(20 MINUTES) major job hubs

Located at the geographic center of Los Angeles, Miracle Mile boasts incredible access to LA’s most prominent employment centers, and offers t he Preston residents a level of centrality that’s not easy to come by in LA. i n just 10 to 20 minutes, residents can access jobs in Hollywood/West Hollywood, Beverly Hills, century c ity, c ulver c ity, Westwood, West Hollywood, Santa Monica and Downtown LA.

Koreatown

Downtown Los Angeles Miracle Mile

Widely known as the epicenter of the entertainment capital of the world, Hollywood is home to the region’s greatest economic drivers—the media and entertainment industries. Every component of the tV, film, media and entertainment industries is located within this region, with major companies like Netflix, MtV, BEt, comedy central and VH1—all taking up sizable footprints within the area.

Beginning with the delivery of the Metro red Line to Hollywood in the early 2000s, Hollywood has been met with a full-scale revitalization. this triggered an uptick in demand for new class A office and made Hollywood a hotbed for office development in LA. Since 2015, 2.3 million sq. ft. of office space has been added to the submarket, including Kilroy’s 355,000 sq. ft. Academy on Vine development, Hudson Pacific’s 328,000 sq. ft. Epic tower, and the 500,000 sq. ft. icON creative office tower at Sunset Bronson Studios. this demand driven by content and media companies only continues to surge with several major office developments currently proposed, including most notably the Star, which was recently approved for an 18-story tower on the Sunset Gower Studios lot.

With a Hollywood renaissance in full effect and companies scrambling for office space within the area, not only will it bring thousands of new jobs within 10 minutes of the Preston, but Miracle Mile is poised to see a migration of new media and tech tenants within the corridor.