The 2008 economic crash hit L.A.'s cultural institutions hard. 10 years later, many are bouncing back — and thriving

Three satellite venues has appeared over the last decade — the Wallis Annenberg Center for Performing Arts in Beverly Hills, the Soraya at Cal State Northridge, and the Broad Stage in Santa Monica. These organizations exist near residential neighborhoods and are partly responsible for the increased energy of the region’s dance scene. Their more intimate theaters also make a good fit for chamber music and acoustic jazz, which don’t have a perfect home here in 2018. The Broad museum, Hauser & Wirth gallery, and the Theatre at the Ace Hotel are also recent arrivals. All three of these were established at times when downtown real estate was less expensive

http://www.latimes.com/entertainment/arts/la-et-cm-2008-collapse-la-arts-institutions-20181102-story.html

Los Angeles Times