A Chinese firm started to build a massive tower plaza in Los Angeles but ran out of funds in 2019. The Oceanwide Plaza towers are now mainly used by graffiti artists and base jumpers. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The nearly $4 million sum is just the beginning of a massive financial undertaking in the city, Fortune reported City Councilman Kevin de León said in recent council meetings.

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Persons: —, Kevin de León, Fortune, De León, Mario Tama, Karen Bass, Donald Spivack Organizations: LA's, Service, Angeles City Council, China Oceanwide Holdings, LA Lakers, Getty, Business, Financial, Redevelopment Agency Locations: Los Angeles, Fortune, China, Hong Kong, LA's, Angeles