What Does Convention Center Hotel Mean for Fig Central?

DOWNTOWN LOS ANGELES — While it's definitely great to see the Convention Center Hotel plans now moving forward, Jim raises an interesting question about the specifics of the deal.

nobody seems to have made it to this paragraph in the article about kb home and anschultz taking over the convention center hotel project: "To form its partnership with AEG, KB Home withdrew from a previously announced proposal to build a twin-tower, 700-unit condo project two blocks away with rival Lennar Corp., said Jeffrey Gault, president of KB Urban." fig central is (was?) the project's name.

The real estate / development market sure is an interesting one.