Bishop at Seventh, 1985. Photo courtesy of Jim Lake Cos.
Every real estate prospector from here to the Pacific Ocean wants to buy in the Bishop Arts area, where the value of homes is now in the dirt, due to massive upzoning.
But in 1985, most of the buildings in what is now called the Bishop Arts District were boarded up. That’s the year Jim Lake Cos. bought several blocks there and began renovating.
“It was a horrible time to do it because in 1986 is when the real estate depression started, and we were trying to drag people kicking and screaming across the river just to look at space,” Jim Lake told us for a 2013 story about the above photo.
Read the rest of the story, with a photographic side-by-side comparison of the corner in 1985 and 2013.
