Metro Expansion Affects 20M SF of Office Space

Los Angeles

The Metro Purple line is expanding from Downtown Los Angeles to Brentwood, connecting Mid Wilshire, Beverly Hills and Century City. While the project is highly anticipated, it has a broader impact than anticipated, according to research from JLL. The new metro line will impact nearly 20 million square feet of office space, giving companies along the line the ability to attract younger talent. Additionally, it will provide rail access to 151,000 residents. Construction began in 2015 and the first stations on the line will open in 2023. We sat down with Devon Perry, a senior research analyst at JLL, to talk about the metro line’s impact on the surrounding office market.

GlobeSt.com: How will the Metro Purple line extension affect nearly 20 million square feet of office space?