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Downtown L.A.’s real estate transformation is building speed
The area has undergone dramatic change since 2000 and the process of turning it into a 24-hour urban center is accelerating, Derrick Moore of Avison Young says.
Downtown Los Angeles has changed dramatically in the past dozen years from being known as a high-rise office park ringed by poverty to an actual neighborhood where thousands live and more come to play.
Its transformation into a fully rounded 24-hour urban center is far from complete, but the process is well underway and accelerating, said Derrick Moore, a property broker who finds space for such street-level businesses as restaurants, shops and bars.
By Roger Vincent, Los Angeles Times
Carnahan Property Management services Woodland Hills,West Hills, Calabasas, Canoga Park, Tarzana, Reseda, Topanga, Encino, Northridge, Van Nuys,North Hills,Chatsworth, Sherman Oaks, Studio City, North Hollywood, West Hollywood, San Fernando, Granada Hills, Mission Hills, Simi Valley, West Lake Village, Agoura,Toluca Lake, Valley Village, Burbank. Call us at (818) 884-1500 and check if we can service your area.
