Suffolk, one of the most innovative and successful builders and real estate enterprises in the country, today announced the topping out of construction of the dual-branded Moxy Los Angeles Downtown and AC Hotel Los Angeles Downtown directly across from the Los Angeles Convention Center and STAPLES Center, on the northeast corner of Figueroa Street and West Pico Boulevard. The 600,000 square-foot mixed-use development is home to a sprawling 37-story tower with 727 guestrooms across two hotels, all within walking distance to numerous entertainment and convention venues.
“The Moxy and AC is a significant project that will activate and enhance the downtown Los Angeles area,” said Ken Summers, General Manager of Los Angeles at Suffolk. “We anticipate that Los Angeles will be making its return as a major travel and tourism hub, and we’re proud to play a role in this project that will make a lasting impact on the region and beyond.”
Developed by Lightstone and with architecture by Gensler, the project will feature modern, all-glass exteriors screened with over 22,000 square feet of premium digital and static signage, featuring the largest continuous, full-motion digital display on the West Coast. The tower will contain dual-branded Marriott hotels, including a 380-room Moxy and 347-room AC Hotel. Spanning nearly half a block, the project brings 8,000 square feet of ground floor retail space, 13,000 square feet of conference and meeting space, and 12 all-new restaurant and bar concepts. Additional amenities include a 34th floor sky lobby with a garden-like terrace bar that features panoramic views and a 6,000 square-foot landscaped pool deck.
A notable development built during an extraordinary time, Moxy and AC is situated in a transit-rich environment, improving the pedestrian experience and revitalizing the busy street front. Overall, the project contributes to the city’s goal of building 8,000 hotel rooms within walking distance of the Convention Center, which continues to undergo a $500 million expansion.
For more information about Suffolk, visit www.Suffolk.com
Suffolk is a national enterprise that invests, innovates, and builds. Suffolk is an end-to-end business that provides value throughout the entire project lifecycle by leveraging its core construction management services with vertical service lines that include real estate capital investment, design, self-perform construction services, technology start-up investment and innovation research/development.
Suffolk is a national company with $4.5 billion in annual revenue, 2,400 employees and main offices in Boston (headquarters), New York, Miami, West Palm Beach, Tampa, Estero, Dallas, Los Angeles, San Francisco, and San Diego. Suffolk serves clients in every major industry sector, including healthcare, science and technology, education, gaming, transportation/aviation, and commercial. Suffolk is privately held and is led by founder, chairman and CEO John Fish. Suffolk is ranked #23 on the Engineering News Record list of “Top 400 Contractors.” For more information, visit www.suffolk.com and follow Suffolk on Facebook, Twitter, LinkedIn, YouTube, and Instagram.
Lightstone is one of the most diversified privately held real estate companies in the United States. Active in 24 states across the country, Lightstone develops, manages and invests in all sectors of the real estate market, including residential, hospitality, commercial, and retail. With 132 existing properties nationwide, Lightstone’s over $6.5 billion portfolio currently includes over 4 million square feet of industrial, retail, and commercial properties, over 15,000 residential units, and 4,300 hotel keys.
Headquartered in New York City, Lightstone continues to grow its development portfolio with over $3.5 billion currently under development in the residential and hospitality sectors spread across New York City, Los Angeles, and Miami.