The new theater will be part of Caruso’s Grove-style open-air mall, set to open next year.
The downsizing from 19 stories to 16 stories comes after a controversy over the shopping mall developer’s campaign contributions. It’s scheduled for a final vote by the City Council next week.
As Caruso’s La Cienega tower awaits final approval, the Los Angeles Times reports that, over the past five years, the developer and his family and employees have contributed about $470,000 to elected officials and their pet projects.
The contemporary, 19-story tower would bring 145 units, a grocery store, restaurant, and about 28,700 square feet of public open space to a triangular-shaped lot on La Cienega.
His condo at The Americana at Brand was smaller than advertised, so he sued in small claims court. The financial victory was relatively small, but he says it's not about the money, it's "more of a moral victory."
Rick Caruso adds to his empire of malls that look like nostalgic Main Streets with Palisades Village in Pacific Palisades. He envisions turning the posh neighborhood's sleepy main drag into a fully Grovey retail heaven, as seen in new renderings.