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Commercial Committee DTLA Tour
Friday, Sep 22, 2017 @ 03:19 PM

The Beverly Hills/Greater Los Angeles Association of REALTORS® Commercial Committee Chair Toni Xiong teamed up with the Downtown Business Improvement District to provide a tour of all of the new developments in Downtown Los Angeles. The revitalization efforts have been championed by the Central City Association and the Downtown Business Improvement District, who led the tour.

   

REALTORS® from across Los Angeles attended, and some were unaware of the vast improvements Downtown has undergone. Vice Chair of the BH/GLAAR Young Professionals Network Christopher Wookey observed, “The Downtown renaissance is fantastic. Millennials and young professionals, who never would have considered living in DTLA 10 years ago are now seriously considering it. They are drawn to it areas’ walkability and historic core. This is absolutely a place I’ll be bringing my clients in the future!”

Downtown has unique offerings including residential, office, and retail. In Quarter 2 alone, 423 new residential units have broken ground in 2017. The breakneck pace of development is highly visible, between the construction crews and cranes, the downtown comeback is no secret.


Beverly Hills/Greater Los Angeles Association of REALTORS® CEO Chip Ahlswede added, “We are proud that approximately 30% of our members are from the Downtown Los Angeles area and they are just as excited as we are to see Downtown becoming a safe place for residents to live, work, and play once again.”


To learn more about the Downtown Los Angeles renaissance, please visit downtownLA.com.


Don't forget to join the Commercial Committee on Wednesday, October 11th from 10:30am - 1:30pm for a special event - 

Cannabis and Commercial Real Estate in Los Angeles Commercial Committee Expert Panel




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