#42 | DTLA LIFE MAG by DTLA LIFE MAG ®

DTLA LIFE MAG Â®

2020 ELECTIONS EURYDICE FOUND DONNA ISHAM LA ART SHOW BLADE DTLA FIRST FRIDAY PERSHING SQUARE REDISIGN THE MAYFARER HOTEL

DTLALIFEMAG.COM

#42

#42 DTLALIFEMAG.COM

DTLA LIFE MAG | #42 CREATIVE DIRECTOR Alexandre LiMandri alex@dtlalifemag.com DRE 01822666 (213) 447 4080

Contributing Editors Jim White | Community jim@dtlalifemag.com Myriam Loda | Lifestyle myriam@dtlalifemag.com

dtlalifemag.com 213.447.4080

DTLA LIFE | Magazine! ® is a registered Trademark All Rights Reserved. Broker/Agent does not guarantee the accuracy of the square footage, lot size or other information concerning the conditions or features of the property provided by the seller or obtained from Public Records or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals. MLSPLUS™ Copyright © 2019 by TheMLS™. Information deemed reliable but not guaranteed. Presented by: Alex LiMandri DRE#: 01822666 | DTLA LIFE is powered by URBAN RESIDENTIAL BROKERAGE, Inc DRE# 02072044: & its Broker Alexandre LiMandri. DTLA LIFE MAG is an independant entity that is not intended to be representing properties. DTLA LIFE MAG is only reporting information provided by diferent parties for marketing purposes. We are not responsible for any information we publish on behalf of the businesses represented.

PERSHING SQUARE REDESIGN Photos Courtesy of Pershing Square Redisgn & CD 14

On February 3, 2020, Los Angeles City Councilmember José Huizar joined Recreation and Park’s General Manager Mike Shull, Bureau of Engineering’s General Manager Gary Lee Moore, Agence Ter’s Principal and Lead Designer Henri Bava and Gruen Associates Partner Debra Gerod to announce a timeline on delivering a reimagined historic Pershing Square. Located in the heart of DTLA, Pershing Square is the City of Los Angeles’ oldest park, dedicated in 1866 by Mayor Cristobal Aguilar as “La Plaza Abaja” (“the Lower Plaza”). Pershing Square has been redesigned and renamed multiple times since its inception – the last major work occurring in the early 1990s. “With the new design, Pershing Square will be reenergized. It will once again affirm its standing as the preeminent public space - the “town square” of Downtown Los Angeles,” said Councilmember Huizar, who has led the charge for the renovation. “It has been a collaborative process with nonprofit Pershing Square Renew playing an integral role. Pershing Square will return as a platform for civic engagement. It will return as a place of rest, play, and leisure for residents, local community stakeholders, and visitors alike. This project has been many years in the making, but today we mark the realization of a new tomorrow for Pershing Square. It’s a fitting development for the growing population of our renewed city center.” “The Department of Recreation and Parks is very excited to begin the improvements to Pershing Square,” said Mike Shull, General Manager of Recreation and Parks. These improvements will serve our visitors with a more open, safe, and green park. “The Bureau of Engineering is pleased to be leading this technically challenging project that removes barriers and provides much needed green space,” said Gary Lee Moore, City Engineer. A 2015 design competition received 80 letters of interest from leading national and international firms. More than 50 of the firms offered submittals of qualifications. Ten semifinalists were selected from the pool, and four finalists were chosen from that group. Agence Ter’s winning design drew the highest scores from the 1,355 members of the public who weighed in on the four finalists and was the first choice of the Pershing Square Renew judging jury. The changes for Pershing Square will come in phases. Phases one and two are fully designed and focused on creat-

ing a more open, shaded, and accessible space. Phase One will include the removal of barrier walls along Olive Street, opening the park to the Street. Enhanced landscaping with more than 20 new shade trees will be planted at plaza and park edges along Olive Street, 5th Street, and 6th Street. Existing escalators will be replaced with new open, day-lit glass elevators and staircase to provide access from the plaza to all garage levels. A unified facility and wayfinding signage system will complete the Phase One upgrades. Phase Two will begin immediately after completion of Phase One. It will consist of the removal of the barrier wall, tower, and aqueduct along Hill Street. A new, grand pedestrian promenade along Hill Street will be installed, complete with more than 25 new shade trees and hardscape. New open, day-lit elevators and staircase will provide access to all garage levels from Hill Street. The area around the existing circular fountain will be converted to green, open space. This phase will also include a landscaped pet-care area. Councilmember Huizar and the Department of Recreation and Parks worked together to secure the full $25 Million in funding necessary for the first two phases of the redesign, with the bulk of the funding coming from Quimby development fees and TFAR community benefit payments. It is anticipated that Phase One will begin construction by the end of 2020, with completion estimated by the end of 2022. Phase Two construction will start once the first phase is completed. It is anticipated to finish early to mid-2024. Planning of Phase Three will coincide with available funding from Quimby fees and TFAR payments and may be broken into two phases at an estimated cost of $40 million per phase. Future financing has already been identified through an estimated $10 million per year in Quimby and TFAR fees. Overall, the entire Agence Ter Pershing Square redesign is anticipated to cost $110 Million and be completed in phases over ten years.

PERSHING SQUARE REDISIGN josehuizar.com

THE WAYFARER DTLA

Photos Courtesy of The Wayfarer Downtown LA.

Pacifica Hotels, the creative team behind the Funk Zone’s own Wayfarer Santa Barbara, today announced the opening of their second location, The Wayfarer Downtown LA. The community-centric, boutique hotel is situated in the heart of the historic Broadway Corridor and located on the nearly century-old site of the former Ritz Milner Hotel. The Wayfarer DTLA brings 156 private and shared guest rooms and suites, flexible venues, and lively communal spaces to Downtown with a passion igniting neighborhood discovery, and connection to the communities of greater Los Angeles.

the first floor are striking moss greenery sculptures by Mosstika that incorporate plant life with photos or graphic elements to create works that dissolve barriers between private and public space, organic and inorganic elements. The Wayfarer brings eclectic accommodations to DTLA including 146 private rooms styled for the urban adventurer, with stand-up workstations; app streaming; HDTVs; rainfall showers and LATHER bath amenities, including select rooms with the Houston bed, a proprietary twin Murphy pull-down bed– created to elevate the independent travel experience. Or, guests can choose to go social with a bed in one of The Wayfarer DTLA’s 10 thoughtfully designed shared rooms–each with a dedicated and well-appointed en suite bathroom.

“We could not be more proud to open The Wayfarer DTLA,” said Adam Marquis, president, Pacifica Hotels. “I lived in the building right across the street, overlooking what is now The Wayfarer DTLA, for years and I’ve loved DTLA ever since — it’s a cultural epicenter full of incredible and unique The Wayfarer DTLA’s various socially driven and people and it’s truly an honor to be able to create distinctive dining and entertainment experiences a place and a space for both visitors and the DTLA continue the communal Wayfarer experience: community to enjoy collectively.” The Kitchen – The heart of the hotel: Come one, The Wayfarer DTLA rises high above the city with come all. Whether prepping a 4-course meal or breathtaking, high-function, masterfully designed craving a simple snack, The Kitchen is the focal rooms created with today’s traveler in mind by Los point of the ground floor. Expect a fully equipped Angeles-based architecture firm Rockefeller Kem- community-centric cooking and dining experience pel Architects, and The Gettys Group, in collabo- that allows guests to play ‘chef’ and host friends ration with Pacifica Hotels’ in-house design team. by preparing a meal utilizing fresh and responsibly sourced ingredients with a recipe selection curatThe Wayfarer DTLA seeks to elevate the inde- ed by The Wayfarer’s own culinary team. pendent and ever curious traveler experience, highlighting the cultural intersection that is DTLA Let your creativity take over with local farmer’s through public space art with a more urban raw market-fresh ingredients and all of the essentials approach. Showcasing a variety of flexible pub- exclusively available to our guests. All guests have lic spaces, local art installations, and interactive to do is to order from a seasonal menu of dishtouches that entice one to dig deeper, The Way- es with ingredients pre-portioned and delivered farer encourages discovery and exploration. for their custom preparation and enjoyment. The Kitchen also plays host to cooking classes and Art by hand-selected local and nationally ac- community culinary events. claimed artists throughout the property brings diverse and dramatic textures, stories, and points The Gaslighter Social Club – From a lazy coffee of view to life. The hotel features a custom lob- date with caffeine supplied by local coffee partner by library installation by Dave Lovejoy, known Groundwork to down-to-business meeting to hapfor his work at The Last Bookstore, showcasing py hour, The Gaslighter Social Club is what you more than 600 books either set in Los Angeles make of it. Plenty of communal space, one-of-aor written by an LA native author; works by digital kind art installations, build-your-own flight beer, photographer Cheyenne Randall, known for his wine and kombucha taps, high-speed Wi-Fi, and “Shopped Tattoo” series, provide visual interest in an American bistro serving breakfast, lunch, and unexpected locations including guest rooms, the dinner daily — it’s all the essentials in one place! lobby and interior stairwells; welcoming guests on Menu highlights include vegan chilaquiles and

steak shakshuka for breakfast; and eclectic SoCal favorites from LA street dogs to carnitas dumplings on the lunch and dinner menus. Lilly Rose – Step into Lilly Rose, The Wayfarer DTLA’s basement parlor, where the bizarre meets the beautiful. For expertly crafted cocktails and limited-edition spirits, find plenty of whimsy, color, and live entertainment in the basement of the historic hotel that turns into a vibrant hideaway with a spirited atmosphere featuring handcrafted and barrel-aged cocktails; by light and creative fare; vintage game machines like Zoltar, and local live entertainment ranging from stand-up to performance art and everything between. The Rooftop – Views? Check. Water feature? Check. Event space? Check. Full bar and restaurant? You Bet. Experience DTLA from the Rooftop for the perfect refreshment or bite with a side of cityscape...perched 12 floors up. The open-air bar acts as the apex of The Wayfarer DTLA, boasting cuisine that celebrates the multicultural flavors of urban LA through an Asian- Latin lens with dishes inspired by both home-cooked favorites and simple street fare. From a 3- course prix fixe power lunch perfect for doing business to flame-roasted skewers, street tacos, and a raw sustainable seafood bar. With equal parts flair and flavor, the cocktail program at Rooftop pays homage to LAborn, classic Tiki concoctions with Don & Vic’s best like the Zombie and Painkiller alongside notto-be-missed signature house libations like the Concrete Jungle. It’s a perfect place to cool off in The Rooftop’s mini-plunge pool with a Painkiller in-hand and stunning views of DTLA below. “I created our menus at Gaslighter Social Club, Lilly Rose and the Rooftop specifically with DTLA in mind, whether it’s a quick bite in a sun-drenched communal dining space to start the day at Gaslighter, or after-work tiki cocktails and a worldly menu of street food-inspired dishes at the Rooftop, or letting loose with something a little unexpected at Lilly Rose like a Barrel-Aged Boulevardier or “Eggs Mimosa,” each of our restaurants and lounges was created as a unique spot for communion, great food, and beverage,” said Executive Chef Francis Dimitrius.

