The American arm of Chinese developer Greenland Group has completed the final stage of Metropolis, a $1bn, 6.3-acre mixed-use development in the centre of Los Angeles.
Greenland USA’s 56-storey Thea at Metropolis contains 685 apartments, with residents expected to move into the development this winter. Metropolis Tower I and II, both residential developments, were completed in 2017 and 2018, along with the 350-room Hotel Indigo.
The company said Los Angeles’ "parallel design-permitting process" allowed the project to process quicker than usual, as the design process and the permitting process could progress concurrently.
Winston Yan, Greenland USA’s general manager, said: "Delivery of Metropolis’ final residential tower is an incredible achievement and a testament to Greenland’s commitment to Los Angeles.
"We are proud to deliver an on-time programme of this scale in the US. Throughout the lifecycle of this project we have created more than 430 permanent, full-time jobs while employing 1,700 union workers daily.
"By developing a new walkable, inviting community in the centre of LA, we expect the local economic impact to be strong as new families and young professionals as well as commercial tenants call Metropolis home."
Image courtesy of PRNewsfoto/Greenland USA