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Los Angeles/Long Beach Market Report
Multifamily construction--for-sale condos, loft-style apartments
and affordable rentals--are under construction or in planning
in many neighborhoods in Los Angeles and Long Beach. The recent
demand is driven by a number of factors: low-interest rates,
population growth, second-home buying and a desire to live
closer to work to avoid long commutes.
And in suburban Downey, a shuttered aerospace manufacturing
site on 160 acres is preparing for a second life as a home
to a shopping center, medical center and production studios.
By Greg Aragon and Paul Napolitano
- Residential Construction Rising
From Little Tokyo to South Park
About 3,000 housing units under construction in downtown
L.A.
Full
Story >>
- Living Closer to Work, Family
and Fun
There's a mini multi-family building boom on the west side.
Full
Story >>
- Structural Steel Starts on
'Stars'
Hathaway Dinwiddie Co. has started the structural steel
phase on 2000 Avenue of the Stars, a 12-story, 790,000-sq.-ft.
Class A office building in Century City.
Full
Story >>
- Beautifying Beverly Hills'
'Business Triangle'
A $16 million streetscape improvement project, called the
"Urban Design Program," involved the landscape
enhancement of five streets, which includes Rodeo Drive.
Full
Story >>
- A
Hot Summer in Big City by the Sea
Long Beach has 2,500 residential units under construction
or in planning.
Full Story >>
- Back
From the Dead in Downey
Transforming an abandoned site for mixed uses.
Full
Story >>
- Creating
a Colossal Campus
Bob Kain discusses HMC's role in the Kaiser Permanente complex
in Downey. Full
Story >>
Affordable
Housing in the Bay Area
Despite the growing gap between rising wages and rising home
costs, there are some bright spots in the affordable-housing
construction arena in the Bay Area. The largest projects underway
include Valencia Gardens in San Francisco's Mission District
and Easter Hill Housing in Richmond. Cinnabar Commons, a 245-unit
affordable family apartment complex in San Jose, is slated
for completion in December. By Mary Forgey. Full
Story >>
Mentoring
More than 200 pupils in Southern California are introduced
to the world of architecture, construction and engineering,
and receive awards at the annual ACE Los Angeles awards banquet
in Los Angeles. By Paul Napolitano. Full
Story >>
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