Los Angeles officials have asked developers of a massive Hollywood skyscraper project to conduct more studies to determine whether it’s earthquake-safe.
The request came in late July after a USC quake expert voiced concerns.
The Millennium project would build two towers of 39 and 35 stories near the Capitol Records building, creating more than 1 million square feet of apartment, office, hotel and retail space.
Dozens of neighborhood groups oppose the plan and state officials have launched their own study to determine whether a nearby quake fault is active.
The head of Millennium Partners, Philip Aarons, said that there’s no evidence of an active fault and the developer is convinced that the project is safe.
Was this article valuable?
Here are more articles you may enjoy.
Home Insurance at $10,000 a Year Shows California Buyers’ Pain 
‘Great Resignation’ Enters Third Year as Workers Embrace AI, Upskilling, PwC Says 
Big ‘I’ Report: Independent Agency Channel Placed 62% of Premiums in 2023 
Zurich to Buy AIG’s Travel Insurance Business for $600 Million From This Issue
