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Last year, it was announced that the 4.6-acre parking lot across from DTLA's Staples Center in South Park was set to host a 49-story residential/hotel tower called the North Tower. The $1-billion Fig Central megaproject will also include two additional high-rises, 200,000 square feet of commercial space that will feature an outdoor shopping center, and a celebrity chef restaurant. The North Tower's luxury hotel will be outfitted by none other than famously flashy Italian designer Roberto Cavalli, complete with an airhorn-ready, fist-pump-friendly Cavalli Club.
Our sister site Curbed LA has rounded up RTKL's sparkly new renderings of the project, which also illustrate "an expansive outdoor green space for residents that will sit above the retail and commercial component of the project and include a dog park, playground, and jogging track." If that's not enough, "developers Oceanwide Holdings Company are wrapping the whole thing in an enormous LED ribbon sign measuring more than 32,000 square feet. The great heights of this towering development will alter not only street life on Figueroa, but also the physical skyline."
Although the North Tower's condos are expected to go on sale starting in 2017, the full Fig Central project will be completed by 2018.