This could be the most exciting announcement for retail news in Downtown LA this year (and we’ve had a lot of heavy hitters including Nordstrom Rack and 3.1 Phillip Lim). It really looks like DTLA will finally get what its been clamoring for. According to a few reliable sources I’ve spoken to, the world’s most popular tech brand, Apple, has officially signed a lease to take over the historic Tower Theatre at 8th and Broadway in the Historic Core.
Some exciting news from yesterday out of the LA Business Journal. The business-focused publication all but confirmed our initial report that the Apple Store is taking over the ornate Tower Theatre at 8th and Broadway. In case you missed it, DTLA Rising first came out with the substantiated rumor from an “inside” source posted last year in November that Apple was looking at taking over the historic entertainment venue for their new DTLA store location, which would become one of Apple’s most unique stores in the nation.
By now many of us know that Apple has been looking to open a store in Downtown LA, which would obviously be a huge game changer on the retail side of downtown development. But the question on everyone’s mind has been where? Well, two locations have popped up over the past year as possible considerations: The Bloc in the Financial District and the Broadway Trade Center in the Historic Core. The latter being the more likely case. With that being said, now according to some new exciting “inside info” I’ve come across, there’s an even more amazing location that Apple is apparently looking at taking over: the historic Tower Theatre at 8th and Broadway.