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News & Publications >> Press & Media >> LT Platinum Center Will Surpass Initial Vision

LT Platinum Center Will Surpass Initial Vision

William R. Devine in GlobeSt

GlobeSt.com (January 10, 2017) The roughly $450-million mixed-use community proposed near Angels Stadium—which has been unanimously approved by the City—was stalled by the recession, but is back and better than ever, Allen Matkins’ Bill Devine tells GlobeSt.com. Devine was instrumental in getting the project through the entitlement process. LT Platinum will generate $1 billion in total economic progress for the region, according to Allen Matkins. Proposed by LT Global Investments Inc.—a Los Angeles-based subsidiary of LT Commercial Real Estate Limited, a Hong Kong-listed company—the 14.8-acre development is a true mixed-use community, now entitled to include 150 for-sale condominiums, 255 market-rate apartments, 433,000 square feet of commercial space, 77,000 square feet of office space, a 200-room hotel, an urban park and people space and roughly 3,200 parking spaces.