For about 18 months, the Downtown Los Angeles development scene has been slowly yet steadily gaining momentum, David Guzman writes in the Downtown News, with 75 projects underway: "Now there’s a shift into a higher gear," he continues. "While some may raise their eyebrows, it is not an exaggeration to say that Downtown is, once again, boomtown."

The story goes on to say that "In recent months the lending market has loosened and a range of real estate and development veterans have announced new projects or restarted previously planned efforts:  large residential complexes such as the Eighth and Hope Apartments and the SB Omega, Barry Shy’s proposed 40-story Historic Core tower, the restoration of the Hall of Justice in the Civic Center, an Urban Radish supermarket under construction in the Arts District, the renovation of an historic Broadway Theater as a boutique Ace Hotel. And, the $10 million restoration of the David Alfaro Siqueiros mural in El Pueblo. And the possibility of a streetcar!

Los Angeles Downtown News gives the latest information on 75 Downtown projects.

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