Thanks for 6,000 subscribers!

---------------------------------------------------------------------

The Oceanwide Plaza towers, once set to be the largest mixed-use development in downtown LA, have faced numerous challenges, including poor US-China relations and a volatile real estate market. Construction began in 2015 but halted multiple times due to financial issues and lawsuits. By 2023, the project faced foreclosure and was listed for sale, needing significant investment to complete. Vandalism and graffiti in 2023/2024 further tarnished its reputation. Despite its uncertain future, there's hope that a new buyer can transform the site to meet current real estate demands, possibly involving smaller apartments and rethinking retail space.

-----------------------------------------------------------------------

Fair Use Disclaimer:

This video contains copyrighted material used under the guidelines of fair use. The purpose of this video is to provide commentary and critique on the Chicago Spire's story, and the content is transformative in nature. It is used for educational purposes, with the intention to inform and entertain viewers. All rights to the copyrighted material are retained by the respective owners.

If you believe your work has been used in a way that does not fall under fair use, please contact me directly for resolution on the "community" tab of my channel.

свернуть