The office market in Downtown Los Angeles is changing, and forthe better. According to the most recent report from theDowntown Center Business Improvement District, 42%of office tenants in the market are from “new industries,” or a mixof largely creative users, including architecture firms, technologycreative industries and co-working. This is a notable milestone,considering that Downtown Los Angeles has historically been amarket for more traditional users, which now make up only 57% ofthe market.

“We are seeing the diversification of the base of officetenants,” Nick Griffin, executive director at theDCBID, tells GlobeSt.com. “For many years, it was traditionalfinance and law tenants, and now the market has diversified intotech, engineering, design, marketing and other fields. That hasgreatly broadened the companies that look at Downtown L.A. It hasalso dovetailed nicely with the growing population down here, whichtend to be a more creative, well-educated class of people that workin those industries.”