By Eddie Kim, Jon Regardie and Nicholas Slayton | Downtown News
DTLA - When it comes to transformative projects, it will be hard for Downtown Los Angeles to top 2017. After all, last year saw the opening of the $1.2 billion Wilshire Grand Center, the tallest building west of the Mississippi. Additionally, the community welcomed its largest recreation space in L.A. State Historic Park, several new hotels and approximately a dozen housing developments.
Opening this year
Trust Building: Nelson and Christopher Rising, who breathed new life into the low-slung Financial District office complex Park DTLA, and later transformed the One Bunker Hill edifice into the shiny and restored CalEdison, are at it again. Their Rising Realty Partners, in partnership with Lionstone Investments, is expected to complete a renovation of the former Title Insurance Building by mid-year. The 320,000-square-foot structure at 433 S. Spring St. is being marketed as creative office space. The 11-story, 1928 Art Deco/Zig Zag Moderne property was originally designed by Parkinson and Parkinson. The project both restores a Historic Core treasure, and stands to propel the community forward by being a hub for new businesses and hundreds of workers.