Downtown Center Business Improvement District Appoints Hal Bastian to Vice President and Director of Economic Development.News Editors/Business Editors/City Desks LOS ANGELES--(BUSINESS WIRE)--Feb. 5, 2004 The Downtown Center Business Improvement District has promoted Hal Bastian to the position of Vice President and Director of Economic Development. The new title is a reflection of his hard work and dedication to DCBID DCBID Downtown Center Business Improvement District (Los Angeles, CA) , as well as his commitment to furthering the company's goal of establishing Downtown Los Angeles Downtown Los Angeles is the central business district of Los Angeles, California, located close to the geographic center of the metropolitan area. The sprawling, multi-centered megacity is such that its downtown core is often considered just another district like Hollywood or as the location of choice for world-class businesses and residential living. With over 20 years of commercial real estate leasing and development experience, Bastian joined DCBID in December 2001 and has been responsible for overseeing the business and residential recruitment efforts for the organization. In his new role, he will continue to lead DCBID's charge on business development efforts to bring more businesses in the area, while facilitating the development of adaptive reuse Adaptive reuse is the process of adapting old structures for new purposes. When the original use of a structure changes or is no longer required, as with older buildings from the industrial revolution, architects have the opportunity to change the primary function of the conversions. "It is our honor and privilege to show our appreciation to Hal Bastian with this well-deserved promotion," said Carol Schatz, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of the DCBID. "Hal has been an asset to our company and our overall mission to revitalize Downtown Los Angeles. We will continue to leverage his outstanding achievements and expertise to create value for the entire Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. community." Prior to joining DCBID, Bastian served as the leasing director for Gilmore Associates' Old Bank District Project, a 230-unit live/work loft and retail redevelopment in the Historic Core area of Downtown Los Angeles. Before working for Gilmore, he was the leasing director at Cushman & Wakefield where he negotiated and supervised a variety of high-profile deals, including the leasing of the retail component of 1.5 million square-foot Macy's Plaza at the Downtown Los Angeles MCI (1) (Media Control Interface) A high-level programming interface from Microsoft and IBM for controlling multimedia devices. It provides commands and functions to open, play and close the device. (2) (Microwave Communications Inc. Center. Bastian began his career in the real estate industry working for Julien J. Studley, Inc., a national commercial real estate service firm. As Associate Vice President, he facilitated numerous successful leasing campaigns for a diverse profile of retail and office projects. As a native Angeleno and current resident of Downtown Los Angeles, Mr. Bastian graduated magna cum laude cum lau·de adv. & adj. With honor. Used to express academic distinction: graduated cum laude; 25 cum laude graduates. from the University of California, Los Angeles UCLA comprises the College of Letters and Science (the primary undergraduate college), seven professional schools, and five professional Health Science schools. Since 2001, UCLA has enrolled over 33,000 total students, and that number is steadily rising. (UCLA UCLA University of California at Los Angeles UCLA University Center for Learning Assistance (Illinois State University) UCLA University of Carrollton, TX and Lower Addison, TX ) with a bachelor's degree in political science and public administration. He has also been licensed by the California Department of Real Estate since 1983. About the Downtown Center Business Improvement District The DCBID is a coalition of property owners united in their commitment to enhance the quality of life in Downtown Los Angeles. The organization helps the 65-block central business district achieve its full potential as a great place to live, work, and play. Nearly 480 property owners provide funds to the district via a special voluntary tax assessment, which finances this outreach program. For more information, please visit the DCBID Web site at www.downtownla.com. SOURCE: Downtown Center Business Improvement District (DCBID) |
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