Grand Central Market opened in 1917 and has been in continuous operation since.
A hundred years ago, Broadway was the principal commerical and entertainment corridor of downtown Los Angeles. Bunker Hill, to the west, was covered with stately Victorian mansions, and the area’s stylish residents rode down on Angels Flight to shop for groceries in the Market’s open air arcade.
The Market has always reflected the changing population of downtown, and in the 1920s our ninety-plus vendors included multiple green grocers, fishmongers, Jewish delis, and butchers, as well as stalls for dry goods, baked goods, flowers, coffee, cheese, notions—and even one vendor who sold nothing but eggs. DTLA has been evolving ever since, and the Market has continued to evolve with it.
In 1984, downtown visionary Ira Yellin, a successful developer with an academic interest in urban planning and historical preservation, bought Grand Central Market and adjacent properties including the Million Dollar Theater, as well as the landmark Bradbury Building across the street. Ira passed away in 2002, but today Adele Yellin continues to champion his vision that a dynamic city needs a vibrant downtown.