The Wayfarer DTLA is slated to bring a genuinely distinct, experiential, community-driven food and beverage focused experience to DTLA â&#x20AC;&#x201C; the perfect place to make friends, meet people, escape the mundane, and embrace the unique. The Wayfarer DTLA is located at 813 S Flower St, Los Angeles, CA 90017. For more information on the hotel, and to book a stay, visit www.wayfarerdtla. com.

THE WAYFARER DTLA wayfarerdtla.com

LA ART SHOW

Photos Courtesy of the LA Art show

On Wednesday, February 5, 2020, Hollywood, fashion, and artworld stars alike gathered at the Los Angeles Convention Center for the Opening Night Party of the 25th annual LA Art Show, kicking off the most significant year of art and cultural programming in our city’s history. A portion of proceeds from ticket sales went to benefit the lifesaving mission of St. Jude Children’s Research Hospital. Golden Globe-nominated actress Sofia Vergara was the gracious host of the evening, and the star-studded party was attended by Charlize Theron, Emma Roberts, Cameron Monaghan, Jared Harris, Joe Manganiello, Sir Brodie, Brandon Boyd, KaDee Strickland, Andrew Howard, Lauren Sivan, Brittney Palmer, Josh Pence, Joanna Cassidy, Rebecca Metz, Meredith Salenger, Elizabeth Chambers, Jason Behr, Tig Notaro, Stephanie Allynne, Manolo Vergara, Ava Cantrell, and more. The VIP attendees were treated to a sneak peek of this year’s programming, which features over 130 galleries, museums, and cultural institutions from 23 countries. Highlights include Walker Fine Art’s MC Escher Experience, featuring his complete series of his iconic self-portraits, which have never been exhibited together before. Walker Fine Arts possesses the world’s most extensive collection of Escher’s work, and many of the pieces included in the LA Art Show have never been shown in California. The showcase also features an interactive photo-booth where patrons can insert themselves into Escher’s iconic sphere self-portrait. Kazu Hiro’s ICONOCLASTS exhibition, featuring photorealistic, larger than life sculptures of the heads of Abraham Lincoln, Salvador Dali, Frida Kahlo, and Jimi Hendrix drew admirers before they even entered the art fair. Kazu is nominated for an Oscar for his special effects makeup in “Bombshell,” starring Charlize Theron, Nicole Kidman, Margot Robbie, and John Lithgow. With the Oscars taking place this same weekend, the LA Art Show also launched the FASHION section this year, featuring a retrospective of Sue Wong and her legendary gowns, many of which have been worn on the red carpet for the Academy Awards and Golden Globes. The programming in this year’s DIVERSEartLA drew a crowd with the spectacle of the floor-to-ceiling MOLAA Pride Flag created by artists Leo Chiachio and Daniel Giannone. Next to this was Viktor Freso’s “The Birth of the Niemand,” featuring 16 larger than life statues that patrons could walk amongst and pose for photos with. The Japanese American National Museum booth drew patrons in with Taiji Terasaki’s “TRANSCENDIENTS: Heroes at Borders” exhibition, an immersive meditation on the atrocities of the Japanese-Ameri-

can concentration camps during World War II, and a celebration of the heroes who fight for equality and democracy for other marginalized communities to this day.

The combined power of two of the most anticipated art shows in Los Angeles will serve to solidify the city’s position and standing as a global epicenter of art and culture. And for the first time in LA’s history, this will estabAttendees were wowed by the breadth of lish an unprecedented Art Week for art colart featured in the new European Pavilion lectors and the art-loving public, both locally section of programming, featuring over a and abroad. dozen galleries from Spain, Italy, the UK, and beyond, in celebration of the profound “LA is one of the most creative cities in the influence that European art has had on the world, and it has been my dream for us to world. be recognized as a true art capital, not just the center of the entertainment industry,” Throughout the evening, attendees were says LA Art Show Founder and Executive entertained by roaming performers from Director Kim Martindale. “When I created Cirque du Soleil’s Volta, There Could Be a the LA Art Show 25 years ago, there weren’t Monster Inside You performance by Spain’s any big art fairs here. My intention has alPSJM Collective (part of this year’s DIVER- ways been to use this fair as a platform to SEartLA programming), live sculpting by grow the LA art market into one that people Ichitaka Kamiji, presented by Zeal House, are proud to buy from. It’s truly rewarding to and live ink painting by Japanese calligra- see that mission accomplished on the 25th pher Sogen Chiba, presented by Gallery anniversary of the LA Art Show.” Kitai. Renown muralist Robert Vargas completed a new mural honoring the late Kobe The 2020 edition of the LA Art Show feaBryant. tured exhibitions by over 130 international galleries, museums, and non-profit organiFor six years in a row, the Opening Night zations from 23 different countries. As the Premiere Party has served as a benefit most comprehensive international art fair in for St. Jude Children’s Research Hospital. America, the LA Art Show provides space Thanks to generous donors, families never for the full diversity of movements and mereceive a bill from St. Jude for treatment, diums from the global art landscape. More travel, housing, or food – because all a fam- than 55,000 attendees experienced the ily should worry about is helping their chil- four-day event. dren live. All attendees of the Opening Night Premiere party are supporting the lifesaving The 26th Annual LA Art Show will return to mission of St. Jude: Finding cures. Saving the LA Convention Center from February 10 children. The first day of the LA Art Show - 14, 2021. Please save the date. opens to the public at 11am on Thursday, February 6, with a busy schedule of panel discussions at the Dialogs LA booth, performances, and more. As the 25th Annual LA Art Show comes to its conclusion, the producers are proud to announce the dates of next year’s fair. The LA Art Show, recognized as the most comprehensive international contemporary art fair in America, will return to the LA Convention Center from February 10 - 14, 2021, coinciding with Frieze LA.

LA ART SHOW

laartshow.com

FIRST FRIDAY

Photos Courtesy of the Natural History Museum of Los Angeles County

The Natural History Museum of Los Angeles County (NHM) announces the 2020 season of First Fridays with the theme “The Future is Now.” Faster than a Wi-Fi download, more powerful than an electromagnetic field, able to leap centuries in a single algorithm, the tech future is coming fast with the promise of delivering a livable future despite the forces arrayed against it.

that enables the direct, irreversible chemical conversion of one target DNA base into another in a programmable manner, without requiring double-stranded DNA backbone cleavage. Dr. Roey Tzezana is a futures studies researcher at Tel Aviv University, a research fellow at Brown University, and lead researcher for the XPRIZE Foundation. Dr. Tzezana led the research about human longevity, which should eventually, hopefully, lead to the development of treatments to stop and reverse aging. Dr. Tzezana is acting as a scientific consultant to several firms and international organizations and is the author of several best-selling books about the future of technology and society.

On March 6, April 3, May 1, and June 5 wander through NHM’s halls after-hours for live music performances and enlightening discussions about the future, moderated by award-winning Los Angeles Times writer Patt Morrison. Sip crafted cocktails with dinosaurs, engage in themed discussions, dance to live music and D.J.s in the mammal halls, and eat from a variety of L.A. food trucks. The discussions are followed by amazing performances like Café Molly. Molly Lewis is a master On Friday, March 6, 2020, join science corre- of musical whistling and a champion of the use spondent and Ologies podcast host, Alie Ward, of whistling as an art form. An audience member as she asks NHM research specialists about their at her last show described her as, “A bird singcollections and discovers details hidden in plain ing about a falling leaf.” She sometimes likens sight. Each month features a different expert to her sound to that of a human theremin. Molly uncover the big mysteries, strange oddities, and regularly plays with a band of top-notch session untold stories from the Museum. musicians. She puts on a show that incorporates the type of cinematic music she loves, 70s ItalThen have a discussion with Dr. Alexis Komor ian soundtracks, classical variations, and jazz, and Dr. Roey Tzezana, moderated by Patt Mor- along with original pieces created for the whisrison. The M.D.s still have the remedies, but tle. She has also traveled the world with her rare self-monitoring through medical apps is putting art. From China to Mexico to New Zealand, she each of us in sync with our own bodies. And our has performed solo, with her lounge band, or own bodies can now guide doctors to curing what with musicians, she meets along the way. Along ails us, thanks to diagnostic genetic profiling, and with performing live regularly, she’s recorded and to fixing us before we can get sick, with tools like played with people as diverse as Karen O, ConCRISPR. nan Mockasin, Neil Finn of Crowded House, Sebastien Tellier, John C Reilly, Jackson Browne, Dr. Alexis Komor is an assistant professor in the and Mac De Marco, among many others. Department of Chemistry and Biochemistry at the University of California at San Diego. While Witty and whimsical French Vanilla has refined at Caltech, she worked as an NSF Graduate their angular, no-wave sonance into a powerfulResearch Fellow on the design, synthesis, and ly melodic and disciplined dance party with their study of DNA mismatch-binding metal complexes sophomore release, How Am I Not Myself? Hitand received her Ph.D. in 2014. ting the ear-waves in June 2019 via millennial, sincere-core label Danger Collective Records She pursued postdoctoral work as a Ruth L. (Current Joys, Surf Curse, Slow Hollows), the Kirschstein NIH Postdoctoral Fellow in the lab- quartet’s latest work enshrines French Vanilla as oratory of David R. Liu, where she developed vital cultural creators in the vibrant Los Angeles base editing, a new approach to genome editing indie music scene and beyond.

French Vanilla got their start playing queer punk parties around Los Angeles in 2013. As their skills developed, they became mainstays at seminal DIY spaces like the Smell and Pehrspace. Influenced by the cult, female-fronted post-punk acts, the band partnered with Danger Collective Records in 2017 for their self-titled debut, which Bandcamp named as one of the 100 best albums of the year. Their captivating stage presence and avant-garde stylings have earned them coveted bill pairings with headliners such as ESG, Shonen Knife, Shopping, the Make-Up, Priests, Chastity Belt, and Bow Wow Wow.

zalez, the legendary first-of-its-kind weekly dance party, which is widely credited with kickstarting the DTLA queer renaissance of the late ‘00s. Josh has remained in-demand by staying versatile and knowing how to command total control of a dancefloor with his far-reaching, multi-genre encompassing musical repertoire. Past & current residencies include Mustache Mondays, Mr. Black, Evita, Redline DTLA, Strut (Orange County), and the yearly Summertramp events.

