Quote:
Originally Posted by colemonkee
I deleted a lot of off topic posts. Anyone's definition of "westside" or "eastside," whether objective or subjective, has nothing - NOTHING - to do with Downtown projects and developments, which is the topic of this forum. Please keep posts in this forum on that very subject.
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I disagree. The westside vs eastside perception that exists in LA has a lot to do with the current state of DTLA. The whole city is skewed to the west side in a fashion that makes DTLA redundant. When a multi media company like TMZ decides to move because it needs more space, it doesn't consider DTLA. Instead, it moves from Weho to Playa del Vista and doubles its square footage.
The vacancy factor for LA County and DTLA office space currently is around 20%. Its 12% for the Westside due to new users coming into the market pretty regularly this past year. That's not happening in DTLA with the exception of a couple of architectural firms that can't afford the Westside any longer. The vast majority of new users are not considering DTLA......they are looking at commercial nodes on the Westside and maybe the Valley. That means the Westside is a major job engine for LA, not DT. DTLA gets the table scraps.....whatever drops to the floor.
When LA's DT, Century City, started to fill and there was little land for expansion, developers moved over to Playa del Vista. The whole city is tilted 'unnaturally' to the Westside even to the point where what should be the city's Eastside is actually unincorporated LA county. To ignore that issue and not bring it into the discussion is ignoring reality IMO.
The Westside and the Valley have sucked the life out of DTLA, made it irrelevant and stunted its growth. Its left LA with numerous faux hearts and no real heart. Its why LA empitomizes the concept of sprawl. I believe its one of the reasons why metro LA is not the economic juggernaut it was just 20 years ago.
If DTLA is going to regain its rightful place as the heart of the metro area, its going to have to take on the Westside at some point. It might be nice to contemplate when that might happen on this thread.