Downtown Los Angeles Landmark, Grand Central Market, Enters a New Age


Since 1917, Downtown Los Angeles landmark Grand Central Market (GCM) has served as an iconic city staple. Known as the city’s oldest and largest fully operational public market, GCM occupies the entire ground floor of the Homer Laughlin Building, and is now offering an array of modern attractions, over a century after its initial debut.

GCM originally made a name for itself as a farmers market, selling grocery goods to locals for over half a century. It wasn’t until the 1980s that GCM got its first major makeover, courtesy of native Angeleno, Ira Yellin, a local developer who purchased the expansive property and transformed it into the neighborhood’s first mixed-use development in decades. In 2013, Yellin’s widow, Adele, introduced cutting-edge culinary stars into GCM with a wave of up-and-coming food vendors, and in 2017, Adam Daneshgar, president of Langdon Street Capital, reinvented GCM once again. This time, the historic site saw the renovation of Grand Central Square Apartments, office space, the Million Dollar Theater, and a 500-space parking lot.

Grand Central Market, September 28, 2017. (Photo by Michael Owen Baker)

Originally serving as the headquarters for the Metropolitan Water Distract and William Mulholland’s office, the Grand Central Square Apartments were converted into living quarters in the 1920s and currently include 121 units. The contemporary designs include concrete floors and high ceilings throughout the studio, one- and two-bedroom spaces, and residents have access to a recreational lounge, fitness center, sauna, and more.

Grand Central Market, September 28, 2017. (Photo by Michael Owen Baker)

GCM’s office space spans the second and third floors of the Homer Laughlin Building. The 11,000 square-foot modern, collaborative space designed by Abramson Teiger Architects features fully built-out kitchen, polished ceilings, several conference rooms, and sweeping views.

At the core of GCM is its 30,000 square-foot arcade featuring a food emporium and retail marketplace with dozens of vendors including Wexler’s Deli, China Cafe, The Oyster Gourmet, District Market, and many more.

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