The Jewelry District is a section of Downtown Los Angeles where a variety of jeweled products are sold. History The Jewelry District is predominantly made up of early twentieth-century buildings, when the number of registered vehicles in the county grew from 160,000 to 842,000 in a span of 10 years. Half of the area falls under the greater "Historic Core" of Downtown Los Angeles, which spans between Hill and Main Streets, and 3rd and 9th streets. The median year in which the buildings in the area were built was 1923. The oldest building to remain in the district is located on 543 South Broadway Avenue—a three-story, 32,600-square-foot commercial space that is now occupied by Teresa's Bridals. Two of the earliest jewelers to establish stores in 1932 were the Laykin Diamond Company (Laykin et Cie) and Harry Winston & Co. Both stores were housed at the historic Alexandria Hotel on 5th street, just behind the district on S. Broadway. Density Almost all of the buildings within the Jewelry District were designed for general office use with retail spaces on the street level, with some large venues, such as the historic Loew’s State Theatre on 703 S. Broadway, which was built in 1923. In the early twentieth-century, downtown was rapidly developing but it did not feature skyscrapers as tall as Chicago and New York. The buildings were limited to 150 feet by law, which was favored by architects and planners who saw the towering skyscrapers of the east coast metropolises as unsustainable and not conducive to the Southern California lifestyle. Although many residents were living in apartment buildings at the time, the architects and planners argued that excessive vertical expansion would lead to inhumane overconcentration and congestion. The rise of Jewelry District and restoration The influx of jewelry stores in the area did not come about until after the 1960s when gold came to be seen as a safer investment than U.S. dollars. Before this surge, the California Jewelry Mart dominated the local industry with its establishment on 607 S. Hill Street. The district became even more popular with the opening of Saint Vincent Jewelry Center, which is still housed in a large 1923 building complex with a European-inspired alley of restaurants. Across the street from St. Vincent's is the State Theater Building, a twelve-story red brick office building and theater, designed by Charles Peter Weeks and William Day in 1921. Right