Major Renovations Coming To CMC
One of the biggest projects in Downtown Los Angeles, in terms of sheer size, is the transformation of the California Market Center. It aims to turn the hulking, 56-year-old complex into a modern mixed-use hub, and expand beyond its traditional tenant base of fashion showrooms by adding creative office space and extensive ground-floor retail.
Although work has already begun, Brookfield Properties, which acquired a stake in the property in 2017, last week finally revealed its full plans for the project, including how it will create more than 1 million square feet of new creative office space.
The renovation is a joint venture between Brookfield and Jamison Properties, which bought the 1.8 million-square-foot California Market Center in 2004 for $135 million. Plans call for creating new open space.
“With an inviting, amenity-rich and open streetscape, sweeping public space, year-round activations, and unmatched floor plates, the new CMC will draw more creative firms to the heart of DTLA while elevating the region’s existing fashion industry,” Bert Dezzutti, Western Region Executive Vice President for Brookfield Office Properties, said in a prepared statement.
Perhaps the most significant change is that the fashion showrooms the center is known for will be consolidated into one structure, Building C. At its height the complex had more than 1,000 showrooms spread across the three buildings.