A new environmental report offers up additional details on Shenzhen Hazens Real Estate Group's proposed redevelopment of the Luxe Hotel in Downtown Los Angeles.

The L-shaped property at 1020 S. Figueroa Street, currently developed with a mid-rise hotel and associated parking lot, is located directly across the street from Staples Center and the L.A. Live complex.  Under plans from the Chinese developer, the existing structures would be demolished for a trio of high-rise towers featuring hotel rooms and condominiums above approximately 80,000 square feet of commercial space.

The $700-million project, designed by the global architecture firm Gensler, is expected to move forward in two phases.  City records indicate that the developer plans to first build upon a surface parking lot at the south end of the property.

A 34-story, 430-foot tall building at Figueroa and 11th Streets would house the proposed W Hotel and its 300 guest rooms.  Hotel amenities would be situated at the building's podium and roof levels, including a swimming pool, a spa and an outdoor garden.

Immediately west at the corner of 11th and Flower Street, plans call for the construction of a 32-story, 490-foot building which would house 290 condominiums.  The proposed tower would provide a variety of floor plans, including lofts, studios, penthouses, as well as one-, two- and three-bedroom units.  As with the hotel tower, guest amenities such as a pool area, a fitness center and lounges would be situated atop the building's roof and on the podium level.

Following the completion of these two buildings, Hazens would begin demolishing the existing Luxe Hotel to build an additional condominium tower.  The proposed 38-story building, rising to a maximum height of 540 feet, would offer 360 dwelling units with a similar mixture of floor plans to its phase one counterpart. Plans also call for 14 live-work units on levels three and four of the building, as well as rooftop and podium-level amenity decks.

The podium structure, spanning across the entirety of the site, would stand 75 feet in height and offer commercial space on its first two floors, and amenities for residents and hotel guests on floors three and four.  Parking would be located on four below-grade levels.

The project is being designed in a contemporary architectural style, similar to other mixed-use developments on surrounding blocks.  The glass towers would be positioned at opposite corners of the site, framing the property to allow for maximum daylight and view corridors.

A notable feature of the project is a public plaza which would front Figueroa Street.  At 5,000 square feet, the plaza would offer landscaping, outdoor seating and public art displays that mesh with the MyFigueroa streetscape project.

As with many buildings in the Los Angeles Sports and Entertainment District, the Luxe redevelopment would feature prominent digital and static signage.  Most notably, the Hazens project would wrap much of its podium with an approximately 60,000-square-foot LED ribbon, including a vertical expanse up the hotel tower.  This is similar to the screen which will be employed on the neighborhing Oceanwide Plaza development.

According to the environmental report, Hazens is aiming to begin contruction of phase one in the third quarter of 2017, with completion expected by the second quarter of 2020.  The second phase would commence immediately thereafter, and finish work by the first quarter of 2023.