LOS ANGELES—Rising Realty Partners has rebranded Figueroa Courtyard as the Park DTLA, the downtown market's first office and tech campus. To make the transition, Rising will renovate the 270,000-square-foot campus to install technology upgrades, and has already installed a campus-wide fiber backbone for high-speed Internet that will allow tenants to work from anywhere on the campus on a private Wi-Fi network. The park is currently 72% occupied, but located in a great downtown neighborhood adjacent to Bunker Hill and the financial district. To find out about the inspiration behind the project, we sat down with Marc Gittleman, SVP Third Party Management at Rising, for an interview.
GlobeSt.com: Why have you decided to rebrand the Figueroa Courtyard?
Marc Gittleman: Today's idea of 'work' is vastly different than what it was 15+ years ago. We saw a great opportunity to do something completely unique at The Park DTLA as it's downtown's only true office park. We wanted to accentuate its unique workspace environment, giving tenants and guests the ability to enjoy working indoors or outdoors while having an amazing view of DTLA's skyline.
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