Downtown Los Angeles is comprised of several different neighborhoods, all of which are exciting, unique, and rapidly growing.  Downtown has always been a center of activity; from settlers to saloons to art galleries and now to an residential and retail boom.  While the landscape (and skyscape) of downtown Los Angeles would be unrecognizable to the men and women of the original settlement, the inhabitants of this downtown are trying to insure every era, neighborhood, historical event is remembered in the new and changing dynamic while creating a new exciting place that will have a 24/7 vibe that will converge all types of people in new places. 

Downtown is not just a homage to the past.  It is a forward looking community with a focus on historic buildings and green buildings while mingling past, present, future, together in a way that is so LA. Since the 1999 Adaptive Reuse Ordinance was passed which allowed old historic office buildings to be converted to housing unit, more than 7,000 new housing units have opened in Downtown Los Angeles and over 7,000 housing units that are currently under construction. This is the greatest transformation of downtown LA that has happened in decades. City Center is the knowledgeable source for you to turn to to get all your real estate needs met from one firm. 

Downtown boasts the tallest building west of the Mississippi, The US Bank Tower (formally known as the Library Tower), built in 1990.  The 72-storie tall building is just one of many skyscrapers that dot the horizon of the 64 block area of the Downtown Center.   The Downtown center began its transformation in the late 50s and early 60s when banking and other businesses were drawn to the area, making the Downtown Center the hub of commerce and industry.  Architects began using the unmarred setting to construct high rise buildings that smack of New York and Chicago.  However, Los Angeles’ downtown is not a replica of other metropolis, it is a city with a unique history, diverse culture, and expanding future.  Each neighborhood varies slightly, but has something to offer to everyone.

Downtown has the second highest annual wage, only trailing the Westside area.  Many new jobs are being created with the push forward in the project sector.  Downtown has a variety of new developments underway.  The Grand Avenue project will transform 3.6 million square feet into mix use development, a park, a 275-room Mandarin Oriental Hotel, streetscape improvements, and outdoor public spaces.  This development is estimated to bring in approximately 30,000 construction jobs and roughly 6,000 long term jobs.  The L.A. Live project (a convention center hotel and retail/entertainment district) at the Nokia Theater and other facilities are expected to create more than 20,000 jobs and a $10 billion economic impact.  In addition, the Colburn School for performing arts is in the process of a complete $120 million expansion.  In order for these new developments to be utilized by those outside of the Downtown area, there are two light rail projects underway, The Gold Line and the Exposition Boulevard light rail.