The Kor Group and Stork/Alma Development Group Begin Construction on 148-Room Downtown LA Proper Hotel

The Kor Group | October 31, 2016

LOS ANGELES, CALIFORNIA (October 28, 2016) – The Kor Group, along with joint venture partner Stork/Alma Development Group, is proud to announce that the team has started construction on the Downtown LA Proper Hotel, a 148-room lifestyle hotel that will be managed and branded by luxury lifestyle operator Proper Hospitality. Financing provided by EB5 Capital, Bank of the Ozarks and Calmwater Capital. McGuire Builders is the general contractor and Kelly Wearstler is leading the interior design. The project, which was first announced in July 2015, is slated to open in Spring 2018. Housed in the former YWCA building on the Historic Bro...