Historic Core, Los Angeles, California

Although Prostitution and Drug Dealing had occurred in the area as far back as the early 1920s , they became epidemic in the 1960s . The area's movie palaces, built between 1911 and 1931 , became Grindhouse s. The last of them closed in the 1990s ; the Orpheum Theatre is now used for concerts and plays. The developing Street Gang problem in Los Angeles which began to worsen at the end of the 1960s and got considerably worse in the late 1970s , also greatly hurt the area, as it did much of downtown. The area remains one of the major areas for street drug sales in Los Angeles .

Most of the older buildings have stores that cater to the Latino immigrant working class.

In 1999 , the Los Angeles City Council passed an Adaptive Re-Use Ordinance, allowing for the conversion of old, unused office buildings to apartments or "lofts." Developer Tom Gilmore purchased a series of century-old buildings and converted them into lofts on the corner of Fourth Street and Main Street, a development he dubbed the " Old Bank District ." Other notable redevelopment projects in the Historic Core have included the Higgins Building , The Security Bank Building, the Pacific Electric Building , and the Subway Terminal Building . As of 2005, redevelopment projects in downtown Los Angeles have been divided about evenly between rentals and condominiums; though projects near the Staples Center arena in the South Park neighborhood have been overwhelmingly dedicated to condominiums.

Information About

Historic Core, Los Angeles, California