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Downtown LA Office Tower Owners Begin Push Toward Pandemic Recovery

Landlords Look To Reverse Move-Outs That Spurred Rising Vacancies Well Before Tough 2020

Developers are investing millions of dollars in projects aimed at helping downtown Los Angeles recover from years of office relocations and businesses reducing their space. (Getty Images)
Developers are investing millions of dollars in projects aimed at helping downtown Los Angeles recover from years of office relocations and businesses reducing their space. (Getty Images)

One of the tallest towers on the West Coast is poised to be transformed, from new dining areas to a renovated entrance and lobby to a 54th-floor lookout with panoramic city views. The $60 million plan is the highest-profile vote of confidence yet for struggling office towers in downtown Los Angeles as owners look for a rebound from the pandemic.

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