Downtown L.A.’s Ambitious Growth Plan: Balancing Future Development and Mixed Uses
Discover the future of Downtown Los Angeles with DTLA 2040, a bold and transformative plan that’s set to reshape one of the city’s most dynamic areas. For developers, investors, and residents alike, this new vision presents an unparalleled opportunity to be part of LA’s next chapter of growth.
The DTLA 2040 Community Plan Update will streamline zoning and approvals, opening up new pathways for diverse projects—ranging from residential and mixed-use developments to commercial spaces. The plan is designed to balance urban expansion with community needs, offering developers flexibility and incentives to create affordable housing, open spaces, and other valuable amenities.
Projected to accommodate 175,000 new residents and 100,000 new housing units by 2040, Downtown LA is set to do the heavy lifting for the city’s future growth. With 60% of the plan area allowing “by-right” housing, developers will benefit from significantly faster approval processes and reduced bureaucratic hurdles, especially with projects that align with environmental and zoning standards. This means you can move from concept to completion faster than ever, with fewer delays.
From high-rise living in the Central Business District to vibrant residential neighborhoods in Skid Row and the Arts District, DTLA 2040 promotes a diverse mix of uses and a future where residential, commercial, and cultural spaces coexist harmoniously. Plus, the plan’s built-in safeguards against displacement ensure that as downtown evolves, it does so in a way that benefits all communities.