Tickets include access to the Museum after-hours. Access to the conversation, panel discussion, D.J. lounge, and Concert Hall will be available on a firstWajatta: Coming from different worlds, but sharing come, first-served basis. For more information and a passion for the rich history of electronic music, to purchase tickets, visit NHM.ORG/firstfridays. beat-boxer/comedian/musician Reggie Watts and electronic music artist/D.J./producer John Tejada bring out the best in each other’s formidable skill sets. Having grown up with similar musical influences, Austrian-born Tejada and German-born Watts draw from their love of electronic music. Exploring the intersection between influences and innovation, the two describe Wajatta’s music as “electronic dance music with its roots in Detroit techno, Chicago house, ‘70s funk, and New York hip hop.” It’s a sound that is both familiar and wholly original — and, like all great dance music, ultimately life-affirming, as Watts vocalizes, sometimes without words, the joyful energy of his and Tejada’s funky, shape-shifting productions. KCRW DJ Novena Carmel will reside in the D.J. Lounge with music royalty in her blood. Novena Carmel is an eclectic and energetic Bay Area born, LA-based DJ, singer, host, and curator knew to lure a crowd and turn the party out. As a D.J., her love for music shines through in her wide range of selection, big smile, and dance moves. In addition to her residencies throughout L.A., Novena has recently played at Amoeba Records, Dublab radio, and as a resident at the Stones Throw, a summer pool party. If you find yourself in a room with Novena, you’re in the right place. Along with Guest DJ Josh Peace, one of L.A.’s most dedicated and hard-working D.J.s for over 20 years. His unrelenting passion for dance music has taken him to multiple destinations around the world, and in 2007 he launched Mustache Mondays with partners Nacho Nava and Danny Gon-

FIRST FRIDAYS NHM.ORG/firstfridays

EURYDICE FOUND Photos Courtesy of The Music Center

Inspired by LA Opera’s Eurydice — a new opera created by composer Matthew Aucoin and librettist Sarah Ruhl — artists, scholars, and community members across Los Angeles come together until March to share their stories and their art through Eurydice Found. A new festival dedicated to new perspectives on the enduring Greek myth of Orpheus and Eurydice. This multidimensional, countywide celebration will take place through March of 2020. The festival unites more than 50 partners and includes well over 50 events.

film screenings, seminars, fashion exhibits, and sound installations — take place in museums, theaters, and other venues all across Los Angeles, from the Getty Villa in Malibu to a bridge crossing the Los Angeles River. Eurydice Found is the fourth countywide festival inspired by work on LA Opera’s stage. It follows in the footsteps of Ring Festival LA (2010), which commemorated the company’s first Ring cycle; Britten 100/LA (2013), celebrating the centenary of composer Benjamin Britten’s birth; and Figaro Unbound (2015), an exploration of the influential “Figaro Trilogy” by Beaumarchais and the operas it inspired.

“Eurydice Found showcases our intense pride in the incredibly vibrant and diverse artistic For more information about Eurydice Found, community of Los Angeles,” said Christopher as well as a listing of festival events, visit LAKoelsch, the company’s Sebastian Paul and Opera.org/festival. Marybelle Musco President and CEO. “This festival will explore why the powerful themes of ancient Greek myth still resonate with us in contemporary society. Since the new opera unfolds from the heroine’s point of view, the festival will celebrate female artists and embrace works that investigate the female viewpoint of this well-known myth.” Eurydice Found is presented through LA Opera Connects, which creates inclusive opportunities for all Angelenos to come together to be transformed by opera. In the Greek myth of Orpheus and Eurydice, Orpheus travels to the Underworld in an attempt to bring his deceased bride back to the world of the living. Most versions of the story focus on Orpheus’s side of the story, leaving Eurydice a relatively vague and indistinct figure. Confronting that historical bias head-on, Eurydice Found will upend the ancient myth through a wide range of performances, conversations, and happenings, with an emphasis on works created by female artists.

EURYDICE FOUND

Eurydice Found events — ranging from musical and theatrical performances, dance pieces,

LAOpera.org/festival

Photos Courtesy of Zane Roessell

THE 2020 ELECTIONS

TRUMPâ&#x20AC;&#x2122;S FAKE ECONOMY Photo by Shealah Craighead

The Internet was supposed to be the informational panacea – the magical kingdom of objective reality where facts and data would be dispassionately displayed in all their evidenced-based glory to which we would all be issued a free Willy Wonka golden ticket.

in his first three years as President Obama did in his final three years. Average monthly job growth during Trump’s 34 months in office (193,000) is less than the 227,000 jobs added monthly during the last 34 months of President Obama’s tenure. In fact, the U.S. economy created more jobs in every year of President Obama’s secDispatch from Captain Obvious: things ond term than it did in Trump’s first year. didn’t exactly go according to plan. What we have instead is a vortex of spin and Business investment is bottoming out. contrasting realities – some of which is Business investment began to slow and rooted in fact and some which consists even turned negative in the second and of wishful thinking, conspiratorial conjur- third quarters of this year. Business ining, misinformed musings, and the spin vestment for the third quarter of 2019 of hucksters seeking profit from the cha- dropped 3 percent, after falling 1 peros – that has left us whipsawed between cent in the previous quarter – the result alternative realities. of Trump’s trade wars raising consumer prices, and the failure of the Trump-ReWho and what are we supposed to be- publican 2017 $2 trillion tax cut – which lieve? No topic has escaped unscathed in overwhelmingly delivered its benefits to the battle to separate fact from fiction. the wealthiest Americans in the form of record stock buybacks and executive boOne line on the fact-versus-fiction infor- nuses conferred unto themselves, and an mational battleground is the current state increase in the number of corporations of the U.S. economy. able to exploit loopholes to pay little to nothing in federal taxes. Are we in the midst of “the greatest economy in U.S. history”, the “boom the likes of which we have never seen before!” as With that slippage, business investment President Trump claims? Or, are we sim- has now grown more slowly under Trump ply powering forward at the same modest than it did under President Barack Obama rate of job and GDP growth we have for after the Great Recession hit bottom. the last 121 consecutive months (that’s 10 years) – the largest economic expansion On the paycheck front, wages during in U.S. history that began under President Trump’s tenure did initially rise a modest Obama? 3 percent, but here, too, the rhetoric falls short of reality. Despite Trump’s claim that Three years into the Trump economy, “wages are rising at the fastest rate in how are we doing? A look at a few of the many decades”, the reality is that wages key economic indicators reveals a mixture for the average worker have stagnated. of flashing green and red lights. A closer examination of inflation-adjusted First, the good news: yes, the unemploy- wages (average weekly for production and ment rate has fallen to 3.5 percent since nonsupervisory workers: https://data. Trump took office, but Trump inherited an bls.gov/timeseries/CES0500000031) unemployment that was already low: 4.1 illustrates how recent hyperbole fails to percent, and job growth is slowing. match reality. Inflation-adjusted wages increased 2.4 percent since Trump took Trump has created 1.5 million fewer jobs office (from an average $308 per week to

$315 per week – seven big ones). By comparison, during Obama’s last four years the average weekly earnings increased 4.9 percent, and over Obama’s eight-year term wages rose 4.2 percent. Under George W. Bush wages increased 4.2 percent, and under President Clinton they went up 6.4 percent.

We know the rich are getting richer under Trump, but what about the health and welfare of the rest of America? Under Trump U.S. manufacturing is officially in recession. The Institute for Supply Management manufacturing index has now been below 50 (the neutral level) for four months, which is the definition of a recession. Under Trump, the number of manufacturing jobs has dropped in In 2018, median household income was $63,179, Wisconsin, Michigan, Ohio, and Pennsylvania. which official data say is not statistically different from the previous year. This was the first year in- On the health front the news is equally discourcome has barely moved after three years of over- aging. The number of people in the United States all economic growth. without health insurance in 2018 increased to 27.5 million, up from 25.6 million in 2017. The unAll of which underlines another sobering eco- insured rate under Trump jumped from 7.9 pernomic truth: income inequality has soared during cent in 2017 to 8.5 percent in 2018. It was the first Trump’s tenure. The shared piece of America’s year-to-year increase in uninsured rates since economic pie is increasingly being gobbled up by 2008 and 2009. 5.4 percent of white non-Histhe wealthiest among us. The Census Bureau re- panic people were uninsured, while 9.7 percent ported in 2019 that the gap between the richest of blacks and 17.8 percent of Hispanics lacked and poorest households in the U.S. widened and is coverage. now the largest it has ever been since the agency started keeping track of it a half-century ago (www. Trump, however, did manage to set a couple of businessinsider.com/us-income-inequality-re- economic records – albeit dubious ones. He has cord-high-generational-wealth-2019-9?utm_ doubled the federal deficit in three years to more source=msn.com&utm_medium=refer- than $1 trillion (after President Obama CUT THE ral&utm_content=msn-slideshow&utm_cam- DEFICIT in half during his eight years), and addpaign=bodyurl). Today, the wealthiest 10 percent ed $3 trillion to the federal debt, which now sits of U.S. households own more than 90 percent of at a whopping $23 trillion. Not exactly a resume all stocks and mutual funds. builder. Speaking of the stock market, despite Trump’s claims that recent stock market gains are “unprecedented” or “best” or “far outpacing past U.S. presidents” – again, reality exposes Trump’s braggadocios façade.

So, if you turn down the volume and take off the rose-colored glasses, you’ll see we are standing on the deck of a titanic economy steaming steadily ahead. Our only danger is succumbing to the hubris that we can simply power through the icebergs looming on the horizon ahead without sinkIn reality, the stock market has performed worse ing ourselves. under Trump than under President Obama. Under OBAMA, THE S&P index increased by 56 percent. Under Trump: 34 percent. Under Obama, the Dow Jones Industrial average percentage saw a 50 percent increase over the initial value. Under Trump: The Dow Jones has gained 36 percent in value (14 percentage points less). Under Trump the NASDAQ has seen a 149 percent change for an increase of 49 percent. At the same point under Obama, that change was 186 percent —an increase of 86 percent (37 percentage points higher by Jeremy Kehoe than Trump).

TRUMP’s FAKE ECONOMY

URBANBROKERAGE.life

dtla LIFE

THE URBAN residential brokerage.

DRE # 02072044

With the March 3rd primaries around the corner, we asked all the candidates for the Democratic nomination to answer specific questions affecting Downtown LA’s residents. First to the newcomer mayor of South Bend, Indiana, freshly coming out of his delegate victory wins from the two early states. What differentiates you from the other candidates for the Democratic nomination? I’m running for president because in order to win and in order to lead, we need to turn the page on the political warfare we have come to accept from Washington, D.C and show the American people that we can do things that have never been done before. Donald Trump’s presidency will end one way or another, and when it does, we need a president who can unite this country around a bold vision for the next generation. I understand the challenges our country faces today, and I will bring the voices of working people in places like Los Angeles to Washington, and start working on the urgent issues that Donald Trump has made worse: fixing an economy threatened by corporate power and technology that didn’t exist a generation ago, tackling the global climate emergency, and repairing international alliances to take on security threats we couldn’t imagine decades ago. Why do you think you are the best option to beat Donald Trump in November? I would be the most progressive president we’d had in a half century. But I’m also putting together the governing coalition to get it done. I am calling every American into a sense of belonging that will unite Democrats who had been at our side all along, but also quite a few independents and even some Republicans who aren’t going to agree with me on everything, but know that we need a different president.

