This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated.

An office tower for Los Angeles city workers to replace Parker Center, the former LAPD headquarters, would cost about $700 million to build, according to a new report.

A previous city-commissioned analysis said the office tower would cost $483 million, but that figure didn’t account for rising construction costs or so-called soft costs, which include design work and project management. These costs were included in a more complete analysis of the project in a report released last month.

The report also estimates $32.3 million in costs for the demolition of Parker Center and predesign work, which isn’t included in the $700-million figure.

Led by City Councilman Jose Huizar, the council backed a plan last year to tear down Parker Center, the 1955 building named for controversial former Police Chief William Parker, and erect a new office tower.

Read the full story on