Loft living in downtown Los Angeles transitions from an eclectic urban lifestyle to a real estate investment, as loft amenities and prices soar.
"The recent wave of downtown residents began about six years ago and consisted mostly of renters taking a chance on the first crop of converted lofts in the Old Bank district. They were lured by reasonable rents and the prospect of living in an urban environment.
But much of the residential development since has been condos, changing downtown's residential population. With prices rising, many new residents are making a bet that downtown will continue to gentrify, homelessness and crime will decline and more upscale retail shops will open. In other words, they see living downtown as an investment.
...Indeed, the days of the spartan industrial loft are over. Developers say downtown buyers are demanding high-end amenities, including rooftop pools, 24-hour doormen-security guards and elaborate gyms.
Urban planners say Los Angeles' demographic shift is similar to changes seen in urban neighborhoods in San Diego, Denver, Chicago and Washington, D.C."
FULL STORY: Living Gets Loftier in Downtown L.A.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

USGS Water Science Centers Targeted for Closure
If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.

Congress Moves to End Reconnecting Communities and Related Grants
The House Transportation and Infrastructure Committee moved to rescind funding for the Neighborhood Equity and Access program, which funds highway removals, freeway caps, transit projects, pedestrian infrastructure, and more.

Poor Conditions in Mobile Home Parks Put Residents at Risk
Failing infrastructure, poor water and air quality, and predatory owners endanger the health of manufactured home residents, many of whom are elderly and low-income.

How Complete Streets Stands to Lose in the FY26 ‘Skinny Budget’
The President’s proposed budget could cut key resources for active transportation, public transit, and road safety programs.

Dairy Queen and Rural Third Places
Dozens of Dairy Queen restaurants across Texas are closing, taking a critical community space with them.
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