Wednesday, October 17, 2007

A View from D.C.

Major national news outlet, The Washington Post, recently wrote about the growth of Downtown Los Angeles: Angeleno's New Refrain: 'I love (Downtown) LA'. Among many of the topics covered in the article is how Downtown L.A. is one of the hottest residential real estate markets in Los Angeles. What was once forbidden territory is now hip, trendy and well, relatively safe.

There are people out on the streets at night. Restaurants, clubs and cafes are buzzing after dark, long after the Suits have left their offices for the day. There are some who decry the increased property values and rents for having yet again, gentrified (yuppified?) an affordable urban live/work environment. However, most downtowners will agree that it is a very welcome evolution with the new Ralph's Fresh Fare supermarket heralding the way.

Many in L.A. are truly interested in an urban, live/work lifestyle where the car is not the center of one's existence, and Downtown L.A. is now that viable option.

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