In downtown Los Angeles, Greenland USA has opened a Hotel Indigo reminiscent of residential structures in China.

A CHINESE DEVELOPMENT company is bringing a big taste of modern China to Los Angeles and other parts of the U.S.
Greenland USA has opened a Hotel Indigo, a lifestyle brand of InterContinental Hotels Group, at the company’s Metropolis, a towering condominium project that mirrors residential structures in Greenland’s home of Shanghai.
The company is just one of several Chinese real estate investors sinking billions into new residential and hotel projects in Los Angeles, changing the city’s landscape.
Greenland’s $1 billion project is providing high-end housing that Greenland said is in demand in the West Coast city. Greenland is building three towers that will including homes, retail space and parking on 6.33 acres.
The 19-story, 350-room Hotel Indigo Los Angeles Downtown joins Residential Tower 1, which has 38 floors and 308 residential units. The second phase of the project includes the retail component. Tower 2 is set to open next year. One of the towers will be 54 stories tall and have 740 condominiums. The other will be 40 stories tall with 510 units. Both will sit on an eight-story structure that includes retail, apartments and parking.
It is Los Angeles’ first Hotel Indigo. Greenland worked out a deal with the city that will allow it to keep $39 million in room and other tax revenue over 25 years. IHG will manage the property.
The hotel’s design concept is by Hirsch Bedner Associates, which was inspired by the 1920’s Prohibition era, infusing elements from underground speakeasies, the Fiesta de las Flores parade, the early Hollywood film industry and L.A.’s Chinatown.
It is the first hotel Greenland USA has developed. Its parent company, Greenland Group, has other IHG hotels in China. Hu Gang, CEO of Greenland USA, called the opening of the Hotel Indigo “an important step forward in our commitment to developing transformative properties and supporting the local downtown community.” He noted the project created 2,700 jobs.
The land on which Metropolis is being built long stagnated as economic downturns caused fits and starts in development. In 2014, Greenland USA acquired the site, then a parking lot, for $150 million.
Metropolis will have acres of greenspace and wide sidewalks to encourage pedestrian activity. The Hotel Indigo is within walking distance of L.A. attractions such as the Staples Center and the Los Angeles Convention Center, museums, shops, sport and concert venues, restaurants and bars.
Joining Greenland in L.A. are other Chinese-based real estate companies. Oceanwide Holdings is constructing a $1 billion mixed-use project across from the Staples Center. The L.A. Times reported Oceanwide paid $174.8 million for a 4.6-acre site. The plans include a luxury hotel, 500 residences and 170,000 square feet of retail space.
Also across from the Staples Center, Shenzhen Hazens Real Estate Group Co. plans to raze the Luxe City Center Hotel to make way for a $700,000 project that includes two condo towers with 650 units and a 300-room W Hotel. Shenzen Hazens paid $104 million for the 2.5-acre site in 2014, according to news reports.