By Shane Reiner-Roth, Reporter: The Architect’s Newspaper – Australian firm Koichi Takada Architects, in collaboration with MVE + Partners as the architect of record, has unveiled its latest design for Sky Trees, a 43-story tower set for the corner of 11th Street and Hill Street in Downtown Los Angeles. Crown Group, the Singapore-based developer of the project, is hoping to start construction by the end of next year and has set an estimated budget of $500 million. “It’s rare to find the central district of a large cosmopolitan city on the verge of such significant change,” said Crown Group chief executive officer Iwan Sunito in a statement, according to Urbanize Los Angeles. “Downtown is experiencing a once in a generation revival – led by the heightened convergence of tech, media, and entertainment in Los Angeles.”