Los Angeles is on its way to becoming a global city. A new report from JLL shows that the city has all of the qualities of a global city, including innovation, real estate investment and improving infrastructure. We sat down with Amber Schiada, research director of the Southwest at JLL, to talk about how L.A. is evolving into a world-class city and the characteristics of the cities growth.
GlobeSt.com: What are the markers of a world-class city?
Amber Schiada: World-class cities are defined by a mix of key qualities, some harder to measure than others. From a tactical standpoint, infrastructure to support growth is important, such as great transit, steady housing supply, and good governance to keep the city running smoothly. Innovation is also imperative, whether that's a highly educated workforce, or an industry mix that encourages new ideas and creativity. And of course, beautiful architecture and sense of culture are the cherry on top.
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Kelsi Maree Borland
