Search results for: downtown
DTLA Alliance Report Shows Fresh Progress in Downtown
DTLA has faced numerous challenges since COVID-19. However, a new report from the DTLA Alliance shows progress in the city’s center.
Read MoreCulver City Votes to Add Second Car Lane to Downtown Corridor
The Culver City City Council voted to add a second car lane to the area’s downtown corridor by combining bus and bike lanes into one.
Read MoreDowntown Election Update
Downtown Election Update Elections Downtown did not have a city council candidate on the ballot, but that does not mean it was a quiet election night for the region. From LA Mayor to Measure ULA, many consequential items were on the ballot for this area at the city’s heart. LA Citywide Candidate Races Karen Bass…
Read MoreCRE Alert: Fate of the BOMA Cal Top 8
CRE Alert: Fate of the BOMA Cal Top 8 State Legislation We wanted to provide you with an update on the fate of BOMA California’s Top 8 priority bills. Keep in mind that the legislature is in summer recess and upon return more bills fate will be decided. What You Need to Know Bills…
Read MoreBenchmark Report Survey Deadline Extended!
The Operating Benchmark Report survey deadline is extended to June 21st.
This comprehensive survey covers various operating expenses, such as utilities, maintenance, insurance, and taxes.
Read MoreLA Budget Impacts on CRE
LA Budget Impacts on CRE Budgeting Los Angeles Mayor Karen Bass and the City Council recently approved a $12.8 billion budget for the 2024-2025 fiscal year. Budget cuts affecting staffing might lead to delays in permitting and inspections for commercial real estate projects, which could also affect security measures. What You Need to Know The…
Read MoreLA Metro Responds to Rise in Crime
LA Metro Responds to Rise in Crime Public Safety A pilot program in North Hollywood is testing new ideas for LA Metro to invest in, while the Metro Board votes to boost security on their transit lines. The system will begin testing a “Tap to Exit” program requiring riders to verify their paid fare as they…
Read MoreTwo Adaptive Reuse Bills Pass California Assembly
Downtown Assemblymember Miguel Santiago has proposed two bills, Assembly Bill 2909 and Assembly Bill 2910, to make adaptive reuse projects easier.
With the changing nature of work post-pandemic, there is a need for building owners to have greater flexibility with the use of their buildings. Office utilization has changed at the same time our state is experiencing a housing crisis.
Read MoreCA CRE Alert: Significant Legislative Bills That Could Impact Your Business
CA CRE Alert: Significant Legislative Bills That Could Impact Your Business State Legislation BOMA Cal is actively engaging in advocacy efforts in Sacramento, focusing on pivotal bills that could influence the commercial real estate sector. Read more about the priority bills here. What You Need to Know Bills Supporting Business Growth: AB 2433 makes it…
Read MoreCalifornia Storm Produces 12 Inches of Rain
The atmospheric river that caused the California storms dropped record-breaking amounts of rain of the state.
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