Oceanwide Plaza May Finally Be Coming Back to Life

Remember the graffiti-covered Oceanwide Plaza towers? They may finally be finished.

A bankruptcy court has approved the sale of the long-stalled Downtown Los Angeles project, clearing the way for construction to potentially resume after years of sitting idle.

According to Oron Maher, bringing landmark developments back to life sends a powerful message that investors still believe in Downtown Los Angeles.

The bigger question is what happens next. If Oceanwide Plaza moves forward, could its revival help restore confidence and attract more capital to the downtown market?

Do you think Oceanwide Plaza’s revival will attract more investment downtown?

Share your thoughts below.

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Oron Maher

About the Author

Oron Maher

Founder & Broker-Director, Maher Commercial Realty

Oron Maher is the Founder and Broker-Director of Maher Commercial Realty, a Beverly Hills commercial real estate brokerage serving Greater Los Angeles and Southern California. A licensed California broker and attorney, he has completed more than $500 million in commercial transactions across multifamily, retail, office, industrial, and net lease, advising owners, investors, and institutions on acquisitions, dispositions, leasing, and investment strategy.

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