Los Angeles' first hotel under InterContinental Hotel Group’s Hotel Indigo badge is scheduled to open next year about a block north of the L.A. Live entertainment district in that city’s downtown area.

The Hotel Indigo Downtown Los Angeles will be part of the $1 billion Metropolis mixed-use project being built by Shanghai-based Greenland Group. The 18-story hotel will have 350 rooms.

The property is about five blocks from the old Wilshire Grand hotel site, which is being redeveloped by Korean Air and Hanjin Group into a mixed-use project that is slated be the tallest U.S. building west of the Mississippi River when it opens in 2017. That project will include a 900-room InterContinental hotel, which will be that brand’s largest in the Americas region.

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