That’s how we’re going to win. That’s how we’re going to govern. And in a moment when our country is frighteningly polarized and divided, we’re going to need some healing, not at the expense of our values, but in the name of our values. The most critical issue for our readers is homelessness and safety on the streets, what are you planning on doing to eliminate homelessness, reduce housing cost in California, and help mentally ill and addiction issues that are a massive cause of people living on the streets? Our country has a housing crisis--not just a lack of affordable housing for those with the lowest incomes, but also not enough homes for working and middle class Americans. The scarcity of housing drives up prices and pushes families further away from jobs and opportunities. I’ve proposed to dramatically increase federal support for affordable housing. We can unlock access to affordable housing for over 7 million American families by making significant investments in new affordable housing, Housing Choice Vouchers, and low-income homeownership Programs. But investment alone is not enough. In too many cities, restrictive local zoning and other building requirements limit housing development and contribute to housing shortages. I will require any city or county receiving federal housing funds to facilitate a participative, community-oriented process to set affordable housing strategy. This will include considering zoning reforms and other locally-determined rules that constrain new construction. This requirement is similar to the procedure for considering zoning impacts under the suspended Affirmatively Furthering Fair Housing rule. In cities with the highest rent burdens and most restrictive zoning requirements, I will instruct HUD to implement progressive restrictions of federal funding if localities fail to participate in such a process and implement necessary chang-

PETE BUTTIGIED Photo courtesy of Pete for America.

Photo courtesy of Pete for America.

es to keep housing affordable for their residents. Cities will continue to have the ability to take different approaches to upzoning, for example targeting transit-adjacent areas, implementing city-wide zoning reforms but restricting high-rise buildings to certain areas, or allowing accessory dwelling units in single family neighborhoods. And we’ve got to create a culture where it is as acceptable to talk about struggling with bipolar disorder as it would be to talk about a fight with cancer, where it is as routine to seek an emotional health checkup as it as a physical. If we make that change in how we talk about and think about serious mental illness and addiction, that makes it so much easier to get the policy right. And I will be a president who will give voice to those struggles. And I’m also proposing that we use federal dollars to fund what we call healing and belonging grants to local communities. Because often a different area will have a different combination of struggles when it comes to mental health, behavioral health, and addiction. And so I don’t think all of the answers have to come from Washington, but more of the money should. And we will empower local health departments, local communities, and local organizations seeking to deliver those solutions and make sure that they get funding to help them as they do. But to end where I began, you know, for you to honor Abigail by speaking up is part of what we need to do to elevate these issues and bring them out of the shadows. And I promise to be a partner in making sure that that happens nationally. There are also very simple solutions to the issues that many middle class Americans face, including affording a home: raising wages and lowering costs. Economic progress has to mean that we are actually earning enough to live on. We need an economy where everyone is valued and respected in the workplace. Politicians are using GDP as a measure of success, instead of what matters most to workers: a rising income. When you target the wrong number, you get the wrong policies.

As President, I will measure our success by the success of working Americans and their families. I will raise the minimum wage to $15 an hour, roll back corporate tax cuts on corporations and the wealthy, and lower costs in our healthcare system by passing Medicare For All Who Want It and lowering prescription drug prices. And last, why should Los Angeles voters trust your judgement? I freely admit that if you’re looking for the person with the most years of Washington establishment experience under their belt, you’ve got your candidate, and of course it’s not me. The perspective I’m bringing is that of somebody whose life has been shaped by the decisions that are made in those big white buildings in Washington, DC. Somebody who has guided a community written off as dying just a decade ago through historic transformation. Somebody who knows what it means to be sent to war on orders that come out of the Situation Room. We need a perspective right now that will finally allow us to leave the politics of the past in the past and bring change to Washington before it’s too late. The next president is going to face challenges from global health security, like what we’re seeing coming out of China, to cybersecurity and election security challenges that were barely thought of a few years ago. And here at home we’re seeing things like gig work transforming what it means to be a worker in America in ways that were barely conceived of not that long ago. We cannot solve the problems before us by looking back. We have to be ready to turn the page and change our politics before it’s too late. And I’m seeing everywhere I go, not just fellow Democrats, but a striking number of Independents, and what I like to call future former Republicans ready to join in that historic American majority to turn the page.

www.peteforamerica.com

ELIZABETH WARREN Photo courtesy of Elizabeth Warren.

Then we asked the same questions to early favorite, Machassusets Senator Elizabeth Warren. What differentiates you from the other candidates for the Democratic nomination? I never thought I’d end up in politics. My dream growing up was to be a teacher, and I got to live that dream as a public school special education teacher and then a college professor. The first time I ever ran for public office was in 2012, and I got in the fight because I saw how our government worked great for the wealthy and well-connected but not so much for anyone else. For far too long, the government has worked better and better for those with power and influence in Washington. That’s corruption, pure and simple. I have the biggest anti-corruption plan since Watergate because we need to root out the influence of money in our government and put power back in the hands of the people. This will be my priority as president. Why do you think you are the best option to beat Donald Trump in November? The Trump Administration is the most corrupt administration in history. 2020 is our chance to draw a contrast, and the best way we do that is by talking about how we can make Washington actually work for people, not just the wealthy and well connected. I’ve proven I can do just that.

The most critical issue for our readers is homelessness and safety on the streets, what are you planning on doing to eliminate homelessness, reduce housing cost in California, and help mentally ill and addiction issues that are a massive cause of people living on the streets? My housing plan tackles the growing cost of housing at its root: a severe lack of affordable housing supply and state and local land-use rules that needlessly drive up housing costs. My plan would build or rehabilitate more than 3 million new housing units – bringing down rents by 10% nationwide – and I’ll commit to prioritizing a portion of these units to particularly vulnerable groups, like the chronically homeless. My plan to protect and empower renters will also prevent homelessness by tackling the growing cost of rent, strengthening fair housing law and enforcement, fighting for a nationwide right to counsel for low-income tenants in eviction proceedings, and creating a national small dollar grant program to help make sure families aren’t evicted because of financial emergencies. I’ll also establish a new Tenant Protection Bureau, housed within HUD and modeled after the Consumer Financial Protection Bureau, to enforce federal tenant protections, like just-cause eviction, for tenants in all federally-funded affordable housing developments, ensure safe and decent living conditions, and guarantee landlords don’t illegally raise rents or fees in federally-subsidized housing.

I warned about the economic crash years before the 2008 crisis, and after it happened, I went to Washington to fight for the creation of the Consumer Financial Protection Bureau, an agency that has returned more than $12 billion back to 29 million consumers cheated by financial institutions.

I also believe we need Medicare for All so every person can get the health care they need, including mental health care. In my first 100 days, I will use fast track budget reconciliation to pass a true Medicare for All option that will be free for families with incomes at 200% below the poverty line and affordable for everyone else.

When Republicans in Congress blocked my nomination to lead the new agency, I ran against one of them – and won, becoming the first woman senator ever elected in Massachusetts. I will beat Donald Trump in November because I know how to fight and I know how to win.

Once everyone has had the chance to try it, I will work with Congress to complete the transition to Medicare for All no later than my third year in office. In addition to investing in Medicare for All to provide critical mental health services, I’ll decriminalize mental health crises. I will work to increase

funding for “co-responder” initiatives that connect law enforcement to mental health care providers and experts. And my administration will pilot evidence-based crisis response efforts to provide needed services to individuals with mental illness. As president, I will also develop a comprehensive LGBTQ+ homelessness prevention program within the U.S. Interagency Council on Homelessness to dramatically reduce the number of youth experiencing homelessness.

What are your thoughts on declaring an emergency about the homeless problem and providing FEMA help to stop the crisis? Homelessness is a crisis in Los Angeles and other cities around America. We need to stop treating our neighbors who are experiencing homelessness as criminals, and instead provide states and cities the resources they need to prevent and combat the epidemic of homelessness, particularly among LGBTQ+ youth, transgender people, and veterans. As we fight to end homelessness and expand affordable housing, we won’t leave any groups behind.

The program will research pathways into homelessness that disproportionately affect LGBTQ+ individuals, like family rejection, and work directly with LGBTQ+ youth of color and transgender youth experiencing homelessness to gather in- And last, why should Los Angeles voters trust formation on the particular barriers they face. you to be their nominee? I will also fight for programs that help LGBTQ+ youth once they become homeless, including reauthorizing and fully funding the Runaway and Homeless Youth Act and ensuring that it includes robust non-discrimination protections. And I will support programs that help people experiencing homelessness secure employment and educational opportunities that will prevent them from being pulled back into homelessness. My plan to support our veterans calls on fully fund rapid re-housing and permanent supporting housing through the Supportive Services for Veteran Families (SSVF) and HUD-VASH programs and to create a new competitive grant program to provide wrap-around services for veterans and their families.

I grew up in Oklahoma on the ragged edge of the middle class. When my daddy had a heart attack, he couldn’t work and our family struggled to make ends meet – until my mom got a minimum wage job and saved our family. That experience is why I’ve spent my career fighting for working families and standing up for consumers who have been cheated. I’m running for president because we need to root out the corruption that for too long has allowed Washington, D.C. to become a tool for the wealthy and well-connected to get their way. When I’m president, we’ll make government work for the people, raise wages, lead the global effort to fight climate change, and deliver real change.

Additionally, I have introduced what experts believe to be the best bill in Congress to fight the opioid epidemic. Under my bill, states and communities will receive $100 billion in federal funding over the next ten years, because that’s what’s needed to make sure every single person gets the treatment they need. Along with addiction treatment, the CARE Act would ensure access to mental health services and help provide critical wraparound services like housing support and medical transportation for those who need them.

www.elizabethwarren.com

Photos courtesy of Elizabeth Warren.

