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Brookfield Launches ‘Game-Changing’ Redev of DTLA’s California Market Center
New York-based Brookfield Properties unveiled a $170-million renovation of California Market Center (CMC), an historic 1960’s-era wholesale fashion showroom located in DTLA. The 1.85-million-square-foot property will be transformed into a mixed-use creative office space and fashion-industry campus.
Brookfield, and co-owner Jamison Realty Inc., expect the two-phase renovation to be completed in 2020. Brookfield’s Bert Dezzutti says, “With an inviting, amenity-rich and open streetscape, sweeping public space, year-round activations, and unmatched floorplates, the new CMC will draw more creative firms to the heart of DTLA while elevating the region’s existing fashion industry.”
The current CMC configuration includes three interconnected 13-story buildings and a two-story former bank. The property will remodel to encompass energy-efficient, floor-to-ceiling glass windows, open-air skybridges connecting every floor between the three buildings, a 5,000-square-foot rooftop tenant-amenity space, fashion-focused building amenities, and a ground-floor public area along Main and West 9th Streets envisioned to include retailers.
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