Quote:
Originally Posted by Illithid Dude
I understand plenty how long it takes neighborhoods to take around. But I've also watched as downtown L.A. goes against all that normally happens as a neighborhood gentrifies. Downtown Los Angeles has a bigger population then most of the other downtowns in the United States, many of which are actually the wealthy centers of their respective cities. Downtown L.A. bucked all the trends; it has the people to sustain higher-end retail, but doesn't have the high end retail. Normally, the retail comes in as the people come in, and normally, that process happens at a much slower pace then what is happening in DLTA. I think that DTLA is such an outlier in the world of gentrifying areas that, really, anything can happen.
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I'm sure we'd all love for that to be true, but part of the reason it takes 20+ years for a turnaround is that a lot of it is psychological. It's only very recently that a new generation of hipsters have begun to think of DTLA as more than a place to go for jury duty, whereas the previous generation only thought of it as a place to avoid at all cost. I mean, even after all this time you'd think DTLA could support a Trader Joe's, but apparently it's still not in the plans. Is it really because the neighborhood couldn't support one or is it still considered too "risky" in the minds of corporate?