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Article: On L.A. projects, Cleveland rocks.(Mixed-Use: Real Estate Awards Transforming Los Angeles)(Forest City Enterprises Inc.)
- Article from:
- Los Angeles Business Journal
- Article date:
- March 20, 2006
- Author:
CopyrightCOPYRIGHT 2006 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CLEVELAND -- based Forest City Enterprises Inc. has been developing large-scale mixed-use projects for decades in Eastern U.S. cities like Detroit. So it's no surprise that when mixed-use beckoned in Los Angeles, the company would be one of the first national players on the scene here--and in a major way.
The $7.8 billion real estate giant has just wrapped up two major downtown residential projects, is working on two more on Wilshire Boulevard and has three major retail/residential projects in the works elsewhere in Southern California.
"While other companies have specialized in either commercial, residential or retail, as a company, we've never been ...