"At the risk of offending the folks who want so badly to see a downtown renaissance, I can’t help stating the obvious: Lower those expectations." writes Mark Lacter in Los Angeles Magazine.
It's a safe guess that the development Downtown has seen in the last few years won't be happening again for a while. Still, the editorial viewpoint has an important factor: Downtown lost its luster as an ad marketing tool and may be considered a dried up cash cow by the publication. (And Los Angeles Magazine rode shotgun on that bandwagon for a few years).
When parent company Emmis Publishing ended Tu Ciudad, it was based on not being able to make money from the upscale Latino Market.
Safe to say, both Downtown and upscale Latinos in Los Angeles are here to stay. Both are caught in this national ecomonic downfall. Then again, who isn't?