DLBA Report Shows Real Estate Investment and More Younger, Wealthier Residents Driving DTLB Renaissance

An annual report released last week by Downtown Long Beach Associates (DLBA) recorded six million tourists for 2014, $2 billion investments in real estate transactions and a potential increase of $42 million in new retail spending within a one-mile-radius of DTLB between 2014 and 2015, numbers that indicate a “renaissance,” according to the DLBA personnel who conducted the study.