More From the Los Angeles Times
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Sept. 23, 2024
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Sept. 23, 2024
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The ambitious makeover of the Bloc from a bunker-like indoor mall from the 1970s into an open outdoor center ran substantially over budget and a year and a half behind schedule. Ratkovich Co. President Wayne Ratkovich, above, says the troubled project is finally coming together.
(Brian van der Brug / Los Angeles Times)Unexpected construction issues slowed work and helped drive costs well over the original $180-million budget for the Bloc.
(Brian van der Brug / Los Angeles Times)Views from the top observation deck at 700 S. Flower Street.
(Brian van der Brug / Los Angeles Times)TThe Bloc’s hulking garage for 2,000 cars was renovated as part of the mall project. The Bloc is now 76% leased.
(Brian van der Brug / Los Angeles Times)The price of the Bloc’s makeover jumped $70 million to more than $250 million.
(Brian van der Brug / Los Angeles Times)Developers Ratkovich Co. removed much of the main floor of the old mall to create a sunken public plaza. There is now a direct portal to the busy 7th Street/Metro Center subway station.
(Brian van der Brug / Los Angeles Times)The Bloc is one of downtown L.A.’s most complex and significant real estate developments.
(Brian van der Brug / Los Angeles Times)
As the makeover process dragged on, some prospective tenants bailed out. Above, Bloc tenants enjoy the rooftop oasis.
(Brian van der Brug / Los Angeles Times)An lounge area at the Bloc.
(Brian van der Brug / Los Angeles Times)
L.A. developer Ratkovich Co. created a rooftop oasis and observation deck for tenants of the Bloc’s office building.
(Brian van der Brug / Los Angeles Times)The Bloc is transforming the former Macy’s Plaza in downtown L.A. with a $250-million makeover.
(Brian van der Brug / Los Angeles Times)Sept. 23, 2024
Sept. 23, 2024