DTLA 2040 Community Plan: A Vision for Downtown Los Angeles
Los Angeles City Council has officially approved the DTLA 2040 Community Plan, marking a transformative step forward for Downtown Los Angeles. This visionary plan, a decade in the making, aims to address critical challenges like housing affordability, adaptive reuse, and urban vibrancy.
What You Need to Know
The DTLA 2040 Community Plan sets the stage for a denser, more flexible, and inclusive urban core. Key highlights include:
- Increased Development Capacity: Expanded opportunities for new developments, particularly housing, across much of Downtown.
- By-Right Housing Approvals: Doubling the area where housing can be built by-right, significantly expediting the approval process.
- Adaptive Reuse: Enhanced flexibility for converting existing buildings to housing or mixed-use spaces.
- No Parking Requirements: Elimination of parking mandates to improve project feasibility and affordability.
- Urban Infill Regulations: Support for high-density development, including unlimited density provisions and reformed open space requirements.
- Streamlined Food and Beverage Approvals: Simplified processes for restaurants and similar businesses in targeted areas.
- Public Open Spaces: Incentives for creating community spaces and facilities with new development projects.
The plan also includes inclusionary zoning measures tailored for Skid Row, aiming to balance development with affordability and equity.
How It Impacts You
The DTLA 2040 Community Plan introduces significant changes that benefit property managers in Downtown Los Angeles.
By streamlining approval processes for housing and food and beverage establishments, the plan reduces red tape, enabling faster project timelines.
Increased flexibility for building conversions presents more opportunities to repurpose underutilized or vacant spaces for housing, retail, or community use.
Eliminating parking requirements lowers development costs, making small or unconventional projects more feasible.
Updates to density limits and open space calculations create opportunities for more creative and efficient land use, unlocking potential for infill projects.
Incentives for open spaces and community facilities enhance the vibrancy of downtown, making properties more appealing to both tenants and investors.
Stay Connected
While the plan’s implementation will require continued engagement, these reforms provide a clear pathway for growth and opportunity in Downtown Los Angeles.
BOMA/GLA encourages members to stay informed and involved as the DTLA 2040 Community Plan takes shape.
For additional updates, follow us on BOMA on the Frontline.
