Hanjin International Corporation and Korean Air, working
with developer Thomas Properties Group, are proposing the redevelopment of the Wilshire Grand Hotel and Centre.

This project will transform an entire city block at the corner
of Wilshire Boulevard and Figueroa Street in downtown Los Angeles by replacing the existing, aging Wilshire Grand Hotel and office building with a new mixed-use development including a four-plus star hotel, a new office tower, new residential and amenities including restaurants, retail shops, and a pedestrian friendly landscaped plaza.

Located adjacent to the 7th Street / Metro Center Station, where the Red Line meets the Blue and Purple Lines, this project will set the benchmark in downtown Los Angeles for transit-oriented development and sustainability.

The new Wilshire Grand will become a landmark destination and will help generate additional bookings of large-scale conventions and events at the Los Angeles Convention Center. Its office building will be the first Class-A office tower to be constructed in downtown Los Angeles in over twenty years.