Oceanwide Plaza III, Unfinished skyscraper in South Park, Los Angeles, United States.
Oceanwide Plaza III rises 162 meters with 40 floors, forming part of a three-tower complex across from Crypto.com Arena and Los Angeles Convention Center.
The land previously functioned as a parking lot until 2013, when Oceanwide Plaza LLC purchased it for 175 million dollars to develop this project.
The building's unfinished state attracted graffiti artists who covered multiple floors with their art, transforming the structure into an unexpected urban canvas.
The construction stopped in 2019 due to financial issues, with an estimated 1.2 billion dollars needed for project completion and debt resolution.
In May 2024, the property entered a bankruptcy-led sale process, requiring 400 million dollars to satisfy lender obligations and recover investments.
Location: Los Angeles
Floors above the ground: 40
Height: 162 m
Part of: Oceanwide Plaza
GPS coordinates: 34.04198,-118.26542
Latest update: March 3, 2025 02:33
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