It’s clear – even amid increasing chatter that the current cycle might be near peak – that L.A. has risen to a new level in these post-recession years. Tough to see it while it’s happening, but take a moment, have a look, and you’ll see that this market has claimed first-rung status on the national and international stages, and given genuine cause to re-evaluate just about everything from Santa Monica to the San Bernardino County line. The sort of high-profile growth that has marked the post-recession era typically starts with the community of business and goes on to affect other segments of society, whether defined by geography or socioeconomics or ethnicity … Growth in any of those communities often overlaps with – or doubles back to – business. Consider the attention L.A.’s Chinatown got in the June 1 Mansion section of the Wall Street Journal, which noted that the ethnic enclave is drawing lots of buyers and renters from beyond the Chinese-American community even as real estate prices rise faster than downtown to the south … This era of re-evaluation also looks to have sparked new ambitions in many areas, including the ethnic media, as you’ll find in Matthew Blake’s front-page story on the Jewish Journal’s plans under David Suissa, who’s looking to expand into New York with the redesign and refocus he’s brought to the publication’s L.A. coverage. How big are Suissa’s ambitions? He’ll be wading into the backyard of the Forward, which has been serving the Jewish community in New York for more than a century … David Davis is bringing the ambitions of Vancouver-based ElectraMeccanica Vehicles Corp. to the center of the global car culture as head of the vehicle manufacturer’s U.S. operations. Davis works from offices in Beverly Hills, where he plans to position the company’s three-wheeled, all-electric Solo model prominently in the 25th annual Rodeo Drive Concours d’Elegance on June 17. Davis can sell you some stock right now – he says ElectraMeccanica shares will soon shift from OTC status to the Nasdaq – but you’ll have to get on the waitlist for a Solo. No kidding – Davis made a stop in the Miracle Mile area recently, drawing scads of folks who wanted to take a selfie with the vehicle. A Porsche driver offered to buy one on the spot, and a fellow in an Aston Martin slowed down to take a gander … Few communities have contributed more than the Korean-American segment of Los Angeles when it comes to the sort of ambition that has fueled this era of re-evaluation. KorAms appear set to get their due on that score in a book from longtime L.A. Times business journalist Jim Flanigan. An advance copy of “The Korean-American Dream” suggests the book will start downtown, with Korean Air Lines Chairman Yang Ho Cho’s decision to build the 73-story Wilshire Grand Tower leading off a tale of Los Angeles emerging as the “capital of the Asia-Pacific region” ... Sullivan Says: The ongoing re-evaluation seems to have missed ground-floor retail along Wilshire Boulevard between La Brea and Fairfax.

For reprint and licensing requests for this article, CLICK HERE.