ECONOMY: Area boosters tout bright financial picture beyond pricey real estate.
Downtown L.A.’s renaissance has spread well beyond residents moving into high-price apartments and is now boosting the entire economy.
DEVELOPMENT: Plans for Angels Knoll expected to lean toward mixed use.
City officials are preparing to decide the fate of Angels Knoll – a small, hillside park along Olive Avenue in Bunker Hill that was made famous in the film “(500) Days of Summer.”
REAL ESTATE: University adds name to property in lease deal for more space.
If you’ve driven by the 32-story office tower at Olive and 12th streets in downtown L.A.’s South Park neighborhood in the last week or two, you might have noticed there’s a new sign at the top.
DEVELOPMENT: Proposed projects all would remove walls to invite in public.
Pershing Square’s lousy reputation as an ugly concrete park is about to change. Ten design firms are vying to do a major facelift on the plaza, last remodeled 20 years ago.
Central City Association, which represents property owners and businesses in downtown Los Angeles, has put forth its recommendations on what needs to be done to address homelessness, especially around Skid Row.
MEDIA: Some deep-pocketed big names floated as buyers.
Wealth of interest among billionaires in buying the Los Angeles Times was revealed after the paper fired its CEO-publisher.
BIOTECH: Drug maker Puma among casualties of public uproar over pricing.
Democratic presidential hopeful Hillary Clinton’s price-gouging allegation leads to vote of no confidence in sector.
A local Tribune Publishing Co. analyst blasted the newspaper conglomerate in a memo today, saying it bungled the firing of L.A. Times chief executive and publisher Austin Beutner and called on the company to sell itself to Warren Buffett’s Berkshire Hathaway Inc. before its valuation dips any lower.
Dr. Patrick Soon-Shiong, the wealthiest person in Los Angeles, is considering making an offer to buy the Los Angeles Times, according to a source familiar with the situation who declined to speak on the record.
In the wake of Austin Beutner’s firing from the L.A. Times and reports that billionaire Eli Broad could reignite his interest in acquiring the beleaguered paper, there are now rumblings that others could be interested as well.