Downtown Los Angeles is poised for increased vibrancy with over 1 million square feet of office space being reoccupied by federal workers. Following President Trump’s directive to halt remote work for federal employees, agencies have been given 30 days to comply. With 10,000 federal employees in Downtown L.A., their return is expected to rejuvenate the local economy. However, the office sector faces challenges due to remote work trends. The article highlights the significance of the public sector in the area’s office occupancy and aims to enhance the mix of industries present.
"One of the things that makes Downtown so dynamic is the mix of industries and professionals. So we want to do whatever we can to nurture that ecosystem."
"The federal government's Downtown footprint includes 140,377 square feet at Deka Immobilien's 915 Wilshire Boulevard about a third of the property and 94,145 square feet at the 41-story EY Plaza."
Collection
[
|
...
]