The DCBID launched its "Hacking the Highrise" initiative on June 21st with a showcase event at Brookfield Properties' Wells Fargo Center North Tower. Attendees from across the real estate industry mixed and mingled over food and drink and heard from an expert panel on how the property is being reinvented for a new era of city living and a new generation of tenants.
After a record-breaking 2017 with over 2,800 new residential openings, the Downtown market remained strong in Q1, with news in all sectors reinforcing confidence in DTLA's continued growth.
The Downtown Center Business Improvement District (DCBID) released its Q4 2017 Downtown Market Report, revealing that the DTLA Renaissance grows ever stronger, with substantial gains scored across all sectors.
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.