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CLG courts yuppies, “creative types” with new acquisitions

Even in L.A., the cool kids love to walk.

Or at least that’s what development firm California Landmark Group (CLG) is counting on with its latest project: revamping two newly acquired Northeast L.A. buildings near some of the city’s most pedestrian-friendly streets in two of its hippest neighborhoods.The company purchased the two apartment buildings for $7.5 million Wednesday with redevelopment plans targeted at young professionals and “creative types.” Development will include upgrades in appliances, countertops, flooring, cabinetry and fixtures. CLG will also remodel the architecture of the buildings on the outside.

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