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US Bank building to be sold for $368 million

By Hayley Fox — March 12, 2013 — 1 Comment

The U.S. Bank building in DTLA is the tallest building west of the Mississippi. After financial struggles, the towering structure is being sold to an investment group in Singapore.

Flickr via staxnet

Hotel development continues at LA Live with plans for a new Marriott

By Hayley Fox — March 08, 2013 — 106 Comments

The push for hotel development in DTLA continues, as AEG announced this week they will be selling a 60,000-square-foot plot of land to be developed into a Marriott. This new Renaissance Hotel is expected to have 450 rooms.

Hayley Fox/blogdowntown

Grand Ave. apartments will be first built on Bunker Hill in more than a decade, says developer

By Hayley Fox — January 10, 2013 — 8 Comments

At a groundbreaking ceremony Thursday, city and county officials touted the Grand Avenue Project as a being a game-changer for the area and said the new apartment complex is a key part of that.

Hayley Fox/blogdowntown

Broad Museum to open in 2014 with 2,000 works of contemporary art

By Hayley Fox — January 08, 2013

A "topping out" ceremony at the site of Downtown's Broad Museum signified a key step in the construction process. The museum is expected to open in 2014 and include 2,000 pieces of contemporary art.

Hayley Fox/blogdowntown

Groundbreaking on delayed Grand Avenue apartment tower slated for this week

By Hayley Fox — January 07, 2013 — 2 Comments

Developers will hold the official groundbreaking this week for a DTLA residential tower that's one part of the massive Grand Avenue project. When completed, the apartment complex will be 19-stories and have 271 units.

Real estate firm for the creative set plants flag in Arts District

By Hayley Fox — December 20, 2012

It seems like a new live/work space, retail store or restaurant is popping up in the Arts District every week. And a lot of these locations are due to Creative Space - a real estate firm that specializes in arts and lifestyle businesses.

Maya Sugarman/KPCC

Design team: New 6th Street Viaduct will be 'more than just a bridge'

By Hayley Fox — November 06, 2012 — 14 Comments

As the 6th Street Bridge inches closer to its demolition date, designers and officials are championing the new structure as a catalyst for revitalization in the area.

Hayley Fox

'I've always seen Clifton's as its own little natural history museum,' says owner

By Hayley Fox — October 16, 2012 — 3 Comments

As crews peel back layers of Downtown’s historic Clifton’s cafeteria during the 50,000-sqaure-foot building's retrofit and renovation, owner Andrew Meieran says the space is a gold mine of treasures.

By Hayley Fox — October 12, 2012 — 1 Comment

City and Metro officials are requiring the Little Tokyo restaurant to move to allow for construction of the Regional Connector. The Spice Table hasn't found a new location yet and have stopped serving lunch due to damaged baking equipment.

Brookfield Office Properties

Walmart drew Downtown protests, but why didn't Target?

By Emily Chu — August 31, 2012 — 8 Comments

Target and Walmart are more similar than different. They have competitive price points, comparable shopper demographics and both are not unionized. So why is Downtown so welcoming toward CityTarget, but not necessarily toward Walmart's Neighborhood Market

Premium apartment complex slated for construction in Little Tokyo

By Hayley Fox — July 25, 2012 — 6 Comments

A new, 240-unit apartment complex is set to be built on 2nd and San Pedro streets in downtown L.A. Developers say rents will average about $2,200 a month.