EXPERTS FROM THE URBAN LAND INSTITUTE WORKED WITH GATEWAY LA TO PAINT A PICTURE OF THE AREA’S FUTURE
With a host of new development happening in and around the Gateway Los Angeles area, PBID members are poised to take advantage of everything from the new people-mover system that will connect travelers between the airport and the city’s expanding public transit system to the new NFL stadium being built in Inglewood.
“We are working hard to make sure the positive implications of these exciting new infrastructure improvements benefit the hotels, office buildings and parking operators we represent,” said Gateway President Charles Bassett. “It is certainly an exciting time for our area, and we look forward to seeing this new vision for Los Angeles take shape.”
A big part of that vision will include improvements along Century Boulevard, itself.
Recently, a team of experts from the Urban Land Institute (ULI) visited the Gateway area and conducted a Technical Assistance Panel (TAP) to help the area envision what can be done to take advantage of this changing face of this area of Los Angeles.
The panel concluded that the Gateway area is the core of an area-wide commercial ecosystem and expressed a number of opportunities for improving the area and making it work better with airport improvements, the new NFL stadium just a stone’s throw away and ever-changing hotel, retail, and office market.
The panel pointed out that existing LAWA and rental car lots throughout the area present opportunities for new, Silicon Beach-type creative office space as they are decommissioned to consolidate lots in a single, large facility.
Experts also said the hotel market will continue to improve, so thought should be given to where new hotel sites could be located. Of course, the panel also suggested that Gateway invests in adding new place-making amenities to improve its brand and experience.
“We look forward to taking on this challenge because it means creating a better Gateway for visitors and for our members,” said Executive Director Laurie Hughes.
