Anyone feel that LA has started to bottom out a little bit? At least where Im at, vacant storefronts are finally getting leased, I'm seeing more people on the streets than I have in years since the pandemic. Many shuttered theaters like Cinerama Dome are being reopened, abandoned projects like Oceanwide Plaza are finally moving along. Economically, the region is benefitting from a booming aerospace/defense sector with billions of dollars of announced factory investments across LA and SoCal this year alone, and even Hollywood seems to be bottoming out a bit.
Homelessness remains a sig ificant issue with no end in sight though, and DTLAs recovery is uneven, albeit slowly pressing along.
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