Retail building vacancies downtown nearly doubled to 4.4% in the second quarter, compared with the same period in 2020, CBRE said. Also missing were tourists and local sports and music fans. (Mel Melcon / Los Angeles Times)ĭowntown businesses such as shops and restaurants suffered more than those in other urban nodes of the region over the last year because they relied so much on hundreds of thousands of daily office workers who fled during the pandemic and are mostly still doing their jobs at home. The ground level of the Apple Tower Theatre contains space for retailing, education and events. The Tower Theatre branch has been "highly anticipated" by downtown stakeholders who hope for a ripple effect from its presumed popularity, real estate broker Derrick Moore of CBRE said. Apple has 25 stores in the Greater Los Angeles area. "It's in the heart of a city that is known for creativity and we really want to build upon that," she said. Where the movie screen once stood is a video wall, framed behind the proscenium arch and Juliet balconies that offer the best view of the five-story interior.Īpple Tower Theatre stands apart from other stores because "it is such a special building and has such significance in the film industry," said Deirdre O’Brien, head of retail and personnel for Apple. It was the first of several movie palaces designed by Lee, who was also the architect of the elaborate Los Angeles Theater. Charles Lee to mimic the Paris Opera House. Inside the former theater is the main product zone, surrounded by a 1920s vision of grandeur conjured by architect S. From the balcony inside the Apple Tower Theatre in downtown Los Angeles, visitors can see the store on the ground level.
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