LOS ANGELES-Construction begins today on the long-awaited Constellation Place, the nearly $500-million high-rise that sheer geography dictates will be the final office tower in Southern California's famed Century City.

GlobeSt.com exclusively reported last December that insiders at developer JMB Realty Corp. were planning to start construction of the 34-story office tower at Constellation Boulevard and Century Park West by this spring.

“We'll start construction in March, if not sooner,” Mark McCaslin of McCaslin Co., the Century City brokerage firm that has been finding tenants for the 34-story office tower, said at the time. “The project is definitely a 'go.'”

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