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Los Angeles' "Graffiti Towers" Sale Approved, Paving Way for $1.2 Billion Redevelopment
En desarrollo
Real estate·hace 5 díasResumen IA

Los Angeles' "Graffiti Towers" Sale Approved, Paving Way for $1.2 Billion Redevelopment

A federal bankruptcy judge approved the sale of Los Angeles' abandoned Oceanwide Plaza, known as "Graffiti Towers," to KPC Square LLC for $470 million. The new owners plan an $800 million overhaul, aiming to complete the luxury development across from Crypto.com Arena before the 2028 Summer Olympics, transforming the downtown L.A. eyesore after city and county officials withdrew objections.

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The Independent World
2 min de lectura
Elephant and Castle Redevelopment Displaces Local Businesses Amid Gentrification Concerns
En desarrollo
Real estate·hace 6 díasResumen IA

Elephant and Castle Redevelopment Displaces Local Businesses Amid Gentrification Concerns

The £500m Elephant and Castle redevelopment in south London is opening, replacing a historic shopping centre with modern towers. However, many displaced Latin American businesses, like Diana Sach's restaurant, feel promises of affordable new premises have been broken, leading to closures and struggles amidst rising rents and corporate tenants.

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Guardian Business
5 min de lectura
Trump Surveys DC Projects, Suggests Golf Course Could Host Major Tournaments
Política
30/6/2026Resumen IA

Trump Surveys DC Projects, Suggests Golf Course Could Host Major Tournaments

President Donald Trump surveyed his construction projects in Washington, D.C., including the East Potomac Golf Links, which he suggested could host major tournaments. The golf course redevelopment faces a lawsuit, and toxic debris from the White House East Wing was found on its grounds. Trump also toured Lafayette Park and plans for a triumphal arch, and commented on a meeting with mayoral primary winner Janeese Lewis George.

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ABC News
1 min de lectura