Minimum Wage Hike & the L.A. Garment Industry

Interesting article in the LA Times and how the California and Los Angeles minimum wage increases will affect the Los Angeles garment manufacturing sector. Quote “In the last decade, local apparel manufacturing has already thinned significantly. Last year, Los Angeles County was home to 2,128 garment makers, down 33% from 2005, according to Bureau of Labor Statistics data. During that period, employment also plunged by a third, to 40,500 workers.”

 

Hybrid Industrial Live/Work Ordinance Adopted

On February 10, 2016, the Los Angeles City Council adopted the “HI” Hybrid Industrial Live/Work Zone Ordinance, which creates a new zone classification in the City of Los Angeles, the Hybrid Industrial (HI) Zone, with accompanying land use and development standards. The Ordinance becomes effective March 30, 2016. Generally, the purpose of this new zone classification is to permit the development of residential live/work units, hotels and other specified commercial uses on property within an existing current industrial zone and designated as Hybrid Industrial in the General Plan.

The newly adopted HI Zone is the first industrial zone of its kind in the City. In addition to permitting a mix of residential and commercial uses on industrial land, projects sited on land zoned as HI may exceed a Floor Area Ratio (FAR) of 1.5 up to a maximum of 6:1 with the provision of public benefits and other development commitments like below-ground parking as specified in the Ordinance. The Ordinance includes development incentives in exchange for affordable housing, additional non-residential floor area, public art and public open space, among other commitments. In addition, the HI Zone includes an FAR exemption for the reuse of existing structures. The new zone also includes stringent requirements regulating the size and layout of the permitted live/work units to promote productive work spaces compared to traditional residential developments.

The Ordinance was hotly contested among stakeholder groups regarding the density bonus program and other development incentives.

– See more at: http://www.natlawreview.com/article/new-livework-ordinance-adopted-la-city-council#sthash.3SLk3YeS.dpuf

LEASED – 18,300 SF Food Processing Building in Los Angeles

An 18,300 square foot food processing building was leased this month to a vegan meal prep and delivery company based in Los Angeles. They needed this space for their expanding business of shipping prepared meals across the country.

los angeles food processing building with floor drains, cooking hood, washable walls, cooler
Downtown L.A. food processing building with floor drains, cooking hood, washable walls, cooler.

The facility was previously occupied by Revolution Foods who prepared school lunches here for Los Angeles charter schools. The new tenant signed a long term lease and will make some improvements to the space. BROCHURE-SitePlan 1715 E 21st LEASED

In Los Angeles Commercial Real Estate