Dozen new restaurant outlets headed for downtown L.A. (Los Angeles, California)

Los Angeles Business Journal | July 11, 1994| | Copyright

Opportunities grow with office workers, visitors

Nearly a dozen restaurant outfits are checking out sites for outlets in downtown L.A. to serve a growing population there of office workers and out-of-town visitors.

Restaurant business downtown declined in the early 1990s, said Mark Tarczynski, a retail property specialist in the downtown office of CB Commercial Real Estate Group Inc. The recession hit, tourism slumped, companies in the downtown skyscrapers laid off workers in droves -- and restaurateurs suffered, he said.

But now office leasing activity ...

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