IHG to Develop New InterContinental In Downtown Los Angeles

LOS ANGELES—IHG has signed a new 900-room InterContinental Hotels & Resorts property downtown here.

The luxury hotel is part of Korean Air and Hanjin Group’s more than $1.1 billion new-build Wilshire Grand project. Once completed it will be the largest InterContinental hotel in the Americas region.

The 73-story, 1,100-foot tall development is set to be the tallest building in the western United States, providing unobstructed 360-degree views of Los Angeles, according to IHG. Currently under construction, the development will house the InterContinental hotel as well as offices and retail space on the lower floors. The hotel is located on the 70th floor and will feature a sky-lobby. The property is set to open in 2017 and will be the first hotel built by Korean Air in the U.S.