39-Story, 696-Room Hotel Planned Near L.A. Convention Center (Urbanize LA)

An affiliate of  Westwood-based firm Sandstone Properties filed an application with the City of Los Angeles to allow for the construction of a mixed-use high-rise development at the corner of Pico Boulevard and Albany Street.  Plans call for the construction of a 39-story tower featuring 696 guest rooms above a five-level podium. A project description also indicates plans for nine residential units and a series of food-and-beverage venues.