The Wilshire Grand
Center is on track to open sometime in the spring of 2017. The Conco Companies are doing the structural
concrete work on the new tower, which is located in Downtown Los Angeles. As a part
of the project, Conco broke the Guinness World Record by completing the
largest, continuous mat pour at the site. We are also doing the poured-in-place
core wall that goes up the building and is surrounded by slab on metal deck. To help us more effectively and
environmentally reach the upper levels of the Wilshire, we are using a new
state-of-the art electric pump to pump concrete 400 ft. horizontally and then vertically
up another 1,000 ft.
Slated to become
the tallest building west of the Mississippi, project developers report that
the project “will infuse more than $1 billion into the Los Angeles economy,
create critically needed jobs and sustain the city’s booming travel and tourism
industry into the future.” They go on to
cite that the construction of the impressive skyscraper has created as many as
11,500 high-paying jobs for the construction industry, which was one of the
hardest hit industries during the recent recession. The construction phase is also bringing in
nearly $80 million in tax revenue for Los Angeles and the county.
Another plus for
the area is that once the Wilshire Grand opens, it will support more than 1,750
permanent jobs as well as provide $16 million annually in new tax revenue. Furthermore, with its immense size, the
Wilshire Grand alone will provide almost 20% of the 5,000 rooms necessary to
achieve the Downtown’s goal of adding more hotel rooms to the area. An increase in hotel rooms is considered
necessary in order to continue to expand Downtown L.A.’s travel and
tourism.
Once the Wilshire
opens its doors, it will join other newly constructed Downtown attractions such
as L.A. Live, the Convention Center, Staples Center, Microsoft Theater, Walt
Disney Concert Halls and others. These
are more accessible thanks in part to the addition of 1,000 parking spaces
(some of which Conco helped to build as part of the Nokia Theater and L.A. Live)
and new transit connections.
The Conco Companies are a leading
supplier of concrete services for the Western U.S. and got our start in the Bay
Area in 1959 by offering clients the best value on a wide range of concrete
services and products. Since that time,
we have taken a leading role as one of the top concrete contractors in the region.
Our offices serve California, Colorado, Oregon, Washington and Nevada.
Source:
wilshiregrandcenter.com/project-info/economic-benefits
