1950: Builders break ground July 5 on the Hotel Statler, which opens Aug. 6, 1952.
1954: Hilton Hotels buys the Statler hotel chain. Building is renamed Statler Hilton.
1968: $2.5-million renovation completed in November. Building is renamed Los Angeles Hilton.
1989: Korean Air buys the property for $168 million. Name changes to Omni Los Angeles in 1995.
1999: Name changes to Wilshire Grand Hotel.
2011: Hotel closes in December.
2012: Hotel holds liquidation sale. Demolition begins Sept. 24.
2013: Demolition is to be completed in summer. Construction is to begin in August.
2013: Crews start pouring concrete for foundation in November.
2014: Construction of steel framework begins in April.
2015: Tower reaches its height in August.
2017: New Wilshire Grand opens in January.
All future dates are estimated by Turner Construction Co.
Sources: L.A. Times, Turner Construction Co., Cerrell Associates