Anschutz Entertainment Group
(AEG), developer of the L.A. Live entertainment complex in downtown Los
Angeles, has withdrawn plans to add 755 rooms to the JW Marriott
hotel because of the city’s role in a
1,000-room hotel planned nearby.
AEG had planned to expand the 878-room JW Marriott by building a tower across the street from the existing hotel.
“Since announcing the expansion in
early 2015, AEG has sought support for the project under the city’s standard
policies and practices for hotel development incentives,” AEG said in a
statement. “Unfortunately, AEG was recently informed that in order to receive
that support, it would be required to surrender critical and unrelated rights
to make way for a separate 1,000-room hotel on areas of the Los Angeles
Convention Center directly adjacent to Staples Center.”
AEG opened the JW Marriott and the
adjoining 123-room Ritz-Carlton at L.A. Live in 2001.