Another Convention Center Hotel Slated for Financial Assistance from City (Urbanize LA)

Another developer with plans for a high-rise hotel near the Los Angeles Convention Center is angling for a financial incentive package, according to a motion introduced yesterday by City Council member Gil Cedillo. Sandstone is seeking financial incentives to for the project similar to those offered to other large hotel developments near the Convention Center,...

New details emerge for Sandstone Properties’ DTLA hotel project (The Real Deal)

Sandstone Properties revealed new details about its 730-key hotel project near Downtown Los Angeles. Dubbed the Albany, the development is slated to replace a vacant 150,000-square-foot warehouse on Pico Boulevard. The project will rise less than half-a-mile away from the L.A. Convention Center, one of many developments that are transforming the surrounding area. https://therealdeal.com/la/2019/04/02/new-details-emerge-for-sandstone-properties-dtla-hotel-project

Renderings Revealed for 37-Story Hotel Tower Planned Near the L.A. Convention Center (Urbanize LA)

The Albany project, which comes from Los Angeles-based real estate investor Sandstone Properties, will replace a currently-vacant building located at the intersection of Pico Boulevard and Albany Street — immediately west of the Harbor Freeway.  Plans call for a 37-story building which would feature 730 hotel rooms, 63,000 square feet of banquet space, and more...

Sandstone doubles down in Warner Center with 610-unit project (The Real Deal)

Sandstone Properties is back at work and doubles down in Warner Center with plans for a major residential project, its second of the year there. The Westwood-based firm wants to build two residential towers — one 25 stories the other 27 stories — and a total of 610 units at 6400 Canoga Avenue. https://therealdeal.com/la/2018/06/14/sandstone-doubles-down-in-warner-center-with-610-unit-project/

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