Arts District Downtown Los Angeles Loft Development Boom in Full Swing

This former DTLA industrial zone is undergoing a sweeping transformation

Arts District loft
Arts District loft

Downtown LA Arts District is hosting a flock of cranes.  Every few blocks there is a construction project in the works under a construction crane bringing transformative new developments and adaptive reuses to the former industrial zone that encompasses some 50 blocks of former industrial spaces that are quickly having a rebirth into a hipster zone with pool topped decks and smart retrofitted designed loft and live work spaces.  People are flocking to the Arts District to live out their aspirations for creative expression and  to take advantage of the synergy of other innovative business  and artists looking to develop there dreams. #artsdistrict #dtla

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Projects range from single story restaurants to major towers of mixed used lofts office spaces and even a school.  On a tour of a loft space recently I was pleased to see the melding of original clear story windows and roughly patched hard wood floors with convenient modern kitchen appliances and well-appointed shower and tub combo bathrooms.

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arts district downtown Los Angeles real estate market
Arts District Downtown Los Angeles real estate market

Not surprisingly, many of the developments are aimed at the crowd of creative industry youths flocking to the neighborhood. At least seven of the 25 projects in the works incorporate creative office space.  Other Down Town L.A. loft and conversion projects have been announced.

 

Copyright © This free information provided courtesy L.A. Loft Blog and LAcondoInfo.com with information provided by Corey Chambers, Realty Source Inc, BRE#01889449 We are not associated with the homeowner’s association or developer. For more information, contact (213) 880-9910 or visit LAcondoInfo.com  Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental. This is not a solicitation if buyer or seller is already under contract with another broker.

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