Friday, May 3, 2024
Oceanwide plaza rendering

$1 billion+ Oceanwide Plaza project construction pauses for recapitalization

Construction of the Oceanwide Plaza condominium, hotel and retail complex in downtown Los Angeles has paused, The Los Angeles Times reports. The newspaper says that...

CommonGrounds raises $100 million to support expansion plan

CommonGrounds Workspace has secured $100 million in Series A funding to support the company’s expansion plan. The capital raise was orchestrated by Pacifica Enterprises, a...

Affirmed Housing proposes low-income apartment building in San Diego

Affirmed Housing Group wants to build a low-income apartment building in downtown San Diego. The plan for a seven-story building with 78 units and seven...

Georgetown to transform Los Angeles’ historic building into creative offices

Georgetown Co. has nabbed $56.4 million in construction financing from J.P. Morgan for the redevelopment of Los Angeles’ historic Herald Examiner Building into creative...

JPI to build 185-acre mixed-use community in Santa Clarita

JPI has closed construction financing on Jefferson Vista Canyon, a $190 million, 480-home luxury apartment community in Santa Clarita. Comerica Bank and Colony Credit Real...

Work to begin on $12 million San Diego athletic/academic structure

Access Youth Academy plans to build a $12 million athletic and academic facility in southeastern San Diego. Patch reports that the project is moving forward,...

Google plans to build new Los Angeles campus

Google is preparing to build a new campus in Los Angeles. The company has leased the current site of a shopping mall in West Los...

Construction underway on 100-room hotel at Imperial Beach

Sudberry Properties and Tharaldson Development have started construction of a 100-room Hampton Inn & Suites by Hilton at the new Breakwater Town Center on Palm Avenue,...

Koreatown: 80-unit condo secures $29 million loan

Commercial real estate services firm Avison Young closed a $29-million loan to refinance the construction and of a partially completed 80-unit condominium project in...

Fire station approved at University of California San Diego

The San Diego City Council has approved construction of a fire station at the University of California San Diego. The fire station, a first for...

Projects and opportunities

Construction begins on west coast’s largest veterans’ park at San Diego’s Navy Pier

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California Construction News staff writer Construction of Freedom Park, the largest veterans' park on the West Coast, is officially underway. This multi-year joint project, anticipated...

California awards over $100 million for tribal land projects, including ancestral land return and...

California Construction News staff writer As part of an ongoing truth and healing process, California is supporting the return of more than 38,000 acres of...

California awards $120 million in tax credits to eight companies, fueling $15.5 billion private...

California Construction News staff writer The State of California is awarding $120 million in tax credits to eight companies, part of the California Jobs First...