For more than a decade now, Downtown Los Angeles has been transforming itself from a cluster of old office buildings to a dynamic community filled with cultural and entertainment destinations. Shops, restaurants, hotels and other new establishments are popping up virtually every week and there are now more Downtown LA condos and lofts to choose from than ever before.
There’s a wide range of factors that have contributed to the blossoming of Downtown LA, including the Adaptive Reuse Ordinance, which allowed for the conversion of office buildings into residential spaces, and the development of the Staples Center, LA Live, the Walt Disney Concert Hall, the Cathedral of our Lady of the Angels, and so on. People are moving back to Downtown LA and the area’s revitalization is attracting the interest not only of local buyers, but of foreign investors as well.
Developments and redevelopments of commercial, residential and mixed-use spaces are continuing at a swift and steady pace. One of the most exciting projects that has everyone on tenterhooks is the restoration of the streetcar system, which is set to make Downtown LA even more accessible.
Then there’s the Eli and Edythe Broad Art Museum, christened the Broad, currently under construction on Grand Avenue. Opening in late 2014, the museum will feature the Broads’ almost 2,000-piece collection of modern art.
Neighborhoods and Buildings in Downtown LA
Downtown Los Angeles is composed of a diversity of distinct neighborhoods and an equally varied selection of Downtown LA condos, lofts and apartments, many of which look out on incredible views of the skyline.
Here’s a sampling of what you’ll find here:
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• Arts District
– The Yards – Toy Factory Lofts – 940 E. 2nd – Toy Warehouse Lofts – Biscuit Company Lofts – Molino Street Lofts – Barker Block – Gallery Lofts – Beacon Lofts • Bunker Hill – Bunker Hill Tower Condominiums – The Promenade Condominiums – Promenade West Condominiums • Fashion District – Textile Building – Santee Village Lofts – The Eckardt, Cornell • Financial District – Library Court – 655 Hope |
• Historic Downtown
– El Dorado – Pan American Lofts – Rowan Building Lofts – Bartlett Building – Douglas Building Lofts – Tomahawk Building – Eastern Columbia Lofts – Higgins Building • Little Tokyo – Teramachi Senior Housing – Savoy – Mura – Little Tokyo Lofts • South Park – Market Lofts – Sky – The Ritz Carlton Residences, L.A. LIVE – Flower Street Lofts – Elleven – Grand Lofts – Luma – Concerto – Evo |
Ready to rediscover Downtown LA? Check out my Properties page or use the MLS search tool to find out what your options are in Downtown LA condos and lofts. Whether you’re looking to invest in Los Angeles real estate or you’re purchasing your first home here, Downtown LA is the place to be. Get in touch with me today!