Construction has begun on Skid Row Southeast 1, a project to renovate Las Americas Hotel Apartments and Olympia Hotel Apartments, two of our buildings in Downtown Los Angeles. Renovations at both buildings will focus on improving energy efficiency, reducing water usage, and extending each building’s life. The project will also focus on updating housing amenities and enhancing common areas for current and future residents. Major improvements include installing an elevator at Las Americas, reconfiguring the courtyard and kitchen at Olympia, and creating new spaces for supportive services in both buildings. Renovations are expected to be complete by the end of 2016.