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.
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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.
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...
​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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