DTLA’S ARTS DISTRICT
The Arts District neighborhood of Downtown Los Angeles has become the center of a residential Loft boom. Two elements are driving growth. First commercial office space and retail space Like Mateo where we expect to see a boon in goods and services that will cater to residential lofts on the high-value end like Molino Lofts. Residents expect to be able to get what they need right in their neighborhood. A boom in Lofts and Condos feeds demand for retail services. Molino Lofts offers amenities that new residents in downtown have come to expect, like this enclosed patio with citywide views. Once so many residences have what they want in a loft they are also looking to get what they want from the neighborhood as well, presto! demand for the very things that drive growth.
The artist studios and lofts are still mostly under the radar, although there are many open studios and galleries. It is the murals, street art, maker co-ops and an influx of trendy eating establishments that have made the Arts District a thriving downtown neighborhood.
#Molino #atmateo
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Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.
