Oceanwide Plaza – now under construction in Downtown Los Angeles

"We've been involved with the Oceanwide Plaza project going back more than 11 years. It's good to see the project finally break ground and to see the team's vision becoming Oceanwide Plaza Downtown Los Angeles, Californiaa reality," says Justin Conaway, Terra-Petra Vice President and General Manager. 

DOWNTOWN'S $1B OCEANWIDE PLAZA
Patricia Kirk, Bisnow

Representing China’s Oceanwide Real Estate Group, local brokerage firm Kennedy Wilson has established a new website for Downtown LA’s $1B Oceanwide Plaza, which is under construction, and posted new renderings of the project.

Designed by the Los Angeles office of RTKL, the nearly 1.5M SF development on a 4.6-acre site at 1101 S Flower St includes three high-rise residential towers with 503 condos and 183 hotel rooms, 167k SF of retail space and 1,444 parking spaces.

Plans also call for a series of pedestrian paseos between Figueroa and Flower streets, a 37k SF open-air deck atop the retail space, and large public plaza for visitors to sit and enjoy the modern landscape, according to Urbanize LA. Additionally, a 32k SF LED ribbon, possibly the largest on the West Coast, will wrap the building's podium along Figueroa between 11th and 12th streets. [ULA

Oceanwide Plaza Downtown Los Angeles, California Oceanwide Plaza Downtown Los Angeles, California

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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Terra-Petra working on eleven of top fifty construction projects in Los Angeles

Environmental engineering firm, Terra-Petra, is currently working with close to 42% of the top 50 construction projects in the Los Angeles area—as listed by the Los Angeles Business Journal in the publication’s new (2015) Book of Lists.

Los Angeles, CA (September 22, 2015) — Terra-Petra, a national environmental engineering headquartered in Downtown Los Angeles has announced that the firm is currenly working with 24% of the top 50 major construction projects currently underway in Los Angeles County—as listed on the Los Angeles Business Journal’s 2015 Book of Lists. This complete collection of data on industry leaders in a variety of industries was researched by the LABJ editorial team of the past year. The top construction projects have been ranked by construction cost and excludes infrastructure projects

According to Justin Conaway, Vice President of Terra-Petra. “Terra-Petra has been fortunate enough to have the diverse service offerings which have allowed us the opportunity to bid on a wide array of these developments. Our customer intimacy strategy allows us to offer a great value to our clients, I truly believe that our close customer/client relationships have differentiated us from our competition and has permitted us to secure many of these contracts.”

Terra-Petra’s involvement with most of the construction projects listed on LABJ’s Top 50 list ranges from methane testing, mitigation design and inspection to building envelope waterproofing consulting and inspection. “Hopefully our recent contributions will help to ensure that each project we work on is safe and successful,” says Kevin Buchanan, Terra-Petra President.

Working with 11 of the top 50 , Terra-Petra is currently supporting three of the top four ranked projects (number 1, 2 and 4) as well as with numbers 14, 16, 21, 25, 27, 41 and 47 and 50. Justin Conaway is also currently working on a bid with one other project on the LABJ list. Read the Top 50 Construction Projects in Los Angeles list here: Page 1, Page 2, Page 3.

“More realistically there are only 28 projects listed that are probably in a methane/methane buffer zone. So to be more accurate we are working on 42% of all potential projects on this list that we could bid on. That is a pretty impressive market share considering all of the local competition,” says Conaway.

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About Terra-Petra

Terra Petra’s expertise includes soil gas characterization, remediation, and in the design and inspection of gas mitigation systems for buildings of all types – including commercial, multiple family, single family, industrial, institutional and retail. We are methane experts and methane gas specialists. Our services include: Methane, Brownfield, Vapor Intrusion, Landfill, Oil Field, Site Closure, Geology/Hydrogeology and Radon as well as full service waterproofing consulting and services. Terra-Petra takes charge of every specific challenge from the very beginning of every project to engineer sustainable system and design cost-effective systems. For more information, visit: www.terra-petra.com.