MIKE BLOOMBERG Photo courtesy of Mike Bloomberg

Last, please take a look at Mayor Bloomberg’s answers. Often seen as the savior of the Democratic Party to Defeat Trump in November. What differentiates you from the other candidates for the Democratic nomination? Mike ran the largest city in the country for 12 years. Mike produces real results. Here are 5 facts about his terms as Mayor that all voters should know: i) Healthcare: Nearly a million more people - and 200,000 children - received health insurance; ii) Climate: greenhouse gases were reduced by 13%, producing the best air quality in 50 years; iii) Housing: Mike built more than 175,000 units of affordable housing - the largest program in the country; iv) Jobs: Mike created nearly 500,000 new jobs, the fastest growth rate of any major city in America; v) Education: Mike raised teacher salaries by 43%, and high school graduation rates by 42%. He also helped improve reading and math scores for Latinos and African Americans, narrowing the racial education gap. Second, Mike has consistently demonstrated an ability to bring people together to get hard things done. As former Navy Secretary Richard said yesterday when he endorsed Mike: “We need a leader who can bring the country together. This is not about a party. This is not about left and right. It’s about where can we find a solution to get the country working together and be unified, with an operable political system.” Why do you think you are the best option to beat Donald Trump in November? Three reasons: First, Mike is the only candidate who has beaten Donald Trump before. In the 2018 elections, Mike was instrumental in helping elect Democrats who championed responsible gun safety laws - and dealing a crushing blow to Trump by helping turn the House of Representatives to Democratic control. Second, polling consistently shows Mike is the strongest candidate against Trump. And third, as Mike has said: “I’m a New Yorker. I never back down from a bully or run away from a fight. There’s nothing Donald Trump can do or say that will hurt me.”

Photo courtesy of Mike Bloomberg

The most critical issue for our readers is homelessness and safety on the streets, what are you planning on doing to eliminate homelessness, reduce housing cost in California, and help mentally ill and addiction issues that are a massive cause of people living on the streets? Mike has proposed the most comprehensive plan to address the issue and will cut homelessness in half in four years. His five-part plan will i) double annual federal spending on homelessness; ii) guarantee rental assistance to extremely low-income Americans; iii) create hundreds of thousands of affordable housing units; iv) help renters become homeowners; and v) use regulation and incentives to curb housing discrimination. Mike is also on record for promoting rapid-rehousing and permanent supportive housing, providing stability to the chronically homeless to address issues such as substance use disorder and mental health services where needed and serving as a bridge to rental assistance. What are your thoughts on declaring an emergency on the homeless problem and providing FEMA help to stop the crisis? Itâ&#x20AC;&#x2122;s the right move. Treating it as a national emergency, Mike will deploy immediate and unprecedented federal resources to tackle the homelessness crisis in America and make clear to city leaders that reducing homelessness and treating people with dignity and respect must be central to their agendas. And last, why should Los Angeles voters trust you to be their nominee? Because Angelenos are smart enough to know talk is cheap and Mike has the best track record of achievement of anyone running for President. On the issues that matter most: health care, climate, guns, wages, jobs, and quality of life, Mike has produced actual results - because he finds a way to bring people together and get things done.

www.mikebloomberg.com

Photos Courtesy of Gloria Delson Contemporary Arts

Donna Isham’s “SHE: UnBound”

“I want to depict the true beauty of those who will no longer be marginalized, who challenge the status quo. Fearless and flawed, these women are beautiful” – Donna Isham. Fine artist Donna Isham’s first solo exhibit titled SHE: UnBound will open Thursday, March 7 through March 31, 2020, at Gloria Delson Contemporary Arts (727 S Spring St, Los Angeles, CA 90014) in downtown Los Angeles. The exhibit will feature Donna Isham’s thought-provoking female-centric figurative series along with her emotive abstract works. Isham’s figurative works are naked, raw, and beautiful. She utilizes live models, photographs, and a variety of materials from oil and acrylic to charcoal and pastels to create a more visceral impact. “This entire series embraces a more fluid concept of female beauty and power,” Isham states, “we can no longer be bound to some unattainable idea of perfection. We must celebrate our diversity and individuality.” Isham’s passion for redefining old standards of beauty was recognized following her ‘UnBound’ Art installation, featured during Art Basel, with Notable Magazine calling Isham’s work, “this is what feminist art looks like.” Isham’s abstract work is equally focused on freedom of expression, “While my figurative series is female-centric, my abstract work speaks more to emotion than to gender,” says Isham. “I am a feminist, but primarily a humanist, so my abstracts are not gendered specific. Free expression is a passion of mine, and with this work, I wanted to distill feelings and emotion to create a dialogue with the viewer.”

Applying palette knife and bold brush strokes, vibrant and muted colors, along with fast gestural mark-making, Isham depicts raw, unfiltered emotion. Using biomorphic states, the abstracts have a lyrical quality that captures the â&#x20AC;&#x2DC;motion of emotion.â&#x20AC;&#x2122; Isham draws influence from her vast experience in fashion and entertainment. Her paintings are part of private collections worldwide, and her work has been exhibited at numerous galleries across the country, including New York City, Los Angeles, and several galleries during Art Basel, Miami. Her career as a fine artist has also taken a philanthropic route, with Isham serving as the President of Artists for Human Rights Foundation, where she uses her creativity and expertise to create a more tolerant world. Donna Isham: She Unbound will be on view March 7 - March 31, 2020 at the Gloria Delson Contemporary Arts.

GLORIA DELSON CONTEMPORARY GALLERY GDCAgallery.com

BLADE

Photos Courtesy of BLADE

Sick of traveling through traffic to Downtown LA? Skip the madness and fly between DTLA and the Westside. BLADE now has helicopter flights between the Westside and DTLA getting you in and out in just five minutes. The BLADE Lounge DTLA is located just steps away from the Staples Center, LA Live, and hotels like The NoMad LA, The Ritz Carlton, or The Standard. These New helicopter routes between key Los Angeles destinations, including LAX, the Westside, Orange County, and Burbank, are conveniently scheduled for conveniences. Starting at $195 per seat and with flight times as short as five minutes, BLADE gives fliers fast and affordable alternatives to braving the often gridlocked LA car traffic. Additionally, fliers who are connecting to or disembarking from a flight operated by American Airlines may opt to be escorted between the helicopter and their flight with American’s new meet-and-assist program for premium-cabin guests. The service provides a seamless, on-tarmac connection between American and BLADE flights via American’s Cadillac service. This service is available for an additional fee. It may be purchased over the BLADE app by choosing ‘American add-on’ or on the BLADE website. BLADE’s LA operations utilize Airbus H130 helicopters, aircraft with one of the lowest noise and environmental footprints in the helicopter industry. All flights strictly follow Los Angeles noise abatement routes, altitudes, and best practices. BLADE is also taking essential steps in reducing our carbon footprint, has achieved carbon neutrality for the company in its entirety this past summer. BLADE is an integral part of an urban mobility revolution, and we recommend you to try and fly the future of Downtown LA transportation.

BLADE Blade.flyblade.com

dtla LIFE

URBAN residential brokerage.

library court

#615|1 B|1 B|700 SF $518,000

FOURTH QUARTER, 2OI9

DOWNTOWN LA

MARKET

ND Y EAR- E RE PORT

Photo by Hunter Kerhart

REPORT

Q4 2019 MARKET REPORT

ABOUT THE DCBID Founded in 1998, the Downtown Center Business Improvement District (DCBID) is a coalition of nearly 1,700 property owners in the central business district, united in their commitment to enhance the quality of life in the area. The organization has been a catalyst in the transformation of the Downtown Center District, turning it into a vibrant 24/7 destination. The mission of the Economic Development team is to improve and revitalize the District and bring investment and new businesses to the area. We provide services to current and prospective residents, workers, and businesses, including: • Development Consulting • Research and Information Requests • Events and Marketing • Monthly Housing and Office Tours • Customized Tours and Reports Whether you need information on new development, introductions to local decision-makers and influencers, or you just want to learn more about Downtown’s dynamic growth, we are the portal for information about the District and DTLA. To learn more about Downtown’s Renaissance and how to join us, visit www.DowntownLA.com.

DEFINITION OF DOWNTOWN LA The DCBID defines Downtown Los Angeles as the area bounded by the 110, 101, and 10 freeways and the LA River, plus Chinatown, City West, and Exposition Park. The projects contained in this report are within a portion of Downtown Los Angeles, shown on the map to the left.

Downtown Center Business Improvement District

TABLE OF CONTENTS

2019 YEAR IN REVIEW .......................................... 4 MARKET OVERVIEW

Residential & Retail ............................................ 6 Office & Hotel .................................................... 7

2019 OVERVIEW ................................................... 8 DEVELOPMENT UPDATE

Commercial Development Map ..................... 11 Residential Development Map ....................... 12 Under Construction ........................................ 14 Proposed ......................................................... 16 FEATURED PROJECTS

Major Mixed-Use ............................................ 20 Residential ...................................................... 21 Office ............................................................... 22 Retail ............................................................... 23 Hotel ............................................................... 24 Civic & Cultural ............................................... 25 SPOTLIGHT ON DTLA

Local Media ..................................................... 26 US and Global Media ...................................... 27 Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

2019 YEAR IN REVIEW Downtown LA experienced another year of significant growth in 2019 across all sectors. Once again, residential development led the way, with 4,447 new units coming online, beating the previous record set the prior year by 35%. And with over 35,000 units in the pipeline, that record may not stand for long. Beyond the numbers, 2019 was highlighted by big news about big projects. Among those, none was bigger than the start of construction at The Grand, The Related Companies’ long-gestating mixed-use Bunker Hill project designed by Frank Gehry. While that project got underway, THE BLOC was putting a bow on its redevelopment with several significant openings, including JOEY and Alamo Drafthouse Cinema. On the office front, nothing was bigger for DTLA than the Q1 arrival of Warner Music Group in the Arts District, which has already had ripple effects, including the signing of new 100k+ SF leases by Spotify, TubeScience, and Weedmaps. Finally, although this year’s highlight hotel openings were of the smaller, boutique variety, such as The Hoxton and SoHo Warehouse, the big news was the start of work on Lightstone Group’s 1,150-room Marriott AC/Moxy Hotel at Figueroa and Pico, the first of several planned megaprojects around the LA Convention Center.

Q4 EXECUTIVE SUMMARY RESIDENTIAL

2,011 new residential units opened at Park Fifth, Trademark, THEA at Metropolis, and Hope + Flower. With another 4,442 units under construction and over 32,000 proposed, the residential sector shows no signs of slowing.

RETAIL

The Habit opened its first DTLA location at 888 at Grand Hope Park, and Red Herring opened at Eighth & Grand Apartments.

OFFICE

The 7th & Olive project from Atlas Capital – future home of PK Market – and the Capitol Milling Building in Chinatown both crossed the finish line in Q4, bringing

KEY HIGHLIGHTS

HOTEL

164 dazzling rooms opened at The Hoxton at 11th & Broadway, while construction neared completion at The Proper – across 11th Street – and The Wayfarer in the Financial District, which announced a February 2020 opening.

CIVIC & CULTURAL

Construction continued on the $215-million expansion of California Hospital Medical Center, which will bring a new, four-story, 150k SF patient tower that will house the hospital’s ER, trauma and maternity wards.

KEY STATS

4,447

2,011

New residential units opened in 2019

New residential units opened in Q4

Brookfield announced $170m overhaul of the California Market Center The Grand broke ground on Bunker Hill JOEY and Alamo Drafthouse opened at The BLOC

over 150k SF of office and retail space to market in two spectacular historic revitalizations.

