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Q3 Market Report Shows National Brands and Creative/Tech Companies Continue to Flow Into DTLA

Downtown LA continued on its dynamic growth trajectory in Q3, despite a relatively slow quarter for the greater LA area. Leading the way was residential with another 1,380 rental units coming to market.

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Downtown Families Celebrate Halloween

On the evening of October 31st, over 1,700 Downtown LA kids and families attended our Halloween Festival at FIDM Grand Hope Park. Now in it's 10th year, this social community event gives our Downtown families an opportunity to have a safe and fun Halloween party right in their own backyard. ​The event is made possible by the Downtown Center Business Improvement District (DCBID), a coalition of nearly 1,700 property owners committed to enhance the quality of life within the district.

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Q2 2017 Market Report Shows Unwavering Progress Across Sectors

Downtown LA's momentum shows no sign of slowing, with significant progress across all sectors in Q2. The highlight was the long-awaited opening of the Intercontinental Hotel at the Wilshire Grand, a game-changing project that captured the attention of the world.Over 1,000 new rental units opened in Q2 at Atelier, WREN, and G12. While o...
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The Night of a 1000 Dogs

On July 12, 2017, DTLA residents and their four-legged friends gathered at the Cathedral of Our Lady of the Angels to celebrate the 11th Annual Dog Day at the Cathedral, organized and hosted by the Downtown Center Business Improvement District and the Archdiocese of Los Angeles. The DCBID would like to thank the Title Sponsor Pussy & Pooch and Premier Sponsors Pet Project LA and Healthy Spot.

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2017 Market Report Shows Strong Start to the New Year

​Downtown LA picked up in 2017 right where it left off, with all sectors showing continued strength. Rents were up across the board, with positive net absorption in office and retail, and consistent occupancy rates in residential, despite a steady stream of new property openings quarter after quarter.Q1 saw the first new condo tower open since the ...
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Year-End Market Report Highlights Downtown LA’s Continued Growth

The underlying strength of the Downtown LA Renaissance took the market to new heights in 2016. Residential development led the way with a record-breaking 2,671 units coming online at 11 projects and 3,968 units breaking ground in 2016. With construction cranes already filling the sky, more records are likely to be broken in years to co...
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Q3 Market Report Reinforces Confidence in All Sectors

Downtown continued to build on its own momentum with growth in all sectors reinforcing confidence in the future. Twenty three new projects were proposed in this quarter alone, highlighted by SunCal's 15-acre 6AM project, designed by Herzog & de Meuron, elevating Arts District development to a whole new strata.The residential market...
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Downtown Families Celebrate Halloween

On the evening of October 31st, over 1,600 Downtown LA kids and families attended our Halloween Festival at FIDM Grand Hope Park. Now in it's 9th year, this social community event gives our Downtown families an opportunity to have a safe and fun Halloween party right in their own backyard. ​The event is made possible by the Downtown Center Business Improvement District (DCBID), a coalition of nearly 1,700 property owners committed to enhance the quality of life within the district.

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TechDay in DTLA

TechDay LA is an annual, one-day event to celebrate and showcase startups from around the region. Building on successful events in New York, Washington DC, and London, TechDay organizers chose Downtown LA for their inaugural West Coast event in 2015. That event was such a success that they returned this year at almost twice the size, with over 300 ...
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DCBID Hosts Annual Public Safety Appreciation BBQ

On September 15, over 1,000 residents, workers and safety personnel attended our 17th Annual Public Safety Appreciation BBQ at Bank of America Plaza. The DCBID was joined by the Historic Core, Fashion District, and South Park BIDs to honor the men and women in uniform whose dedicated service makes Downtown LA a safe and enjoyable community.

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Grid110 Puts DTLA Fashion Tech on the Map

Grid110, a business accelerator partnered with the Office of Mayor Eric Garcetti, continues to strengthen Downtown LA's fashion tech scene with their second cohort of young entrepreneurs. The non-profit will apply its proven formula to the new batch of fashion tech startups - connecting them to office space, mentors, and resources...
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DCBID Hosts Resident Mixer

On the evening of Wednesday, August 10th, the Downtown Center BID hosted a Summer Resident Mixer (ReMix) at the Gas Company Tower. Residents from over 30 buildings in our District were invited to an evening of mingling with neighbors, sampling small bites and sips from local DTLA businesses, making new friends, giveaways, a 360 degree view of DTLA, and more.

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Q2 Market Report

Downtown's positive momentum continued into the second quarter of 2016, highlighted by the long awaited opening of the Expo Line extension, connecting Santa Monica to Downtown LA for the first time since 1953, and symbolizing the re-emergence of DTLA as a destination.As expected, apartment occupancy rates declined slightly due to the increased volu...
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Downtowner's Celebrate Their Canine Companions

On July 13, 2016, DTLA residents and their four-legged friends gathered at the Cathedral of Our Lady of the Angels to celebrate the 10th Annual Dog Day at the Cathedral, organized and hosted by the Downtown Center Business Improvement District and the Archdiocese of Los Angeles. The DCBID would like to thank Forest City, Pet Project LA and Pussy and Pooch for being the Premier event sponsors.

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Innovate DTLA Launches

Downtown Center BID kicks off its Innovate DTLA initiative with an exclusive leadership symposium featuring The Brookings Institution and Project for Public SpacesThe Downtown Center BID's Innovate DTLA initiative officially launched on June 22nd at an invite-only symposium at The Gas Company Tower hosted by WeWork and Brookfield. The event brought...
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Q1 Market Report Reveals Continued Growth

Solid gains in occupancy and revenue in Downtown Los Angeles' hospitality and retail sectors lead overall market momentum, with continuing growth in the residential and office markets, according to the DCBID's 2016 Q1 Market Report.With record levels of new construction in all sectors set to deliver new residential, office, and retail space in 2016...
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Exploring Grand Central Market

Downtown LA is brimming with innovative food choices. One of our favorite destinations for a DTLA food adventure is Grand Central Market. The market opened in 1917 and has been in continuous operation since. With the ever changing population of Downtown, the open air market has also changed with the tides. It now showcases some of California's best chefs along with ingredients from around the world. Along with long-standing favorites like Tacos Tumbras a Tomas, Sticky Rice, and China Cafe (to name a few), the market is welcoming some new faces.

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DCBID Hosts Annual Property Owners Meeting

The DCBID held its Annual Property Owners Meeting on the morning of Thursday, April 14th at the historic Los Angeles Athletic Club. Guests enjoyed opening remarks from an exceptional panel of speakers including Councilmember Jose Huizar, LAPD Chief of Police Charlie Beck, Deputy Chief Robert Arcos, and Captain Howard Leslie.

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Innovate DTLA: Building the Next Great Innovation District

On Tuesday, March 29th, the DCBID introduced InnovateDTLA, a new Office and Industry Initiative, at tech networking mixer Startups in the Sky. More than one hundred attendees networked and shared ideas while enjoying 360 degree views of LA from the 37th floor of Brookfield's Gas Company Tower.Nick Griffin, DCBID Director of Economic Development, ki...
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