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$80 MILLION DEVELOPMENT: The 3.5-acre former industrial site near the corner of Mateo and Sixth streets will be developed to create a 175,000-square-foot compound of restaurants, boutique retail, creative office spaces and parking.

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L.A.’s Arts District to Get New Mixed Use Retail Compound

Retail

Real estate companies Blatteis & Schnur and ASB Real Estate Investments redeveloped parts of Abbot Kinney Boulevard in Los Angeles’s bohemian Venice district, and the companies will take their know-how to another redeveloping neighborhood with the reputation of attracting creative people.

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