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Los Angeles Foreign Investments Japan

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BUSINESS
March 28, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
Los Angeles has surpassed New York as the top American city for Japanese real estate investment, with the Big Apple's skyscrapers losing favor to residential and resort properties in the western United States, according to a study released Wednesday. The $13.06 billion in U.S. real estate purchased by Japanese investors last year was 12% less than the $14.77 billion acquired in 1989, according to the study by the accounting firm Kenneth Leventhal & Co.
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BUSINESS
March 28, 1991 | JUBE SHIVER Jr., TIMES STAFF WRITER
Los Angeles has surpassed New York as the top American city for Japanese real estate investment, with the Big Apple's skyscrapers losing favor to residential and resort properties in the western United States, according to a study released Wednesday. The $13.06 billion in U.S. real estate purchased by Japanese investors last year was 12% less than the $14.77 billion acquired in 1989, according to the study by the accounting firm Kenneth Leventhal & Co.
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BUSINESS
September 25, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
The U.S. arm of a Japanese developer is proposing an unusual $400-million office-hotel-retail complex that it hopes will help revitalize downtown Los Angeles' Seventh Street, a once-glistening row of smart shops that has since faded. But the fledgling project is already generating controversy because it could mean the destruction of two old--some say historic--buildings.
BUSINESS
September 25, 1989 | NANCY RIVERA BROOKS, Times Staff Writer
The U.S. arm of a Japanese developer is proposing an unusual $400-million office-hotel-retail complex that it hopes will help revitalize downtown Los Angeles' Seventh Street, a once-glistening row of smart shops that has since faded. But the fledgling project is already generating controversy because it could mean the destruction of two old--some say historic--buildings.
BUSINESS
September 25, 1989 | SAM HALL KAPLAN, Times Design Critic
The proposed design of the Grand Avenue Plaza development downtown by Pacific Atlas Development is as distinctive as it is controversial. Encompassing a city block bounded by Seventh, Eighth and Olive streets, and Grand Avenue, the design attempts to meld a variety of uses in a variety of styles in three stages of development.
BUSINESS
September 25, 1989 | SAM HALL KAPLAN, Times Design Critic
The proposed design of the Grand Avenue Plaza development downtown by Pacific Atlas Development is as distinctive as it is controversial. Encompassing a city block bounded by Seventh, Eighth and Olive streets, and Grand Avenue, the design attempts to meld a variety of uses in a variety of styles in three stages of development.
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