The Bloc DTLA is Opening Soon – Renovated Downtown LA Macy’s Plaza Shopping Center

For more than 10 years now, downtown L.A. has been gentrifying right before our very eyes. Besides the monthly Downtown L.A. Art Walk, a new Whole Foods market, and amazing live-work industrial-residential lofts for sale and for lease, we can now look forward to a newly renovated open-air shopping mall in DTLA.

Find homes near The Bloc in Downtown Los Angeles:

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SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
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Originally opened in 1973, Macy’s Plaza property is now undergoing a $160 million modernization as visualized above.

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A Ratkovich spokeswoman says that when it’s finished, The Bloc, as it will be known, will be “the single largest mixed-use property in L.A.”

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The huge building will contain 1.8 million square feet of retail, office and hotel space at 7th and Hope streets in Downtown Los Angeles. Construction is well under way, and while some of it may be completed by the end of 2015, much will not be done until sometime in 2016.

The Bloc will be an open, pedestrian, bicycle, and commuter-friendly complex. The project will also include a luxury office tower and a remodeled 485-room Sheraton Hotel. A new Italian steakhouse, TLT, Urban Oven, and Popbar are all slated.

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One restaurant, already open, is called District on the Bloc. There diners can enjoy Scottish salmon, porcini-dusted whole branzino, sunchoke puree, rapini, heirloom carrot, sundried tomato and sherry jus. A visit there is not complete without a Moscow mule.

The remodeled mall is also expected to welcome a Starbucks Evenings location with on-site beer and wine licenses not far from where a new subway access point is being built.

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A new pedestrian tunnel will LA’s busiest subway station, 7th Street-Metro Center, with The Bloc, allowing convenient roaming between Metro trains, shopping and dining.

FIND OUT HOW MUCH YOUR DOWNTOWN LOFT IS WORTH

Corey Chambers Realty Source Inc BRE#01889449

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PRICING YOUR LOFT TO SELL FAST FOR THE MOST MONEY

little-tokyo-lofts-courtyard-phThe Washington Post just reported that overpricing a home by a can be a costly mistake for a seller.  The article states that putting the right price tag on a home right out of the gate gives the seller the best opportunity to maximize the return on investment because the excitement of a new listing attracts the peak number of buyers within a week. Sellers who start with a price that is too high can be missing the best opportunity to gain the attention of the largest number of buyers. This often results in a longer selling time and lower price.

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Many sellers don’t realize that home buyers are comparison shopping.  Just like car buyers, the home buyers focus on the homes that they feel represent the best value. Most home buyers are reluctant to place an offer on overpriced homes. They eliminate them before they get to the showing process.

After about 30 days on the market, the listing is then considered to be stale. Buyers and agents will be begin to suspect that the property could have something major wrong with it, or that the seller is not serious about selling the property.  #lofts #prices

A new report has just been released which reveals 7 costly mistakes that most homeowners make when selling their home, and a 9 Step System that can help you sell your home fast and for the most amount of money. Get a copy of the free report at www.SellerMistake.com.

Find homes in Downtown Los Angeles:

LOFT & CONDO LISTINGS DOWNTOWN L.A.  [MAP]

button        button (1)        

SEARCH LOFTS FOR SALE UNDER $400,000  |  $800,000,  |   $30,000,000
Browse by Building  |  Neighborhood  |  Size  |  Bedrooms  |  Pets  |  Parking

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