The principals of Angels Landing Partners, LLC today reaffirmed their commitment to move forward with Angels Landing, their $2 billion luxury hotel high-rise development in downtown Los Angeles. Angels Landing is a project of Angels Landing Partners, LLC, comprised of MacFarlane Partners, The Peebles Corporation and Claridge Properties, LLC. The project’s environmental impact report (EIR) is presently being reviewed by L.A. City’s land use and planning officials.
Angels Landing, a two-tower, five-star luxury hotel development planned for downtown L.A.’s Bunker Hill neighborhood, will create thousands of new jobs and generate millions in annual tax revenues for Los Angeles, according to an analysis prepared by New York City-based BJH Advisors, LLC.