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The Rise and Fall of Oceanwide Plaza: A Tale of Abandonment
In early 2024, a trio of skyscrapers in downtown Los Angeles garnered national attention for all the wrong reasons. Oceanwide Plaza, once heralded as a major mixed-use development, has sat abandoned for years, overtaken by graffiti artists and vandals. This story isn’t just about urban decay; it’s a cautionary tale of ambitious development projects gone awry, fraught with twists of financial mismanagement and changing economic tides.