Downtown Center Business Improvement District

$3.88

Average Class A Office Rent Per Square Foot

$3.22

Apartment Asking Rent Per Square Foot

18.2% Office Vacancy Rate -4,305 SF Year-to-date office net absorption $171.27 Hotel RevPar

THEA at Metropolis

Capitol Milling

Broadway Trade Center

Park Fifth

Hope + Flower

CitizenM Hotel

Photos by Hunter Kerhart

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

MARKET OVERVIEW Metropolis

Residential

4,442

• 2,011 new residential units opened at Park Fifth, Trademark, THEA at Metropolis, and Hope + Flower

RESIDENTIAL UNITS UNDER CONSTRUCTION

• The City of Los Angeles approved plans for a 29-story residential tower with 205 units at 845 S. Olive

Perla

• Brookfield Properties began construction on their 784unit condo project just west of FIGat7th

Q4 2019

Q4 2018

Apartment Occupancy Rate

85.7%

88.3%

Apartment Asking Rent Per Square Foot

$3.22

$2,686

$2,648

$685

$697

Average Effective Rent Per Unit

1.1m SF OF RETAIL

Condo Sales

UNDER CONSTRUCTION

2.2m PROPOSED

Condo Price Per Square Foot Source: LA Lofts Realty, CoStar

NOTE: Occupancy rate adjusted due to opening of 1,698 units confirmed by DCBID but not reflected in CoStar

Retail • Almost 60,000 retail SF opened at 7th & Olive

Q4 2019

Q4 2018

Vacancy Rate

5.9%

5.2%

Average Rent Per Sq Ft

$3.05

$3.01

-257,262

165,444

(PK Market) and the adjacent 410 W. 7th • The Habit opened at 888 at Grand Hope Park • Sibling Rivalry opened at The Hoxton • Red Herring opened at Eighth & Grand Apartments

Downtown Center Business Improvement District

YTD Net Absorption Source: CoStar

Office • Capitol Milling opened in Chinatown – 60,000 SF of creative office space in historic adaptive reuse building

2.8m SF OF OFFICE SPACE UNDER CONSTRUCTION

2.8m

• Top 4 floors at 7th & Olive (over 100,000 SF) – 3rd floor of the building will all be PK Market’s office space

PROPOSED

• Class A and Overall Rents are up year-over-year

Q4 2019

Q4 2018

Vacancy Rate

18.2%

16.6%

Class A Rent Per Square Foot

$3.88

$3.68

Overall Rent Per Square Foot

$3.75

$3.64

YTD Net Absorption

-4,305

359,912

YTD Leasing Activity

3.8m

3.1m

The LA Proper

1,816 HOTEL ROOMS UNDER CONSTRUCTION

9,127 PROPOSED

Source: CBRE

Hotel • Parks Hotel & Resorts sold the Ace Hotel for $117 million, which comes to $643,000 per room • The Sydell Group sold the Freehand Hotel to Generator and Queensgate Investments • Site prep began for a 43-room hotel at 1320 S. Flower that was approved earlier in the year

Q4 2019

Q4 2018

78.9%

77.2%

YTD Average Daily Rate

$217.14

$220.90

YTD RevPAR

$171.27

$170.42

YTD Occupancy Rate

Source: LA Tourism and Convention Board

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

2019 OVERVIEW SIGNIFICANT REAL ESTATE SALES Property Name

Address

Buyer

Seller

Price

LA Times Olympic Printing Plant

2000 E. 8th St.

Atlas Capital

Harridge Development Group

$241m

Freehand Hotel

416 W. 8th St.

Queensgate Investments LLP

Yucaipa Companies / Sydell Group

$174m

Ace Hotel and Theater

929 S. Broadway

AJU Hotels & Resorts

Parks Hotels & Resorts

$117m

717 Olympic

717 W. Olympic Blvd.

MetLife, Inc.

UDR, Inc.

The Grace on Spring

732 S. Spring St.

Daydream Apartments

Holland Partner Group

$203.5m

The Griffin on Spring

755 S. Spring St.

Daydream Apartments

Holland Partner Group

$199.6m

STOA

222 S. Main St.

Equity Residential

Holland Partner Group

$105.2m

1111 Wilshire

Pacific Life Insurance Co.

UBS Realty Investors

$91.3m

Ford Factory

777 S. Santa Fe Ave.

Access Industries

Shorenstein Properties

$193.5m

Bixel Tower Development

1110-1136 Ingraham St.

Realm

United American Properties

$29.8m

1515 E. 15th St.

Rexford Industrial Realty

Graff Californiawear

$28.1m

2020 E. 7th Pl.

Access Industries

Lion Real Estate Group

$19.8m

WREN

1230 S. Olive St.

State Street Global Advisors

AECOM

$180.1m

1213-1227 Santa Fe

1213-1227 S. Santa Fe Ave.

NCP Management

Nathan Kimmel

$11.4m

Maryland Heights

1337 W. 5th St.

Post Investment Group

Wells Fargo

$6.8m

Bentley City Lights

420 Witmer St.

State Street Global Advisors

AECOM

$5.1m

$55m

Downtown Center Business Improvement District

SELECT OFFICE LEASES Tenant

Building

Address

Sq. Ft.

Arent Fox

Gas Company Tower

555 W. 5th St.

49,548

American Business Bank

400 S. Hope St.

38,546

Willis Towers Watson

One Cal Plaza

300 S. Grand Ave.

30,615

Cornerstone Research

Gas Company Tower

555 W. 5th St.

25,000

Spotify (expansion)

At Mateo

555-581 Mateo St.

43,000

Scheper Kim & Harris LLP (sublease)

800 W. 6th St.

25,916

City National Bank

City National Tower

515 S. Flower St.

25,500

Burlington

THE BLOC

700 S. Flower St.

25,000

LA Care Health Plan

Garland Center

1200 W. 7th St.

212,335

Ghost Management Group

ROW DTLA

767 S. Alameda St.

114,939

TubeScience

655 S. Santa Fe Ave.

103,796

CommonGrounds Workplace

915 Wilshire Blvd.

WeWork

The Maxwell

405 Mateo St.

WeWork

Western Pacific Building

1031 S. Broadway

80,000

USC School of Social Work

South Park Center

1149 S. Hill St.

27,462

Carr Workplaces

The Bloc

700 S. Flower St.

23,950

45,978

Q1 102,962

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

2019 OVERVIEW RESIDENTIAL INVENTORY RESIDENTIAL UNITS Market Rate Rental

Since 1999

Current Inventory

2,426

27,201

29,627

2,049

31,676

25,354

829

5,931

6,760

1,938

8,698

3,894

8,371

3,919

12,290

455

12,745

2,134

11,626

37,051

48,677

4,442

53,119

31,382

83,238

7,596

90,833

Before 1999

Condos Affordable Total Estimated Population

Under Construction

Total When Complete

Proposed

Estimated Population = # of units x 1.8 residents per unit x 95% occupancy rate

NEW DEVELOPMENT Opened in Q4: Park Fifth

THEA at Metropolis

The Hoxton

7th & Olive / 410 W. 7th

Trademark

Hope + Flower

Capitol Milling Building

Metro maintenance facility

Aven

Alina

939 Broadway Lofts

The Trust Building

Aliso

Walnut Building

SoHo Warehouse

Maxwell Building

LA Plaza Village

435 W. Bernard

The Firehouse Hotel

537 S. Broadway

Also opened in 2019:

SELECT RETAIL OPENINGS Opened in Q4: Sibling Rivalry

Pilot at the Hoxton Hotel

Manly and Sons

Tarina Tarantino

HRB

Gallery Gomez

M. Georgina

Genwa Korean BBQ

Skin. Glow. God

Artesano Tamaleria

The Habit Burger Grill

California Chicken Café

Hoxton Hotel

Paper Source

Drybar

Red Herring

Donut Friend

Nightshade

Go Get Em Tiger

Pinches Tacos

H&H Brazilian Steakhouse

Shaquille’s

Alamo Drafthouse Cinema

V DTLA

HEM

Bok Bok Chicken

JOEY DTLA

Mullin Wine Bar

Also opened in 2019:

Downtown Center Business Improvement District

Commercial Development n Existing n Under Construction/Renovation n Proposed Opened or began construction in Q4 As of 12/31/19

Downtown Center Business Improvement District

Residential Development n Existing n Under Construction/Renovation n Proposed Opened or began construction in Q4 As of 12/31/19

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

UNDER CONSTRUCTION Project Name

Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

Estimated Completion

Developer

MAJOR MIXED USE BUNKER HILL The Grand

130 S. Grand Ave.

436

309

—

176,000

2021

The Related Companies

801 S. Broadway

—

150

624,500

345,000

2021

Waterbridge Capital

11th & Figueroa

504 C

183

—

166,000

2021

Oceanwide Holdings

695 S. Santa Fe Ave.

320

—

20,000

2020

Bolour Associates

1101 N. Main St.

318

—

2021

High Street Residential

1027 Wilshire Blvd.

376

—

6,500

2020

Amidi Group

7th & Witmer

1301-1307 W. 7th St.

—

6,000

2020

Deep Green Housing

Aria

1532-1538 Cambria St.

—

2020

Affirmed Housing

649 Lofts

649 S. Wall St.

—

2020

Skid Row Housing Trust

FLOR 401

401 E. 7th St.

100

—

2020

Skid Row Housing Trust

755 S. Figueroa St.

784 C

—

6,500

2021

Brookfield Properties

HISTORIC CORE Broadway Trade Center SOUTH PARK Oceanwide Plaza

RESIDENTIAL ARTS DISTRICT AMP Lofts CHINATOWN Llewellyn Apartments CITY WEST

FASHION DISTRICT

FINANCIAL DISTRICT 755 S. Figueroa St. HISTORIC CORE Brooks Building

644 S. Broadway

—

2,500

2021

640 S Broadway LLC

Singer Sewing Building

806 S. Broadway

—

TBD

2020

Anjac Fashion

HWH Luxury Living

354 S. Spring St.

188

—

17,500

2020

Standard Development

Perla

400 S. Broadway

450 C

—

7,000

2020

SCG America

—

2021

Skid Row Housing Trust

125

—

8,500

2020

Bonnis Properties

—

2,500

2020

Etco Homes

INDUSTRICAL DISTRICT SP7

419 E. 7th St./647 S. San Pedro

JEWELRY DISTRICT Foreman & Clark

701 S. Hill St.

LITTLE TOKYO Lotus 77

118 Astronaut E. S. Onizuka St.

SOUTH PARK

Emerald

1340 S. Olive St.

154

—

10,500

2021

Jade Enterprises

1400 Fig

1400 S. Figueroa St.

106

—

1,500

2020

DHG Family Trust

1133 Hope Tower

1133 S. Hope St.

200 C

—

5,000

2020

Fulton Street Ventures

1317 S. Hope St.

—

4,000

2020

FMB Development

Downtown Center Business Improvement District

UNDER CONSTRUCTION Project Name

Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

Estimated Completion

Developer

HOTEL FINANCIAL DISTRICT Hotel Clark

426 S. Hill St.

—

348

—

2020

Chetrit Group

Trinity Hotel

851 S. Grand Ave.

—

183

—

2020

Chetrit Group

1106 S. Broadway

—

148

—

2020

The Kor Group

Cambria Hotel Spring St.

419 S. Spring St.

—

180

—

2020

PNK Group

citizenM Hotel

361 S. Spring St.

—

315

—

2020

citizenM

Santa Fe Business Center

500 S. Santa Fe Ave.

—

90,000

—

2020

Chalmers

ROW DTLA

7th & Alameda

—

1,200,000

200,000

2020

Atlas Capital

Western Pacific Building

1031 S. Broadway

—

200,000

—

2020

Onni Group

Norton Building

755 S. Los Angeles St.

—

60,000

43,000

2020

Urban Offerings

718 S. Hill St.

—

45,000

7,000

2020

Bow West Capital

612 S. Broadway

—

41,000

25,500

2020

Afton Properties

Garland Building

740 S. Broadway

—

59,000

6,000

2020

740 S Broadway Associates, LLC

Dearden’s Building

700 S. Main St.

—

140,000

20,000

2020

Urban Offerings

Merritt Building

761 S. Broadway

—

50,000

—

2020

Bonnis Properties

The Barker

722 S. Broadway

—

46,000

11,000

2021

Satila Studios

Arcade Theatre

532 S. Broadway

—

33,000

—

2021

Downtown Management Co.

Zukor’s Building

314 W. 6th St.

—

51,000

—

2021

West 6th & Broadway Partnership

1111 S. Broadway

—

80,000

20,000

2020

Georgetown Co./The Hearst Corp.

Calif. Hospital Med. Cnt. expansion

1401 S. Grand Ave.

—

2021

Dignity Health

Terasaki Budokan Comm. Center

229-249 S. Los Angeles St.

—

2020

Little Tokyo Service Center

FASHION DISTRICT Proper Hotel HISTORIC CORE

OFFICE & RETAIL ARTS DISTRICT

FASHION DISTRICT

JEWELRY DISTRICT Green Street HISTORIC CORE

SOUTH PARK Herald Examiner

CIVIC ARTS DISTRICT/LITTLE TOKYO

TOTAL UNDER CONSTRUCTION

4,442 Residential Units

1,816 Hotel Rooms

2,775,000 Office Sq. Ft.

1,115,000 Retail Sq. Ft.

TOTAL # OF PROJECTS = 43

C = Condo

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

PROPOSED Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

6AM

6th & Alameda

1,305/431 C

412

250,000

128,000

2110 Bay St.

110

—

113,000

51,000

670 Mesquit St.

308

236

944,000

136,000

520 S. Mateo St.

475

—

105,000

20,000

Carmel Partners

Arts District Center

1101 E. 5th St.

129 C

113

—

72,500

Arts District Development, LLC

2117 E. Violet St.

2117-2143 E. Violet St.

347

—

187,000

22,000

Onni Group

Project Name

Developer

MAJOR MIXED USE ARTS DISTRICT SunCal Bay Capital Fund V.E. Equities

BUNKER HILL Angels Landing

361 S. Hill St.

261/180 C

509

36,000

45,000

Peebles Corp., Macfarlane Ptrs., Claridge Props.

333 S. Figueroa St.

224/242 C

599

—

28,500

Shenzhen New World Group

34,000

Onni Group

10,000

Tribune Real Estate Holdings

CIVIC CENTER Onni Times Square

100 S. Broadway

222 W. 2nd St.

1,127

—

222 W. 2nd St.

680

—

9th & San Pedro

948

210

333 S. Alameda St.

994

—

1020 S. Figueroa St.

435 C

Olympic Tower

813 W. Olympic Blvd.

Figueroa Centre

911-927 S. Figueroa St.

1600 S. Figueroa St.

South Park Towers

1600 S. Flower St.

Industrial Street Lofts

TBD —

FASHION DISTRICT City Market

TBD

225,000

Peter Fleming

—

100,000

TBD

300

—

80,000

Hazens

374 C

373

33,500

65,000

Neman Real Estate Development

200 C

220

—

29,000

Regalian

134/202 C

250

6,500

9,000

L&R Group of Companies

250

300

—

13,000

Venice Hope Group, LLC

1525 Industrial St.

344

—

25,000

4,000

Alameda & 4th Lofts

360 S. Alameda St.

—

TBD

1800 E. 7th St.

122

—

8,000

Hillcrest Company

Palmetto Colyton

527 S. Colyton St.

310

—

27,500

Bolour Associates

330 S. Alameda St.

186

—

22,000

Greystar

5th & Seaton

220

—

44,500

WW-5th & Seaton

676 S. Mateo St.

185

—

23,000

Maxaam Enterprises

AVA Arts District

668 S. Alameda St.

—

61,000

AvalonBay Communities

1000 S. Mateo St.

113

—

120,000

LITTLE TOKYO Little Tokyo Galleria SOUTH PARK

RESIDENTIAL ARTS DISTRICT

Downtown Center Business Improvement District

Camden South Alameda Development

Mateo Arts, LLC

PROPOSED Project Name

Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

Developer

ARTS DISTRICT (Cont.) 234 N. Center St.

234 N. Center St.

4th St & Hewitt

940 E. 4th St.

641 1340 E. 6th St.

430

—

8,500

Atlas Capital

—

20,000

Shoreham Capital

641 S. Imperial St.

140

—

7,000

Adam Lindemann

1340 E. 6th St.

193

—

Suncoast Ventures

350 S. Figueroa St.

570

—

Jamison

Chinatown Station

924 N. Spring St.

725

—

51,000

720 W. Cesar E Chavez

299

—

8,000

Zion Enterprises/TA Partners

211 W. Alpine St.

153

—

2,500

Izek Shomoff

708 N. Hill St.

162

—

5,000

Avant Development

643 N. Spring St.

300

—

149

21,000

1201 N. Broadway

124

—

8,500

Johnson Fain

Buena Vista

1251 N. Spring St.

920

—

18,000

S&R Partners

Harmony

942 N. Broadway

178

—

37,000

Townline and Forme Development

1435-1465 N. Main St.

243

—

Eleven Fifty Wilshire

1150 Wilshire Blvd.

140 C

—

9,000

PacTen Partners

The Seven

1135 W. 7th St.

225

—

7,000

SEVEN Street Properties

Ingraham Apartments

1230 W. Ingraham St.

121

—

Bixel Residences

675 S. Bixel St.

422

126

—

5,500

Career Lofts LA

Lifan Tower

1247 W. 7th St.

272

—

5,500

Lifan Group

804 S. Garland Ave.

118

—

TBD

Fashion District Residences

222 E. 7th St.

452

—

13,500

Realm Group/Urban Offerings

1100 S. Main St.

379

—

26,000

Jade Enterprises

Southern California Flower Market

755 S. Wall St.

323

—

59,000

81,000

Southern California Flower Growers, Inc

Broadway Lofts

955 S. Broadway

163 C

—

6,500

The Lane Building

206-208 W. 8th St.

109

—

Main Street Tower

1123-1161 S. Main St.

363

—

12,500

949 S. Hope St.

236

—

6,500

Brookfield Properties

Fig & 8th

744 S. Figueroa St.

438

—

7,500

Mitsui Fudosan

845 S. Olive St.

205

—

2,500

Heart Olive

8th, Hope & Grand

754 S. Hope St.

547

—

7,500

Mitsui Fudosan

BUNKER HILL LA World Trade Center CHINATOWN Atlas Capital

Compagnie de Phalsbourg/Creative Space

1457 Main Property LLC

CITY WEST

SRO Housing Corporation

WPDTLA

FASHION DISTRICT

Barry Shy The Delijani Family Jade Enterprises

FINANCIAL DISTRICT

C = Condo

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

PROPOSED Project Name

Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

Developer

HISTORIC CORE Hill Street Lofts

920 S. Hill St.

239 C

—

5,500

Medallion 2.0

4th & Main

500

—

38,000

Saeed Farkhondehpour

SB Omega

601 S. Main St.

452 C

—

21,500

Barry Shy

4th & Hill

340 S. Hill St.

428

—

5,500

Equity Residential

Spring St. Tower

525 S. Spring St.

360

—

9,500

Downtown Management

433 S. Main St.

196

—

6,500

Main Street Tower, LLC

Brooks Building

644 S. Broadway

—

2,500

640 S Broadway LLC

The Hill

940 S. Hill St.

232

—

14,000

The Alexan

850 S. Hill St.

305

—

6,000

Weingart Tower

554 S. San Pedro St.

382

—

Weingart Center

600 S. San Pedro St.

303

—

Weingart Center

803 E. 5th St.

803-821 E. 5th St.

—

16,000

6th Street Place

401 E. 6th St.

—

1,800

407 E. 5th St.

150

—

Relevant Group

Drake Hotel

675 Kohler St.

—

David Duel

6th at Central

601 S. Central Ave.

236

—

12,000

The Catalina

443 S. San Pedro St.

—

7,000

787 S. Towne Ave.

—

Towne Plaza, LLC

414 S. Crocker St.

120

—

Little Tokyo Service Center

Arris

1201 S. Grand Ave.

312

—

7,000

City Century

Vara

1233 S. Grand Ave.

148 C

—

5,000

City Century

1410 S. Flower St.

1370-1418 S. Flower St.

147

—

6,500

Oxley Place, LLC

Olympia

Olympic Blvd. & Harbor Fwy.

1,367

—

40,000

City Century

Olympic and Hill

1000-1034 S. Hill St.

700

—

15,000

Onni Group

1045 S. Olive St.

794

—

12,500

Crescent Heights

Onyx Phase 2

1301 S. Hope St.

248

—

30,000

Jade Enterprises

1335 S. Grand Ave.

1323-1349 S. Grand Ave.

284

—

6,500

M&A Gabaee

1334 S. Flower St.

1334-1348 S. Flower St.

177

—

2,500

The Condor

The Eden

1340 S. Hill St.

233

—

9,000

Suncoast Hill Street, LLC

1111 S. Hill St.

528 C

—

Crown South Hill, LLC

1115 S. Olive St.

536

—

6,000

Mack Urban / AECOM

Barry Shy

940 Hill LLC Trammell Crow Residential

INDUSTRIAL DISTRICT

Coalition for Responsible Community Development Mercy Housing of California

Triangle Plaza LLC Statewide Acquisitions Corp

LITTLE TOKYO 414 S. Crocker St. SOUTH PARK

Downtown Center Business Improvement District

Project Name

Address

Residential Units

Hotel Rooms

Office Sq. Ft.

Retail Sq. Ft.

