Tribune Media, which owns the paper, announced plans Thursday to redevelop the 80-year-old building. Tribune Real Estate president Murray McQueen says the company is actively seeking development partners to convert the property into a "compelling urban project." Tribune says the iconic property in DTLA at 202 West First St and 213 South Spring St is the perfect spot for a mixed-use project. Hard to disagree. In addition, the company plans to renovate the 21-acre site of a vacant printing plant in Costa Mesa. This comes a month after the Chicago firm announced plans to overhaul Trib Tower, home of the Chicago Tribune.
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