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Article: Builder makes 'no commitment' on downtown hotel-office plaza. (Ohbayashi America Corp., Pacific Basin Plaza, Los Angeles)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 5, 1990
- Author:
CopyrightCOPYRIGHT 1990 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Builder makes `no commitment' on downtown hotel-office plaza
Complex planned for '93 next to Convention Center
Ohbayashi America Corp., the expected builder of Pacific Basin Plaza -- the $450 million, 1,781-room, hotel-office complex proposed to go up next to the Los Angeles City Convention Center -- last week said it has made no commitments to the crucial development.
"We can make no comment. We have made no commitments," said Aoto Kuni, vice president at Los Angeles-based Ohbayashi America, the domestic arm of Tokyo-based Ohbayashi Inc., Japan's largest contractor.
In a brief interview, Kuni said Ohbayashi still owns two-thirds of ...