FROM LA TIMES | With 35 stories and a block-long video display, the Circa complex gives DTLA a Times Square vibe
Downtown’s apartment market is in a peak frenzy of development, with more than 6,000 units expected to open there this year, said apartment sales broker Dean Zander of CBRE.
He expects that number to fall dramatically in 2019 and 2020 as rising construction costs and new city regulations intended to help pay for affordable housing drive up the price of apartment development.
Demand for new downtown apartments has proved strong, Zander said.
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