DCBID in the News
The buzz about Downtown LA grows exponentially each year, with stories running in local, regional, and national press. DCBID initiatives earn coverage from a number of media outlets including The Wall Street Journal, Los Angeles Times, KPCC, Los Angeles Downtown News, and Los Angeles Business Journal.
Revitalization Projects Reawaken Downtown Los Angeles
NY Times | 3.5.2019
Los Angeles’s downtown was little more than a sleepy office district not too long ago, where tens of thousands of suburbanites would clear out by the end of the workday and scores of classic Beaux-Arts and Art Deco buildings sat vacant or underutilized....Today, cranes dot the skyline and construction routinely diverts traffic as Downtown Los Angeles — a neighborhood known as DTLA — undergoes the biggest development boom since the Roaring Twenties, when the area was then the center of the entertainment industry.
Building a Better BID
Downtown News | 2.6.2019
Last September, Carol Schatz stepped down as the president and CEO of the Downtown Center Business Improvement District. She had helmed Downtown’s biggest BID since it was founded in 1998 and had a reputation as one of the community’s fiercest and most effective advocates and lobbyists (she also ran the Central City Association for more than two decades).
It’s a Mural, It’s a Poem, It’s a Party and a Pop-Up Shop: It’s DTLA, IRL
LA Weekly | 12.17.2018
Earlier this month, anyone walking past the corner of Olive and Seventh in the downtown Historic Core may have noticed a new mural along the lengthy storefront façades of the building anchored by the Los Angeles Athletic Club.
Rising Above the Tangled Traffic of Los Angeles in a Luxury Condo
Washington Post | 10.18.2018
One of the first things Anthony Nguyen sees when he wakes up, and one of the last things he sees at night, is the harsh reality he tried 10 years to escape: L.A.’s knotted freeways. Nine months ago, he was one of those drivers, creeping along the 110 Freeway. His law office was in Santa Monica. Courthouse downtown. The 15-mile drive between them sometimes took more than an hour.
Longtime DTLA Advocate Carol Schatz Retiring; New DCBID Chief Named
LA Business Journal | 9.12.2018
Carol Schatz, who led a renaissance of downtown Los Angeles as head of the Downtown Center Business Improvement District and Central City Association for nearly three decades, will retire this month, the district announced Sept. 12. The chief executive of the property owners association and former head of the city business advocacy group had become synonymous with downtown renewal.
Looking Back at Metro Charter
LA Downtown News | 9.10.2018
Metro Charter received a lot of help along the way. When a group of founding parents were planning the school, we got support from Sara Hernandez in Councilman José Huizar’s office, Carol Schatz and Hal Bastian from the Central City Association/Downtown Center Business Improvement District, and many other community and business leaders.
Why Multifamily and Retail Are Carrying DTLA
Globe St | 9.5.2018
Multifamily and retail are carrying the renaissance in Downtown Los Angeles—and they are driving growth in other market sectors as a result. According to the latest quarterly report from the DCBID, multifamily occupancy grew 9.4%, up to 94% with rents up 4.1% to $3.06 per square foot and retail vacancy rates fell more than 14%, down to 4.1%.
DTLA Office Market Continues to Climb
Connect Media | 8.22.2018
Downtown Los Angeles’ commercial office leasing activity, average rent, and net absorption are all climbing steadily. The Downtown Center Business Improvement District’s (DCBID) “2018 Q2 Downtown LA Market Report” notes the office market is finally catching up to the dynamic growth experienced in the residential market, as well as on the cultural, culinary, and entertainment scenes.
More Articles ...
- DCBID Pushes for Office Diversification
- A Decade of L.A. Live
- Angels Landing Partners Makes it Official
- Is DTLA Passing Its “Prove It” Years?
- Hope and Wilshire Becomes Carol Schatz Square
- Downtowners Are Still Affluent, Young and Highly Educated
- DTLA Building Boom Sets New Record in 2017
- DCBID Launches Annual Study of Downtown
- A Crisis of Housing Affordability
- Los Angeles' Arts District Lures Developers - But Loses Artists
- Meet the Millennial Marketing LA's Luxury Mansions Like Hollywood Movies
- Low Vacancy Brings National Retailers To DTLA
- How Downtown Los Angeles Made a Stunning Comeback
- Downtown Center Business Improvement District
- The Reimagination of Downtown Los Angeles