57-Story Tower Planned at Pershing Square Skyline-alternate project could bring condominiums, a hotel and new retail space.

While the city moves forward with plans for a $50-million redesign of Pershing Square, a property across the street is lining up for an even more aggressive makeover.

Last week, JMF Development Co. filed plans with the City of Los Angeles to construct a mixed-use complex at northeast corner of 5th and Hill Streets.  The project, as described in a case filing from the Department of City Planning, would consist of a 55-to-57-story building which could move forward under two alternate schemes. Continu reading