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Work gets underway on stalled Fig Central complex near L.A. Live
Work gets underway on stalled Fig Central complex near L.A. Live

A skyline-altering retail, residential and hotel complex with three high-rise towers in the bustling South Park neighborhood in downtown Los Angeles is finally moving forward. Chinese developer Oceanwide Real Estate Group began leveling several structures this month on a sprawling parking lot across from Staples Center on Figueroa Street, paving the way for an early 2015 groundbreaking. The demolition ends years of inactivity at the 4.6-acre lot — long envisioned as the shopping section of the L.A. Live entertainment complex. "There isn't a lot of retail there," said Hal Bastian, a development consultant and longtime downtown booster. "This adds a critically...

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