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Biscuit Company Lofts In 2006, the building underwent a $25,000,000 renovation by Aleks Istanbullu Architects to convert the building to lofts. [ 4 ] In 2007, developer Linear City LLC completed restoration of the property, part of the larger downtown L.A. gentrification effort that saw the repurposing of the area's mostly-abandoned industrial ...
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In 1999, the Los Angeles City Council passed an Adaptive Re-Use Ordinance, allowing for the conversion of old, unused office buildings to apartments or "lofts."Developer Tom Gilmore purchased a series of century-old buildings and converted them into lofts near Main and Spring streets, a development now known as the "Old Bank District."
In US usage, a loft is an upper room or storey in a building, mainly in a barn, directly under the roof, used for storage (as in most private houses).In this sense it is roughly synonymous with attic, the major difference being that an attic typically constitutes an entire floor of the building, while a loft covers only a few rooms, leaving one or more sides open to the lower floor.
The average warehouse vacancy rate in Los Angeles for the first quarter of 2024 is 4.1%, — 1.5% higher than the first quar Los Angeles Area Warehouse Vacancies Hit Highest Level In A Decade Skip ...
The Wholesale District lies across the middle of this 2009 photograph, above the Los Angeles River and below Downtown Los Angeles. The Wholesale District or Warehouse District in Downtown Los Angeles, California, has no exact boundaries, but at present it lies along the BNSF and Union Pacific Railroad lines, which run parallel with Alameda Street and the Los Angeles River. [1]