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Los Angeles City Council Moves Foward With $700M Office Tower Plan

Los Angeles Times-

The Los Angeles City Council moved forward Tuesday with a construction and financing plan for a $708-million downtown office tower for city workers on the site of the Police Department’s former headquarters, Parker Center.

The council voted unanimously to back a public-private development model, which involves hiring an outside development team to oversee construction, financing, operations and maintenance of the project.

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