Lots going on behind the scenes as the City of LA prepares for the Olympics a few years away. But will the city be ready?
That's the question on everyone's minds as renters consider buying, owners consider holding, and developers consider how to maximize profits by buying in the areas that will get the most "love" from the city.
A lot of the areas that the city will focus on where people will actually be visiting. Think of where landmarks are.
- South LA - lot of the stadiums and venues located here
- Beverly Hills, Hollwood - tourist landmarks, Hollywood sign, Walk of Fame, museums
- DTLA - where a massive amounts of newer hotels and public transit will be, along The Broad, Walt Disney Concert Hall, Grand Central Market, Arts District
One of the biggest city goals is to expand public transportation--otherwise we'll be in traffic and Uber/Lyft hell. LA was recently awarded $900M to Expand Public Transit which is step in the right direction:
