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Originally Posted by BrighamYen
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Nice! Though I wish that they weren't trying to establish a new retail corridor. It seems like everyone is trying to do that nowadays. I don't want retail to be spread too far between downtown for it to be effective. But still, overall, great news.
EDIT: Also, really interesting article from Downtown News about Evoq, the company that sprang from Muruelo Maddux's ashes.
http://www.ladowntownnews.com/news/where...b3e692c-14cc-11e2-b18f-001a4bcf887a.html
Apparently, the Desmond building and the entitlements for a 19 story tower next door are being auctioned off. Moreover, they are saying that re-vitalizing Alameda square is their biggest priority. They imagine a huge, mixed use complex of creative office, retail, and residential. Moreover, a Fortune 500 clothing company is planning to move it's headquarters downtown (!) and take roost in Alameda Square, eating up 80,000 square feet of office space. This points to a larger picture, where downtown becomes a world-reknown fashion center. Already, American Apparel is based in DT. Nastlygal, another quickly growing and increasingly major internet retailer, is based downtown. We see tons of evidence that boutiques are choosing to move downtown due to convenient location to manufacturers. And now we have major, fashion based companies leasing actual office space downtown. I think this can be our niche.