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DTLA: It's Not Your Daddy's Downtown

This content was written by Nick Griffin and originally appeared on Urbanize LA.

​The Downtown residential market has been on fire for years now, with the retail and restaurant scene smoldering in its wake. Now those sparks are beginning to ignite the commercial office market – with our Q2 Market Report showing growth in leasing activity, average rents and net absorption. But the numbers, while good news, aren't the real story. 

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Q2 2017 Market Report Shows Unwavering Progress Across Sectors

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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Year-End Market Report Highlights Downtown LA’s Continued Growth

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

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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