Chinese developer continues to impress with amazing new South Park project “Oceanwide Plaza”. The 1 billion dollar mega complex, bounded by 11th & 12th Streets and Fig & Flower, sits on 4.6 acres, will house the new Park Hyatt hotel, 504 condo’s for sale and 150,000sf of commercial space. The renderings below, courtesy of UrbanizeLA.com take downtown to a whole new level! The project is projected for completion in 2019 and will have 3 high rise towers.