Apparently it is not just my opinion and my fleeting impressions of visiting downtown LA recently.
According to NY Times, downtown Los Angeles have been undergoing a rennassaince, a revitalization.
Revitalization Projects Reawaken Downtown Los Angeles
Cranes dot the skyline and construction projects divert traffic as the neighborhood known as DTLA undergoes the biggest development boom since the Roaring Twenties.
Los Angeles’s downtown was little more than a sleepy office district not too long ago, where tens of thousands of suburbanites would clear out by the end of the workday and scores of classic Beaux-Arts and Art Deco buildings sat vacant or underutilized.
“It didn’t even have a grocery store until Ralphs opened about 10 years ago,” said Andrew D. Tashjian, a Los Angeles native and commercial real estate broker. “Downtown was dead.”
Today, cranes dot the skyline and construction routinely diverts traffic as Downtown Los Angeles — a neighborhood known as DTLA — undergoes the biggest development boom since the Roaring Twenties, when the area was then the center of the entertainment industry.
As the city prepares for the 2028 Summer Olympics, a spate of new apartments, hotel rooms and retail and office space is steadily coming online throughout the 5.84-square-mile downtown area. Existing structures are being recycled, and the city’s public transit system is being expanded and improved. But as development grows, city officials are facing criticism over a lack of affordable housing.
https://www.nytimes.com/2019/03/05/b...s-angeles.html
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