One way to prime the retail pump in downtown

Here's one way of luring hip retailers to downtown Los Angeles. The mortgage meltdown has generated concern among downtown dwellers, who fear the economic crisis could stall the booming transformation of downtown into a trendy residential center. For years, the new inhabitants of lofts and high-rise towers have been hoping quality eateries, botiques and other shops would follow. There's still no Trader Joe's -- but there has clearly been a boost to the retail scene in the last year. Eric Richardson at the Downtown blog noticed a handsome clothing store in the Old Bank District and discovered it has an interesting backstory (and unexpected owner):
The high-ceiling space is aggressively built out, with custom-designed black metal clothing racks that create an arched pathway and give off an industrial vibe. White walls are filled with pop art, most painted by local artists. It’s clear that money and attention were put into making sure the store itself made a statement. But what’s unusual about Crack is that the store isn’t being opened by a clothier, but by the building owner. Eric Shomof and his family run Pacific Investments, the company that owns the four residential buildings on Spring street. Crack represents both a long-held interest in retail and an attempt to show potential retailers what’s possible in the Historic Core.
The latest big restaurant opening in downtown in Church & State at the historic Biscuit Company Lofts. Times restaurant critic S. Irene Virbila liked what she saw: "....What a wonderful find this is in the outer reaches of downtown's arts district. Old subway tiles line the walls. Potted plants define the oh-so-French sidewalk terrace out front. And piazza lights strung across the ceiling of the large space create a festive atmosphere just as much as the terrific downtown mix of people eating and drinking."
--Shelby Grad
Photo: Gary Friedman / Los Angeles Times


