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Rail News Home Rail Industry Trends

2/12/2007



Rail News: Rail Industry Trends

LA MTA, developers break ground on $600 million project at Hollywood & Vine station


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After five years of planning, the Los Angeles County Metropolitan Transportation Authority and developers Gatehouse Capital Corp. and Legacy Partners have broken ground on a joint development project at the Hollywood & Vine Metro Red Line Station.

The $600 million project includes a hotel, 375 luxury apartments, about 50,000 square feet of retail space and transit plaza improvements. Construction is expected to be complete in 2009.