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Two large projects could alter strip's small-shop atmosphere.


LA Brea Avenue La Brea Avenue is a prominent north/south thoroughfare in Los Angeles. After Hawthorne Boulevard intersects with Century Boulevard in Inglewood, La Brea Avenue is formed. La Brea passes north through Windsor Hills, Baldwin Hills, and Ladera Heights.  long has been home to an expanse of modernist furniture shops, gritty car mechanics and, most recently, boutique retailers priced out Priced out

The market has already incorporated information, such as a low dividend, into the price of a stock.
 of trendier cross streets.

Now attention is fixed on two large, mixed-use projects that could reshape about a mile and a half of the north/south thoroughfare between Santa Monica Santa Monica (săn`tə mŏn`ĭkə), city (1990 pop. 86,905), Los Angeles co., S Calif., on Santa Monica Bay; inc. 1886. Tourism and retailing are important, and the city has motion-picture, biotechnology, and software industries.  Boulevard and Third Street. In between those projects is a growing Orthodox Jewish community.

At the intersection of Santa Monica Boulevard, J.H. Snyder Co. is nearing completion of its $75 million West Hollywood Gateway project The West Hollywood Gateway is a small shopping center in West Hollywood, California, United States. Description
The West Hollywood Gateway is an outdoor shopping mall developed by the JH Snyder Company.
, which will have three levels of underground parking and 245,000 square feet for a Target and a Best Buy, along with office and smaller retail space. The development replaces several derelict warehouses and a car wash.

"(La Brea La Brea (lə brā`ə), area, S Calif., formerly in Rancho La Brea. The La Brea asphalt pits, which yielded prehistoric animal and plant remains, are in Hancock Park, Los Angeles. ) is totally full of potential," said Milt Swimmer, a partner at J.H. Snyder Overseeing the development of the West Hollywood West Hollywood

A community of southern California northeast of Beverly Hills. It is mainly residential. Population: 36,600.
 Gateway. "There's this impetus for a complete renaissance in the area. It may not happen in two years, but it will happen."

Farther south, at the corner of La Brea and First Street, Bomel Management plans a $78 million mixed-use project on the 2-acre site of the vacant Continental Graphics Corp. building. The project would include 60,000 square feet of retail space and up to 200 loft condominiums.

Robert Rechnitz, a Bomel principal, said the retail space is being broken up into small storefronts to attract local businesses. "We very much like and want to retain the indie character and feel of the neighborhood," he said.

Bomel plans a similar mixed-use project at the former KCOP-TV television studio at 915 N. La Brea Ave., two blocks south of Santa Monica Boulevard. Unlike the Continental building, preliminary plans for the 2.3-acre site are geared toward a single commercial tenant, along with a smaller housing component.

Rechnitz said the Gateway project played a key role in the decision to buy the KCOP property. "With people moving into Hollywood and Silver lake, La Brea has become very central to where people live and work in 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. ," he said.

Attracting attention

Before freeways, La Brea served as a commercial core for upscale neighborhoods nearby, like Hancock Park
For the Los Angeles neighborhood, see Hancock Park, Los Angeles, California


Hancock Park is a park in Miracle Mile, Los Angeles, California which is the location of the La Brea Tar Pits, the George C. Page Museum of La Brea Discoveries, and LACMA.
, and the street was once dotted with jazz clubs This is a list of notable venues where jazz music is played. It includes clubs, dancehalls and historic venues as well. It can or may never satisfy any objective standard for completeness. Revisions and additions of , existing articles are welcome.  and restaurants. Nat King Cole a legendary king of Britain, who is said to have reigned in the third century.

See also: King
 was said to have gotten his big break performing at the Swanee Inn, a jazz club at the current site of Italian bistro Amalfi Ristorante. But as the center of Los Angeles moved westward, La Brea's businesses migrated as well.

More recently, the street has become home to a de facto [Latin, In fact.] In fact, in deed, actually.

This phrase is used to characterize an officer, a government, a past action, or a state of affairs that must be accepted for all practical purposes, but is illegal or illegitimate.
 modern furniture district and has attracted boutiques that have been priced out of trendy Melrose Avenue since the 1980s. "The greater area has been going through a sort of renaissance," said M.D. Sweeney, owner of Amalfi and the adjacent Acme Theater. "Now it's La Brea's time."

Sweeney said he had seen large retail projects skip La Brea for Fairfax and Highland avenues. But now landlords are renovating their La Brea buildings and attracting a new mix of boutique retailers and art galleries.

Demand for retail space along La Brea has been steadily increasing. Matthew May, president of May Realty Advisors, said he has been having trouble finding a 5,000- to 10,000-square-foot storefront for a furniture client.

"There is just nothing available," he said.

Meanwhile, a close-knit Orthodox Jewish community has built and refurbished between 20 to 25 buildings, according to Dr. Irving Lebovics, chairman of Agudath Israel, a group promoting Orthodox Judaism. Much of the development involves schools and community centers on the 300, 400 and 500 blocks of La Brea.

"We think it enhances the neighborhood tremendously," Lebovics, a dentist at Cedars-Sinai Medical Center Cedars-Sinai Medical Center is a world-renowned hospital located in Los Angeles, California. History
Cedars-Sinai is the result of a merger in 1961 between two major Los Angeles hospitals, Cedars of Lebanon and Mount Sinai Home for the Incurables, with Steve Broidy as
, said of the improvements. "And the fact there is all this foot traffic is a tremendous addition, too. It makes it feel like a real community."

The area's lingering crime problem might also be eased by the changes.

Swimmer, who is overseeing development of the West Hollywood Gateway, said that before bulldozers could tear down several derelict warehouses on the site, a street gang had to be forcibly evicted.

"I'm not kidding you, when we took the site over there was a criminal gang in the warehouse buildings," he said. "To go from that to what's going to be there now, I think it's going to be a really dramatic change."

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Title Annotation:Spotlight On La Brea Avenue; LA Brea Avenue
Comment:Two large projects could alter strip's small-shop atmosphere.(Spotlight On La Brea Avenue)(LA Brea Avenue)
Author:Fixmer, Andy
Publication:Los Angeles Business Journal
Geographic Code:1USA
Date:Jan 19, 2004
Words:732
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