The Los Angeles City Planning Commission has approved the redevelopment of the Hyatt Regency Century Plaza Hotel. Next Century Associates, the project’s developer, will created a mixed-use development comprising a renovated hotel with 394 guestrooms and 63 residences, two 46-story residential towers designed by Pei Cobb Freed, a nearly 100,000-square-foot retail plaza with shops and restaurants, and more than two acres of public open space with fountains and courtyards.
“Our goal was to create a pedestrian-friendly, transportation-oriented sustainable mixed-use project that will serve the entire community, connect the elements of Century City and bring economic growth and jobs to Los Angeles,” says Michael Rosenfeld, managing partner of Next Century.
The project is expected to start in 2014.
