Economy could make it hard for L.A. Live to be the life of the downtown party
Expectations for the high-end entertainment complex have been high since work began three years ago, but the downturn is putting more pressure on it to be a success.
By Cara Mia DiMassa (LA Times)
When L.A. Live, the $2.5-billion entertainment district across from Staples Center, first broke ground in September 2005, downtown Los Angeles was riding high, and the sky seemed the limit.
Block by block, decades of grime were being replaced by trendy eateries, loft dwellers and their dogs. Thirty-two skyscrapers were in the planning phases. And L.A. Live, with clubs, restaurants, convention-center hotels and a 30,000-square-foot Grammy museum, was being called Times Square West.
