Downtown L.A. experiences building boom

As Los Angeles gears up for the 2028 Summer Olympics, its downtown is undergoing its biggest development boom since the 1920s, thanks in large part to foreign investment. The construction pipeline includes a 1.9-mile light rail extension, almost 3 million square feet of office space and 7,000 residential units already under construction, plus 3.3 million square feet of office space and an additional 35,000 residential units in the works. Read The New York Times story here