Mixed-use project will be Chinese developer's first in the United States
LOS ANGELES, Jan. 29, 2014 /PRNewswire-USNewswire/ -- Tishman Construction, an AECOM company, announced today that it has been selected to provide program management and construction management services for phase one of the China-based Greenland Group's Metropolis development. The US$1-billion project will feature mixed-use residential, hotel and retail space on a 6.33-acre site in Downtown Los Angeles.
The first phase of Metropolis will include a 19-story luxury hotel with 350 rooms and a 38-story residential tower that will house approximately 300 units. Designed by Gensler, the planned two-phase development will ultimately consist of one high-rise hotel and three residential buildings, all featuring retail on the ground floor.
"We are excited to build on AECOM's current work with Greenland Group in Asia and deliver its first development in the United States," said Michael S. Burke, president of AECOM. "Our team is proud to be part of this innovative project in Downtown Los Angeles, and we look forward to future opportunities to partner with Greenland around the world."
"AECOM has become a trusted partner in successfully realizing the vision of our projects, and we are pleased to continue that relationship on Metropolis," added Ifei Chang, president and CEO of Greenland U.S. "As we progress on our first U.S. development, we thank the AECOM/Tishman team for its efforts helping us break new ground."
The Metropolis site comprises a full city block, strategically bordering the Harbor Freeway and situated between the Financial District to the north and the L.A. Live Hotel and Entertainment complex, including the Staples Center and the Los Angeles Convention Center, to the south.
Following phase one's groundbreaking in February 2014, the hotel anticipates completion in early 2016, and the first residential tower is expected to open in summer 2016.
About Tishman Construction
Founded in 1898, Tishman Construction, a wholly owned AECOM subsidiary, is one of the world's leading builders, currently managing construction for the 1,776-foot-high One World Trade Center, the Javits Convention Center expansion and renovation in New York, the new headquarters for the U.S. Department of Homeland Security in Washington, D.C., and the new Anaheim Regional Transportation Intermodal Center for high-speed trains in California. Known for successfully managing complex, iconic projects, Tishman is responsible for the construction of more than 450 million square feet of space, incorporating facilities of every size and type, including arts and culture, commercial, convention centers, education, gaming, government, healthcare, hospitality, residential, retail, sports and leisure, technology and transportation. More information on Tishman Construction can be found at www.tishmanconstruction.com. Follow Tishman on Twitter at @TishmanBuilds and like Tishman Construction on Facebook.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in more than 140 countries and had revenue of $8.2 billion during the 12 months ended Sept. 30, 2013. More information on AECOM and its services can be found at www.aecom.com.