Exterior work is now underway at the Terrace, a collection of 45 townhomes in the Victor Heights neighborhood of Downtown Los Angeles.

The series of three-story buildings are located at 1015-1035 Figueroa Terrace, a prominent location overlooking Echo Park and Chinatown.  Each home will offer 1,700-square foot floor plans with 3 bedrooms and 2.5 bathrooms, according to the project's official website.

Sales prices will start in the mid-$700,000s.

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Crane Action at Hollywood's Thompson Hotel

11-story building sprouts between Hollywood and Sunset Boulevards.

Construction is now kicking into high-gear at Hollywood's slow-moving Thompson Hotel, with the arrival of a tower crane at 1523 Wilcox Avenue.

The project, which comes from Los Angeles-based developer Relevant Group, will consist of an 11-story building featuring 200 guest rooms, a rooftop pool deck, and multiple food-and-beverage venues.