Lendlease, an international property and infrastructure company, has announced the completion of the initial mat foundation pour for the Oceanwide Plaza development in Downtown Los Angeles.  This milestone will allow for vertical construction of the project to begin.

The initial pour, which occurred during March 25th-26th, is described as one of the largest construction mat pours in the Los Angeles history.  Crews from Lendlease worked with 700 concrete trucks to pour 7,000 cubic yards of concrete over 700 tons of rebar.

The full foundation will be completed in four phases, consisting of more than 25,900 cubic yards of concrete and six-million pounds of rebar.

The $900-million mixed-use development consists of three high-rise towers over a large podium on a 4.6-acre site directly across the street from Staples Center and L.A. Live.  The 49-story north tower, currently the second tallest building under construction in Los Angeles, will consist of 164 luxury condominiums and a five-star, 183 room hotel.  The twin south towers will each rise 40 stories, featuring a combined total of 340 condominiums.  All three buildings will sit atop an eight-story podium featuring 160,000 square feet of retail space and 1,440 parking spaces.

Oceanwide Plaza is one of several ongoing projects that Lendlease is managing in Downtown Los Angeles, including the adjacent Circa development and the Ten50 condominium tower.