Once a leader in water-conservation efforts in the area, the 7-acre property where Hotel Fullerton stood since the 1960’s will be redeveloped into industrial property. The $45 Million purchase adjacent to the 91 Freeway represents the high-demand of industrial redevelopment present in Orange County. The move is noted as significant because we typically see office-use …
Although the entirety of the nation will be enraptured over the Super Bowl this Sunday, the city of Los Angeles is more anxious about the future of its Hollywood Park development than some football game. The NFL knows it has a tremendous economic impact, at least momentarily, on cities that host the Super Bowl. The …
Los Angeles is leading the nation in hotel room construction despite a 64% occupancy rate to end 2021 as reported by L.A Business First, citing Lodging Econometrics. The hospitality sector—next to retail—took a severe blow due to the pandemic, but ‘leisure-travelers’ are largely responsible for the city reaching 100% of its pre-pandemic hotel room booking …
