Financial District, Los Angeles facts for kids
Quick facts for kids
The Financial District as viewed from Bunker Hill
|County||County of Los Angeles|
The Financial District (Financial Core) is the central business district of Los Angeles along Olive, Grand, Hope, Flower and Figueroa streets from 4th Street to 8th Street. It is south of the Bunker Hill district, west of the Historic Core, north of South Park and east of the Harbor Freeway and Central City West. Like Bunker Hill, the Financial District is home to corporate office skyscrapers, hotels and related services as well as banks, law firms, and real estate companies. However, unlike Bunker Hill which was razed and now consists of buildings constructed since the 1960s, it contains large buildings from the early 20th century, particularly along Seventh Street, once the city's upscale shopping street; the area also attracts visitors as the 7th and Flower area is at the center of the regional Metro rail system and is replete with restaurants, bars, and shopping at two urban malls.
The Financial District was created by the Los Angeles Community Redevelopment Agency to provide an alternative to the old Spring Street Financial District, which fell into decline in the second half of the 20th Century.
Demand for apartments in downtown Los Angeles surged in 2010 and the years following. In 2015, thousands of apartments were under construction or proposed for the area around 8th Street.
The Los Angeles County Metropolitan Transportation Authority (Metro Rail & Metro Busway), and LADOT (DASH & Commuter Express) provide heavy rail (subway), light rail, and local bus services throughout the Financial Core and to the Greater Los Angeles Area.
7th St/Metro Center station provides primary access to Metro B Line, D Line, A Line, and E Line.
The Financial District contains some of the city's more significant destinations and buildings, including:
- 611 Place
- 777 Tower
- Aon Center (Los Angeles)
- Brockman Building
- Citigroup Center (Los Angeles)
- City National Bank Plaza
- Ernst & Young Plaza
- FIGat7th Shopping Center
- Figueroa at Wilshire
- Fine Arts Building
- Jonathan Club
- Los Angeles Athletic Club
- Los Angeles Public Library
- MCI Center (Los Angeles)
- Millennium Biltmore Hotel
- Southern California Gas Company Complex
- Superior Oil Company Building (The Standard Hotel, Downtown Los Angeles)
- Westin Bonaventure Hotel & Suites
- Wilshire Grand Center (Under Construction)
The Wilshire Grand Center, located on Figueroa Street between Wilshire Boulevard and 7th Street, became the tallest building in Downtown Los Angeles, and the West Coast of the United States following its topping out in March 2016. The building is slated for completion in the Spring of 2017.
Financial District, Los Angeles Facts for Kids. Kiddle Encyclopedia.