October 26, 2015
The Arts District in Downtown Los Angeles is going through a strong revival. Part of that is due to a spiked interest in restaurants and other food offerings that are also gaining steam throughout the country in various developments.
One of these is the four-block One Santa Fe mixed-use development in the Arts District. It includes 438 apartment units and ground-floor commercial with a variety of food offerings. Among the project’s equity partners were Goldman Sachs and Canyon Partners Real Estate.
Observers say that there is $2 billion of commercial real estate development in the area, including a 15-acre lot purchased by developer SunCal which is also slated for mixed-use development.