The Wilshire Grand Center | Mel Melcon/LA Times Earlier this year, Los Angeles Mayor Eric Garcetti gave his State of the City address. He focused on economic successes as well as Los Angeles values and progress.
Eric Garcetti stated, “This is a place where people not only believe in a better future…we are creating it. The state of our city is undeniably strong. Record jobs, record investment, record visitors, record trade, record IPOs, returning industries, nation-leading infrastructure programs, and world-leading innovations. All of these things together are ushering in a transformational decade for our city.”
One such example of record developments, the Wilshire Grand Center, is the tallest building west of the Mississippi River and now open in downtown Los Angeles. At 1,100 feet, the building is home to a 900-room InterContinental Hotel on the upper levels and 365,000 square feet of class A office space on its lower floors. Prior to its completion, the US Bank Tower built in the late 1980s was the tallest building in Los Angeles.
This past July the Los Angeles Measure M, the largest local infrastructure measure in American History, went into effect. This will help to reduce traffic congestion and the “car capital of the world will soon be home to a transit system that is the envy of the world.”, said Los Angeles Mayor Eric Garcetti
Eric Garcetti stated, “This is a place where people not only believe in a better future…we are creating it. The state of our city is undeniably strong. Record jobs, record investment, record visitors, record trade, record IPOs, returning industries, nation-leading infrastructure programs, and world-leading innovations. All of these things together are ushering in a transformational decade for our city.”
One such example of record developments, the Wilshire Grand Center, is the tallest building west of the Mississippi River and now open in downtown Los Angeles. At 1,100 feet, the building is home to a 900-room InterContinental Hotel on the upper levels and 365,000 square feet of class A office space on its lower floors. Prior to its completion, the US Bank Tower built in the late 1980s was the tallest building in Los Angeles.
This past July the Los Angeles Measure M, the largest local infrastructure measure in American History, went into effect. This will help to reduce traffic congestion and the “car capital of the world will soon be home to a transit system that is the envy of the world.”, said Los Angeles Mayor Eric Garcetti
Christopher Meza at the first Chargers game in Los Angeles. Los Angeles is now home to two football teams, the Los Angeles Rams and the Los Angeles Chargers. The Charges had their first pre-season game in Los Angeles earlier this month at the StubHub Center, their temporary home. The Los Angeles Stadium, the largest stadium in the world and the future home of the Los Angeles Rams, the Los Angeles Charges, and the National Football League (NFL) Headquarters is currently under construction and is expected to be completed by 2020. The Los Angeles Stadium will host the 2022 Superbowl.
The City of Inglewood recently entered into an exclusive negotiations agreement with the Los Angeles clippers, a deal that could bring a new arena for the Los Angeles Clippers. The Madison Square Garden Company acquired and reconstructed the Inglewood Forum into a 2014, the largest concert-only event venue in Southern California.
Here are some renderings of the Los Angeles Stadium:
The City of Inglewood recently entered into an exclusive negotiations agreement with the Los Angeles clippers, a deal that could bring a new arena for the Los Angeles Clippers. The Madison Square Garden Company acquired and reconstructed the Inglewood Forum into a 2014, the largest concert-only event venue in Southern California.
Here are some renderings of the Los Angeles Stadium:
Los Angeles has the most installed solar of any city in America. Contributing to Sustainable Leadership, The Los Angeles Department of Water and Power (LADWP), will be coal free by 2025. Los Angeles recently acquired the G2, 42-acre parcel, for $59.3 million. The G2 parcel is key to the City’s Los Angeles River Revitalization Master Plan project.
 G2 Parcel Before Rehabilitation |  A conceptual rendering, G2 parcel post-rehabilitation. Courtesy of Mayor Eric Garcetti |
Los Angeles has built 50,000+ units of new housing since 2014 and is on track to meeting it’s goal of 100,000 new housing units by 2021. This is part of the City’s plan to make rent more affordable.
Record investments are being made in the City of Los Angeles that are sure to affect the rest of the County and beyond. This is arguably the best time to invest in Los Angeles, find out how by visiting our next live meeting or call our offices at (844) RTA-LAND (782-5263).
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