaking, but AECOM is equal to the task. <em>\u201cAECOM is an undisputed leader in construction and has the know-how to bring Frank Gehry\u2019s incredible design to life,\u201d<\/em> Rick Vogel, senior vice president of Related Cos., said in a prepared statement. <em>\u201cThey have a deep understanding of Los Angeles and an experienced local team which makes them an ideal fit for this compelling project.\u201d<\/em><\/p>\n<h2>MIXING IT UP IN DOWNTOWN LOS ANGELES<\/h2>\n<p>Downtown Los Angeles is experiencing a rebirth, and projects like The Grand are popping up in high-profile spots around hotel towers, office skyscrapers and entertainment venues, and even in non-core areas of the submarket. <em>\u201cThe city has experienced an explosion of large, ground-up mixed-use developments,\u201d<\/em> according to a fall 2017 report by global advisory services firm EY. <em>\u201cThe mixed-use trend continues and is flowing out from South Park into other districts.\u201d<\/em><\/p>\n<p>The growing list of mixed-use projects across downtown includes the joint venture Angels Landing Partners\u2019 $1.2 billion <a href=\"https:\/\/www.commercialsearch.com\/news\/peebles-led-jv-to-build-1-2b-angels-landing-high-rises\/\">redevelopment of the Angels Landing site<\/a>, which will feature two towers, one of which will be among the tallest buildings in the western U.S. <a href=\"https:\/\/www.commercialsearch.com\/news\/suncal-plans-2b-la-mixed-use-project\/\">SunCal has proposed 6AM<\/a>, a $2 billion development that will offer live\/work residences as well as creative office space, retail offerings and a hotel. Additionally, Oceanwide Holdings is shelling out $1 billion to create Oceanwide Plaza, where residences, hotel rooms and an open-air galleria will be punctuated by 700 feet of ribbon-shaped LED signage.<\/p>\n<p>AECOM is due to kick-off construction of The Grand in fall 2018.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Related Cos. selected the global engineering firm to take on the role of general contractor for The Grand, a transit-oriented development, which will include retail, a movie theater and a 314-key hotel. <\/p>\n","protected":false},"author":969,"featured_media":1004204851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,1594,21752,21742,15],"tags":[34615,32952],"class_list":["post-1004204850","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-los-angeles","category-mixed-use","category-latest","category-west","tag-aecom","tag-related-companies"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>AECOM Tapped to Build $1B Mixed-Use Asset in LA - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AECOM Tapped to Build $1B Mixed-Use Asset in LA\" \/>\n<meta property=\"og:description\" content=\"Related Cos. selected the global engineering firm to take on the role of general contractor for The Grand, a transit-oriented development, which will include retail, a movie theater and a 314-key hotel.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-24T13:41:42+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-09T04:31:34+00:00\" \/>\n<meta name=\"author\" content=\"Barbra Murray\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/\",\"name\":\"AECOM Tapped to Build $1B Mixed-Use Asset in LA - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\",\"datePublished\":\"2018-01-24T13:41:42+00:00\",\"dateModified\":\"2022-12-09T04:31:34+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/d1edda962dd3af55af8a203870f9fc32\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/aecom-tapped-to-build-1b-mixed-use-asset-in-la\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2018\/01\/The-Grand-Los-Angeles.jpg\",\"width\":3000,\"height\":2115,\"caption\":\"The Grand is a $1 billion mixed-use mega-project in downtown Los Angeles. 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