As Outlined in Company’s Original Plan, Completion of Metropolis Is on Track for 2019

LOS ANGELES – (May 30, 2018) – Greenland USA, a leading developer of residential and commercial properties, today announced it has obtained a Temporary Certificate of Occupancy (TCO) for the second residential tower at Metropolis, allowing the tower’s first residents to close on their new homes and begin move-ins into the 40-story tower. Metropolis, a $1 billion, luxury, mixed-use property is redefining the standard for downtown Los Angeles living.

“Today marks a significant milestone for the second residential tower at Metropolis and an exciting time as we look to welcome the first residents to this tower,” said Gang Hu, CEO, Greenland USA. “This is a major landmark for Metropolis as this brings us one step closer to the completion of the second and last phase of Metropolis, which includes a curated retail experience and openings of Residential Towers II and III.”

The second residential tower at Metropolis provides expanded offerings including Met 9, a large outdoor 1.5-acre recreational area available exclusively to residents of the second and third residential towers. Residences include a wide variety of studio, one- and two-bedroom floor plans, some with private balconies or terraces.

Metropolis, a 6.3-acre property being built on one of the last substantial parcels of undeveloped land in downtown Los Angeles, is comprised of three residential towers, a boutique hotel and a curated retail experience, all encompassed in towers reaching 18- to 56-stories high. Its modern residences will provide guests and residents with expansive views of the city, mountains and coastline. Metropolis will feature contemporary finishes and a variety of luxury amenities and conveniences that make urban living so desirable, including a gym, outdoor four-lane swimming pool and spa, outdoor kitchen pavilion, dog park and a children’s play area. Phase two which also includes a curated retail experience and opening of Residential Tower III is slated for completion in 2019. More information can be found at www.metropolislosangeles.com.