Downtown: L.A.'s hottest 'hood

Changes includes the addition of a slew of mixed-used projects combining ground floor retail and upper level living, a new Whole Foods supermarket, sprouting indie restaurants, three just-launched breweries, art galleries, boutiques and the revitalized Grand Central Market. "The market is resto...

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Bibliographic Details
Published inVariety Vol. 330; no. 17; p. 101
Main Author McDonald, Kathy A
Format Journal Article Magazine Article
LanguageEnglish
Published Los Angeles Penske Business Media, LLC 03.02.2016
Penske Business Corporation
Subjects
Apartments
Art galleries & museums
Business improvement districts
Central business districts
Company investment
Design and construction
Investments
United States
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Summary:Changes includes the addition of a slew of mixed-used projects combining ground floor retail and upper level living, a new Whole Foods supermarket, sprouting indie restaurants, three just-launched breweries, art galleries, boutiques and the revitalized Grand Central Market. "The market is restoring itself," says Mike Deasy, CEO of Deasy Penner & Partners. [...]recently it's been a conundrum: will luxury buyers buy without the amenities they would expect and will amenities go there without condos?" Deasy is repping a 2,100 sq-ft. penthouse atop the 1898-built Douglas Building for $2.1 million.
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ObjectType-News-1
SourceType-Magazines-1
ISSN:0042-2738