Search results for: downtown
Revitalizing Downtowns and the Impact on Commercial Real EstateÂ
The Revitalizing Downtowns and Main Streets Act (RDMA), introduced by Representatives Jimmy Gomez (CA-34) and Mike Carey (OH-15), aims to solve two problems: empty commercial spaces and the housing shortage.
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 MoreDTLA Recovery Continues, But Key Issues Still Lag
The DTLA Alliance’s latest report shows DTLA is recovering, but ongoing challenges are still impacting leasing, operations, and tenant retention for commercial buildings.
Read MoreNew Study: Workforce Disruptions Affect Commercial Real Estate
A new report from the Los Angeles County Department of Economic Opportunity and LAEDC finds recent federal immigration enforcement actions are disrupting businesses across Los Angeles County. While it may sound like a workforce policy issue, the findings matter to BOMA/GLA members because business activity, tenant performance, and building operations are all tied to the local workforce.
Read MoreDTLA Activity Is Returning — And CRE Should Pay Attention
A new report from the Downtown LA Alliance shows Downtown Los Angeles is not just an office district anymore — it is becoming a full mixed-use neighborhood. More residents, visitors, and events are bringing steady activity back to the area. For commercial real estate professionals, that matters because building performance now depends on people being downtown, not just office leasing.
Read MoreLA City Council Approves Hiring of Hundreds of New LAPD Officers
After months of budget negotiations, the Los Angeles City Council has approved a plan to hire hundreds of new police officers—an issue closely tied to public safety, economic recovery, and the operation of commercial properties across Los Angeles.
Read MoreWhat Measure ULA’s $1B Milestone Means for Property Owners and Managers
Measure ULA has officially passed $1 billion in revenue. This milestone renews concerns about reduced deal activity, higher transaction costs, and slowed reinvestment. As debate over exemptions, legal challenges, and a possible 2026 ballot measure continues, the impacts of ULA remain highly relevant to our members.
Read MoreBOMA/GLA Preparing to Take Member Priorities to Washington DC
This month, BOMA/GLA is heading to Washington, D.C. to meet with congressional offices and advocate on federal policies that matter most to commercial real estate in Greater Los Angeles. Our advocacy staff will be joined by leaders from our Political Action Committee and Government Affairs Committee—bringing real, on-the-ground perspectives from owners and managers who know what it takes to keep buildings and business districts strong.
Read MoreLA Expands Adaptive Reuse Ordinance Beyond High-Density Hubs
Los Angeles is making it easier for developers to convert vacant office buildings into housing citywide. This expansion of the adaptive reuse ordinance could reshape the commercial real estate landscape, creating both new opportunities and considerations for property owners and managers.
Read More