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7/28/2006



Rail News: Rail Industry Trends

Developer begins to build high-rise, mixed-use complex near LA MTA station



Developer Koar Wilshire Western L.L.C. recently broke ground on a $160 million joint development project near the Los Angeles County Metropolitan Transportation Authority’s Wilshire/Western Station on the Red Line.

Scheduled to open in 2008, the project includes a 22-story building on a 2.6-acre site in the Koreatown/Wilshire Center community. The building will include 186 condominium units, 40,000 square feet of commercial/retail space, common public areas and a subterranean parking garage.



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