CONTRIBUTING A PART OF HISTORY
For now, Oceanwide Plaza remains a symbol of a different side of the city.
“There’s nothing more DIY, do-it-yourself, than organising with a group of your friends to transport hundreds of pounds of paint up to the top of a skyscraper and pull off a large-scale painting,” said Mr Dunleavy.
“I think that when you see things like that happening in the city, especially on this scale, it indicates that there’s a really strong underground art community in that city.”
Meanwhile, the stalled real estate project has raised concerns in Los Angeles about working with Chinese companies, said observers.
“So China is, for this project, really persona non grata downtown. The people really resent that,” said Mr Weiss.
“This whole neighbourhood has been torn up for maybe eight to nine years, and they don’t like it. They are paying good rents for apartments down there.”
Observers said the priority for the city now is to move on and find a buyer willing to take on the risk – and the potential reward – to put their name on a development that has become a part of local history.
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