Manchester Square isn't the only ghost town around LAX: the occupancy rate for the offices on Century Boulevard near the airport is "one of the worst in Southern California"—it was at just 40 percent in the fourth quarter of 2013. Hopefully, the Royal Airport Center's occupancy will shoot up substantially after it undergoes a huge transformation to become a Residence Inn by Marriott. Not the trendiest chain, sure, but it's better than being half empty.
The $44.5-million conversion will leave the 12-story building with 231 rooms, "a pool, spa, fire pit, sports court, exercise room, business center and meeting space." A bonus for guests is that there will be 3,000-square-feet of retail and restaurants on-site as well, so you might not have to go all the way to the Tom Bradley Terminal if you want to get a decent bite to eat. (Though, since we don't know what restaurants and shops will be there, you might want to anyway.) The Residence Inn is slated to open its doors this January.
· Office building near LAX to be converted to Marriott-brand hotel [LAT]