Los Angeles Times

Luxury Art Deco-inspired skyscraper planned for Miracle Mile in Los Angeles

LOS ANGELES - The Miracle Mile has demonstrated new vitality in recent years as apartment complexes with shops and restaurants opened in advance of upcoming mega developments at the Los Angeles County Museum of Art complex.

Now, the storied stretch of Wilshire Boulevard that was once a premier Los Angeles address is poised to get a further lift in the form of a soaring $400-million luxury apartment skyscraper with Art Deco flair.

The planned 42-story tower near the coming La Brea Avenue subway station would replace a Staples office supply store, and is being proposed by the property's longtime owners: the family of Walter N. Marks, a real estate broker and developer who was so active on the boulevard he was

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