DOWNTOWN–For years, out-of-towners and even some Angelenos have poked fun at Downtown LA for its lack of nightlife. With a few exceptions, most parts of the Central Business District become a veritable ghost town after the last office workers head home to the suburbs around 6 p.m.

A coalition of city officials and building-preservationists has begun trying to do something about it. The City Council recently approved a new adaptive re-use ordinance that should make it easier for developers to convert the CBD’s stock of old industrial and commercial buildings into housing. And now, a new survey by the nonprofit Los Angeles Conservancy estimates that nearly 50 of Downtown’s older commercial structures are ripe for conversion to apartments—a report that might kindle the interest of builders and real estate investors.

“Converting those buildings would be a great way to revitalize the CBD and, at the same time, save some very beautiful structures that are important parts of our city’s history and architectural legacy,” Conservancy Executive Director Linda Dishman tells

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.