Award

Office of the City Administrative Officer, City of Los Angeles SC10CO27114213M-TOT

HOTEL DEVELOPMENT INCENTIVE PAYMENT

Recipient

CORE/RELATED GRAND AVE JV LLC

Award Amount

$2,576,824.60

Ceiling

$2,576,824.60

Awarded

September 24, 2026

Identifier

SC10CO27114213M-TOT

This purchase order documents a single-transaction award from the Office of the City Administrative Officer, City of Los Angeles, to vendor CORE/RELATED GRAND AVE JV LLC for a hotel development incentive payment amounting to approximately $2,576,824.60. The award, dated September 24, 2026, was part of a contract under the GRAND AVENUE HOTEL PROJECT TRUST FUND, with multiple line items totaling the awarded amount. The procurement involved contributions to a hotel project, with payments processed via EFT. The award is related to the GRAND AVENUE HOTEL PROJECT, with the payments categorized under contributions to other agencies. All transactions occurred in Los Angeles, California, USA.

Description

HOTEL DEVELOPMENT INCENTIVE PAYMENT