The edges of Los Angeles bleed like lipstick onto pale skin. This city is constantly expanding. And along with it, increases in traffic, smog and time spent trapped in gridlock during mind-numbing commutes, leading more people longing to live near their jobs. This year, 63 percent of buyers in downtown L.A. are purchasing what will be their primary residence, the majority of them so they can live closer to their work, according to a recent study by the Ryness Company, a marketing firm for developers. And this trend is spreading all over the city. We’ve seen it happen on Wilshire and in Westwood, but now tall buildings are going up downtown, in Hollywood and even in Marina del Rey. As density increases, sprawl is no longer an option and developers are forced to build up. Many have begun to look for old office buildings, hotels and other abandoned multistory structures that can be repurposed as high-rise... More >>>
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