We’ve have had building booms in the past, but what is happening now is unprecedented!
At this point in the last century was a prosperous era for Downtown Los Angeles, it became one of the top five largest city in the country. Jump ahead to present and history is repeating itself, workers are putting the finishing touches on the West Coast’s tallest building. And, if it were a country, the State of California has surpassed the United Kingdom to become one of the top five economies in the world.
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Downtown Los Angeles is digesting the largest construction boom in modern times, bankrolled with an influx of international finance that’s adding legions of residences, restaurants and shopping. A much needed boom to a city core that is overly commercial and empty at the end of the work day. A big part of this construction are much anticipated condos in a large number of projects all within walking distance of each other and the commercial and retail hot spots. Of great interest to a growing population of condo buyers looking to stake a claim in this creative hot spot is the redevelopment are adaptive reuse projects such as converting an aging industrial and commercial spaces into new offices and residential lofts. If you want to see awesome properties like this, fill out this easy online form:
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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.
