Korean Air's downtown Los Angeles hotel will open in 2017


Korean Air, which first pitched a hotel at the site of downtown Los Angeles' now-shuttered Wilshire Grand in 2009, has set a 2017 opening date and released further details about the $1 billion mixed-use project.

The development, now known as the Wilshire Grand Project, will have 900 four-star rooms as well as 400,000 square feet of offices and about 45,000 square feet of retail space. No management company or brand has been disclosed.

The 73-story, glass-sheathed building will have a 70th-floor hotel lobby and will include a spire that tops out at 1,100 feet, making the structure about 80 feet taller than the U.S. Bank Tower, Los Angeles' tallest building.

The project will be designed by L.A.-based architecture firm AC Martin Partners, whose 100-year-plus history includes Los Angeles City Hall and downtown's Security Pacific Plaza (now Bank of America Plaza).

The 1,275-room original Wilshire Grand, which opened as the Statler Hotel in 1952, closed in 2011.

Korean Air, which has owned the site since 1989, is adding rooms in a Los Angeles hotel market where demand growth has outpaced most of the country's. Last year, revenue per available room (RevPAR) for hotels in the Los Angeles-Long Beach area jumped 11% from a year earlier, compared with a 6.8% RevPAR increase for the country, according to Smith Travel Research.

The plan Korean Air pitched in April 2009, which set a completion date of 2014, called for two towers that would include a 700-room hotel, condominiums and offices.

Follow Danny King on Twitter @dktravelweekly.


From Our Partners

2018 Windstar Logo
Beyond Ordinary Care and What’s New with Windstar
Register Now
Wellness horizontal
Guide to Wellness
Read More
2020 United Webinar
United Airlines is opening up Florida in a big way this winter!
Register Now

JDS Travel News JDS Viewpoints JDS Africa/MI