Work gets underway on stalled Fig Central complex near L.A. Live

A skyline-altering retail, residential and hotel complex with three high-rise towers in the bustling South Park neighborhood in downtown Los Angeles is finally moving forward.

Chinese developer Oceanwide Real Estate Group began leveling several structures this month on a sprawling parking lot across from Staples Center on Figueroa Street, paving the way for an early 2015 groundbreaking. The demolition ends years of inactivity at the 4.6-acre lot — long envisioned as the shopping section of the L.A. Live entertainment complex.

Read the entire Los Angeles Times story here:  www.latimes.com/business/realestate/DTLA