Population Growth Will Mean More TOD Projects

Amber Schiada

Population growth in Los Angeles may be slow, but it is driving investment and development decisions. Central Los Angeles is positioned to see the most population growth over the next five years, and in that time, Central Los Angeles will see more density with public transit serving as a central role in new development and investment decisions.

“Transit-oriented development and the reinvention of key corridors are driving forces behind investor activity across the market,” Amber Schiada, senior director of research and insight for California at JLL, tells GlobeSt.com. “Los Angeles may look like a sprawling suburban paradise from the outside, but locals know that it’s quite urban, and it continues to grow even more dense with infill development and redevelopment projects dotting the landscape, particularly between the ocean and downtown.”