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Related Welcomes $290M Infusion from New Chinese JV Partner

Related Companies introduced a new joint-venture partner and an updated development timeline for the proposed $950-million Grand Avenue project in DTLA. LA’s City Council found favor with both changes.

Chinese firm, CCCG Overseas Real Estate Pte. Ltd, (CORE), is investing $290 million in the mixed-use project, which will be its first major project in the U.S. CORE is the real estate arm of the China Communications Construction Group.

The long-delayed development is now slated to break ground in 2018, and open in 2022. The Frank Gehry-designed project is proposed to include a residential tower with up to 450 units, a 300-room Equinox hotel, as well as 200,000 square feet of retail and restaurant components and a large public plaza along Grand Ave.

*Gehry Partners Rendering

For comments, questions or concerns, please contact Dennis Kaiser


Inside The Story

Read more at Downtown NewsConnect With Related’s Kenneth Himmel

About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Development