Downtown Los Angeles
Downtown Los Angeles has seen it’s better days in the since the decline of the economic downturn in the early 2000s. Today the city is bustling with change and development under construction with new buildings, repurposed for both luxury Class A office space and residential living.
Known for some of the most beloved landmarks of Los Angles, such as the Central Library, Angels Flight, and the Bradbury Building.
The Downtown Los Angeles Central Business District (DCBID) began a period of Urban Renaissance that began with the Adaptive Reuse Ordinance (ARO), which permitted converting functionally obsolete buildings to residential. This sparked three key developments: the Staples Center Area, the Cathedral of Our Lady of the Angels; and the Walt Disney Concert Hall. Expansion is continuing to include the Downtown LA Arts District, Creative Office Development, and more to come.