Australian residential developer Crown Group has taken the next steps in its first move into the United States, where it plans to develop a mixed-use high-rise condominium and hotel tower in LA’s Downtown district.Crown Group has formed a joint venture with Singapore-based Magnus Property Pte Ltd and one of Indonesia’s biggest property developers, ASRI, the premium lifestyle brands division of Agung Sedayu Group.
The 43-story tower will be designed by Koichi Takada Architects. It will embody Crown Group’s philosophy of melding inspired architecture with a futuristic vision of a new way of living. The high-rise sections of the building will comprise 319 condominiums with an exclusive residents’ retreat over the top two floors and a façade design that references California’s gigantic ancient redwood trees. A dramatic street canopy will ground the tower and incorporate a “breathing green wall” designed to improve the city’s air quality and introduce a unique landscaping feature.
Crown Group’s LA office is also in discussions with several luxury hotel brands to incorporate a 160-key hotel in the low rise of the building. The project is expected to be completed in 2024.
Rendering: Koichi Takada Architects