Developer

Mack Urban / AECOM

SOUTH PARK (Cont.) 1120 S. Olive St.

1120 S. Olive St.

713

—

11,500

1317 S. Grand Ave.

151

—

Housing Diversity Corporation

400 S. Alameda St.

—

Habita Arts District, LLC

2057 E. 7th St.

—

1711 Lincoln, LLC

1543 W. Olympic Blvd.

—

200

—

Chul Heay Shin

124 E. Olympic Blvd.

—

149

—

Jamison

Spring Street Hotel

631-633 S. Spring St.

—

170

—

Lizard Capital

5th and Hill

319-323 W. 5th St.

31 C

190

—

JMF Development

Fig+Pico

Figueroa St. & Pico Blvd.

—

1,162

—

13,000

Morrison Hotel

1246 S. Hope St.

—

245

—

TBD

Relevant Group

Trical Hotel

1300 S. Figueroa St.

—

1,024

—

TBD

Trical Construction Inc.

1155 S. Olive St.

—

243

—

Mack Urban / AECOM

Hyatt Centric

1138 S. Broadway

—

139

—

United Broadway, LLC

JW Marriott LA LIVE expansion

900 W. Olympic Blvd.

—

850

—

AEG

1323-1331 S. Flower St.

132

—

Elliot Tishbi

1320 S. Flower St.

—

1318 Flower, LLC

Cambria Hotel

920-928 James M. Wood Blvd.

—

247

—

Sun Capital & Pacific Property Partners

1219-1221 S. Hope St.

—

1221 S Hope St, LLC

TBD

—

232,000

11,000

Urban Offerings Est4te Four Capital

HOTEL ARTS DISTRICT

CITY WEST The Bricks FASHION DISTRICT Mart South Hotel HISTORIC CORE

SOUTH PARK Lightstone

OFFICE & RETAIL ARTS DISTRICT 4th Place & Hewitt

321 S. Hewitt St.

2nd & Vignes

929 E. 2nd St.

—

65,000

32,000

2130 E. Violet St.

—

91,000

6,000

Produce LA

640 S. Santa Fe Ave.

—

100,000

15,000

Continuum Partners

405 S. Hewitt St.

—

255,000

15,000

Legendary Development

2159 E. Bay St.

—

203,000

16,000

Tishman Speyer

440 Seaton St.

—

50,000

—

9,127 Hotel Rooms

2,776,000 Office Sq. Ft.

TOTAL PROPOSED

31,382 Residential Units

2,183,000 Retail Sq. Ft.

Lowe Enterprises

Urbanlime Real Estate TOTAL # OF PROJECTS = 119

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

FEATURED PROJECTS

UNDER CONSTRUCTION

THE GRAND

UNDER CONSTRUCTION

OCEANWIDE PLAZA

Developer: The Related Companies

Developer: Oceanwide Holdings

Construction began in 2019 on this Bunker Hill project. Designed by Frank Gehry, it will feature over 400 residential units, a 309-room Equinox Hotel, and over 175,000 SF of retail space.

Across from Staples Center and L.A. LIVE in South Park, this $1 billion project will include 504 condos, 184 hotel rooms, and almost 200,000 SF of retail.

PROPOSED

Major Mixed-Use

PROPOSED

ONNI TIMES SQUARE

ANGELS LANDING

Developer: Onni Group

Developer: Macfarlane Partners

1,127 apartments and almost 35k of retail SF are proposed in Onni’s latest project at 1st & Broadway.

Downtown’s next mega-project will feature 64-story and 42-story towers with 509 hotel rooms, 180 condos, 261 apartments, and much more.

Downtown Center Business Improvement District

FEATURED PROJECTS

Residential

UNDER CONSTRUCTION

HWH LUXURY LIVING Developer: Standard Development 188 apartments and almost 20k in retail SF will be opening in early 2020 near the bustling intersection of 4th & Spring.

UNDER CONSTRUCTION

PERLA

Developer: SCG The first new highrise to be built on Broadway will consist of 450 condos, with pricing starting at $400K.

UNDER CONSTRUCTION

AMP LOFTS

Developer: Bolour Associates Across the street from Warner Musicâ&#x20AC;&#x2122;s new headquarters in the Arts District, this project includes 320 apartments and 20,000 SF of retail.

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

Office

FEATURED PROJECTS

UNDER CONSTRUCTION

Developer: Urban Offerings

Developer: Atlas Capital

Designed by Omgivning and unique due to its heavy timber construction, the restoration of this early 20th century building will bring 140K SF of offices to the corner of 7th and Main.

Transformation of 1.5 million SF of industrial space into a creative destination is underway with the first retail and office tenants taking occupancy.

UNDER CONSTRUCTION

PROPOSED

DEARDENâ&#x20AC;&#x2122;S BUILDING

ROW DTLA

HERALD EXAMINER

PRODUCE LA

Developer: Georgetown

Developer: Continuum Partners

Interior work is underway on this architectural gem that has been leased to Arizona State University.

100k of office SF and 15k of retail SF will be starting construction shortly near 6th and Santa Fe.

Downtown Center Business Improvement District

Retail

FEATURED PROJECTS

UNDER CONSTRUCTION

HALO

Developer: Brookfield Properties Next generation food hall - with several prominent tenants such as Trejoâ&#x20AC;&#x2122;s Tacos and Shake Shack - slated to open in early 2020.

UNDER CONSTRUCTION

BROADWAY TRADE CENTER Developer: Waterbridge Capital With over 1 million SF of space that has been vacant for years, this project will activate almost a full city block at Broadway and 8th in the Historic Core.

UNDER CONSTRUCTION

APPLE STORE Developer: Apple

Work has begun on the highly anticipated Apple Store at the historic Tower Theater at 8th and Broadway.

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

Hotel

FEATURED PROJECTS

UNDER CONSTRUCTION

CAMBRIA HOTEL Developer: PNK Group Conversion of an office building - itself originally a 1920s parking garage - into 180 new rooms at the corner of 4th & Spring.

UNDER CONSTRUCTION

CITIZENM HOTEL Developer: citizenM This 315-room hotel at the corner of 4th and Spring is the Dutch hotel chain’s first in Southern California.

UNDER CONSTRUCTION

THE LA PROPER Developer: KOR Group Situated south of the Ace Hotel, this historic conversion in the Fashion District promises to expand the boundaries of Broadway’s revival.

Downtown Center Business Improvement District

FEATURED PROJECTS

Civic & Cultural

UNDER CONSTRUCTION

REGIONAL CONNECTOR Developer: Metro This 1.9-mile, $1.55 billion underground light rail extension, set to open in 2021, will provide a one-seat ride for north/south and east/west travel across Los Angeles County through the heart of Downtown.

UNDER CONSTRUCTION

6TH STREET VIADUCT Developer: City of Los Angeles The iconic Sixth Street Viaduct is being demolished and replaced. The new bridgeâ&#x20AC;&#x2122;s community features will enhance the vital connection between the growing Arts District on the west side of the Los Angeles River and historic Boyle Heights on the east side. Completion is scheduled for 2023.

UNDER CONSTRUCTION

CALIFORNIA HOSPITAL MEDICAL CENTER EXPANSION Developer: Dignity Health California The hospital campus is adding a four-story, 150k SF patient tower to expand its ER, trauma, and maternity departments.

Downtown Center Business Improvement District

Q4 2019 MARKET REPORT

SPOTLIGHT ON DTLA

Local Media

DTLA’S FREEHAND HOTEL AND BROKEN SHAKER BAR SOLD TO LONDON GROUP FOR $400 MILLION “The Freehand Hotel’s rooftop bar Broken Shaker and The Exchange all maintain a strong presence in Downtown Los Angeles. As of yesterday, the Sydell Group — Freehand’s parent company that also owns NoMad and The Line hotels — announced it sold Freehand Hotels and Broken Shaker to London-based hotelier Generator and Queensgate Investments for $400 million.” —Eater LA, 10/15/2019

THE DONUT MAN WILL BRING ITS DELECTABLE, FRUIT-FILLED DOUGHNUTS TO GRAND CENTRAL MARKET “After almost 50 years, the Donut Man is opening a second location. Starting in February, the Donut Man will occupy a stall in downtown’s historic Grand Central Market, finally extending its sweet, sticky reach into Los Angeles proper.” —LA Times, 11/1/2019

NEW HALO PROJECT IN DTLA TO GET SHAKE SHACK AND MORE “Bunker Hill is really starting to come together! You can actually feel how much more vibrant it is now than ever before. Ever since the popular Broad Museum opened here in 2015 ... I often see crowds of people wandering Grand Ave even during the weekends, which was unheard of before. Even more exciting is how many huge projects are under construction right now that will transform this once sterile corporate address into a vibrant mixed-use destination on par with other lively districts in DTLA.” —DTLA Rising, 11/18/2019

PAYPAL JUST STRUCK L.A.’S BIGGEST EVER TECH DEAL “Digital payments giant PayPal Holdings Inc. announced a deal to buy the downtown Los Angeles-based Honey Science Corp. for $4 billion Wednesday, marking the largest acquisition of a tech company in L.A. history.” —LA Times, 11/20/2019

CITY OF LOS ANGELES APPROVES 29-STORY TOWER NEAR DTLA WHOLE FOODS “The project, slated for a surface parking lot spanning between 845 S. Olive Street and 842 S. Grand Avenue, calls for the construction of a 29-story building featuring 205 apartments above a podium structure containing 268 parking stalls and 2,400 square feet of ground-floor retail space.” —Urbanize LA, 12/10/2019

THE HOXTON DOWNTOWN LA IS A HIP NEW HOTEL FOR THOSE WHO REVERE ART AND DESIGN OVER TRADITIONAL HOTEL CHAINS “As a Los Angeles native who treasures my 1936 home and makes every effort to lovingly maintain its vintage style, I just adore seeing other buildings that reflect the city’s vibrant, aesthetically stunning history, updated for modern comfort. So, I was eager to check out Hoxton Hotels’ new location in downtown Los Angeles.” —Business Insider, 12/13/2019 26

Downtown Center Business Improvement District

PLEASE CONTACT THE DCBID WITH ANY QUESTIONS YOU MAY HAVE. Nick Griffin, Executive Director (213) 416-7522 I ngriffin@downtownla.com Elan Shore, Director of Research & Special Projects (213) 416-7518 I eshore@downtownla.com Michael Ashkenasi, Director of Project Management & Policy (213) 416-7529 I mashkenasi@downtownla.com

EVENTS I MAPS & GUIDES I RESTAURANTS I RESEARCH & REPORTS

ALEX LIMANDRI 213.447.4080

alex@dtlalife.com www.dtlalife.com

VOTED 2019

2018, 2017, 2011

BEST REAL ESTATE residential AGENT

k n a Th x e l A

! u o Y

dtla THE URBAN LIFE residential brokerage.

DRE # 02072044