# PNC Eyes New DTLA Outpost

> PNC Bank opens downtown L.A. office to revive downtown business core.
- Title: PNC Eyes New DTLA Outpost · Los Angeles Business Journal
- Summary: PNC Bank opens downtown L.A. office to revive downtown business core. PNC Bank plans to open its fourth Los Angeles-area office in December to help…
- Keywords: pnc, dtla, los angeles, banking, office vacancy, downtown revival, business, local, Eyes, Outpost, Los Angeles Business Journal
- Source: Los Angeles Business Journal — https://labusinessjournal.com/finance/pnc-eyes-new-dtla-outpost
- Author: Christina Chkarboul
- Published: 2026-10-19T07:01:29+00:00
- Read time: 1 min
- Topics: pnc, dtla, los angeles, banking, office vacancy, downtown revival, business, local
## Pnc Bank Leases Downtown Office
PNC Bank plans to open its fourth Los Angeles-area office in December at 515 S. Flower St.
## Downtown Office Market Revival
Downtown office vacancy rates have tapered down to 33.3% for all downtown and 30.5% for the core business district.
## Pnc's Downtown Strategy
PNC's regional president Daniel Timmons says the bank aims to bring activity back to downtown after pandemic-driven vacancies.
## Downtown Revival Momentum
Banc of California and KPMG have also committed to downtown offices, signaling a 'flight to quality' recovery trend.
## Key takeaway

PNC Bank plans to open its fourth Los Angeles-area office in December to help revitalize downtown business after pandemic-driven vacancies.