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re LA city govt, when it was different decades ago, dtla was in decline. Yet certain important changes occurred back then too. The major redevelopment projs of the 1950s or 1960s are unthinkable today. But decades of limited devlpt forced that tactic onto LA...other cities in SoCal too.
Real estate devlpt over 50 yrs ago throughout the LA region in certain ways was so weak, govnt assistance was needed to get things done.
Today's LA city govt is very different & dtla again is in decline. More local city officials are apathetic about devlpt...a lot of their voters are NIMBY or anti-gentrification.
LA's movie & TV industry yrs ago had a monopoly on production....that's now just the opposite. When the signature business of LA was booming, other aspects of LA were kind of weak. Now certain things that were weak decades ago are better, but Hollywood...meaning the place, LA...Socal...is falling.
NYC is losing some of its banking, investment industry, but it's grabbing onto a lot of LA's movie & TV production. LA isn't grabbing the businesses once in NYC that are instead moving to Florida, Tennessee or Texas, but it's also losing a lot of its movie & TV industry. But some new aerospace companies have set up shop in Long beach or the south bay, but dtla is out of that loop.
Teeter totter. But right now dtla is again going through a decline...so it's taking a trip back to the future.