Like living in LA wasn’t good in itself that we have been given the opportunity of living in one of the tallest skyscrapers of LA but we are most certainly not complaining. What can turn out to be one of the most ambitious projects in downtown, LA is what we have showcased right here. The ambitious project is a $1-billion high-rise condominium complex overlooking Pershing Square park in Downtown Los Angeles. The LA Times reveals the rendering for what will be the tallest residential building west of Chicago. The taller tower is 76 stories and will be one of Los Angeles’s tallest skyscrapers. The shorter tower will be 43 stories. Construction could start as soon as early 2008, and the smaller tower, which will also be home to a 14-story five-star hotel, could be open by 2010. The project’s massive scale (732 condos and 218 hotel rooms) have some Los Angeles real estate watchers clucking nervously but it is hoped that in a few years the real estate market will have recovered and condo hunger will be on the rise again.