Where downtown isn’t the most expensive place to rent

Los Angeles/Wikicommons

By Dave Sorter | Forbes

Downtown Los Angeles is a sparkling example of urban Renaissance.

A quarter-century ago, downtown had been relegated to a haven for low-income housing and parking lots after the freeway system helped develop alternative office, shopping and entertainment hubs. Since then, a focused redevelopment effort brought downtown back to the forefront with construction of LA Live, the Staples Center, Class A office space and a commuter rail hub.

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