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Carol
E. Schatz is the first woman to serve as President and CEO of the
Central City Association (CCA) of Los Angeles. Carol also serves as
President and CEO of the Downtown Center Business Improvement District
(DCBID), a coalition of 450 property owners in the core of Downtown
Los Angeles.
Under Carol’s direction, CCA is the business advocacy leader
on City and County issues. Ms. Schatz was recently named by Los Angeles
magazine in their “100 most powerful people in Los Angeles”
article as one of the ten most powerful business leaders in Los Angeles.
Carol was recognized as “Woman of the Year 1999” by State
Assembly Member Gil Cedillo, for her outstanding service and dedication
to the State of California. Carol was honored with the “2000
Renaissance Award” by the Commercial Real Estate Women (CREW),
Los Angeles, for her exceptional vision and tenacity in the efforts
to reinvigorate Downtown Los Angeles. More recently, Carol was honored
with the “Deborah Award” presented by the Anti-Defamation
League for her courage, wisdom and leadership in her civic contributions.
Carol’s vision is helping to create a 24-Hour Downtown Los Angeles.
Under Carol’s leadership, CCA has undertaken several significant
initiatives to transform Downtown. She initiated the Adaptive Reuse
Ordinance and has marshaled state funding and incentives to help developers
convert empty office buildings to housing. CCA has worked with the
City Council to resurrect the Civic Center Authority, which authorized
a master plan for the area.
At Carol’s direction, CCA created the “Downtown Development
Strategy” as a follow-up to the 1985 Downtown Strategic Plan.
This development plan for Downtown touches on all aspects of a revitalized
Downtown from the creation of mixed-use/mixed income projects to new
transportation amenities. The Association’s advocacy on a number
of pivotal projects has helped to make a difference with community
stakeholders and elected officials.
Finally, it was Carol’s vision that led to the creation of the
DCBID in 1997. With a budget well in excess of $5 million, the BID
has made Downtown safe and clean and brought incredible new residential
and commercial investment to Downtown
Los Angeles.
Her standard of excellence and responsiveness has resulted in the
DCBID being named the #1 BID in the City. The DCBID serves as a leader
of Los Angeles BIDs in their relationship with the City. With such
energy and determination that has helped to fuel Downtown’s
renaissance, former Mayor Richard Riordan appointed Carol and Mayor
Hahn reappointed her to the Los Angeles Convention and Exhibition
Center Authority. In addition to her valued participation at the City
level, Carol was recently appointed by the Governor to serve on the
State Fraud Assessment Commission on Workers Compensation.
Carol’s vision, hard work and perseverance have garnered much
attention and praise from her peers. Recently, the Los Angeles Business
Council awarded Carol the Grand Prize at its 34th Annual Los Angeles
Architectural Awards in recognition of her contributions to the revitalization
of Downtown Los Angeles.
Prior to joining CCA, Ms. Schatz was the Deputy Regional Director,
Western Region, of the Federal Savings and Loan Insurance Corporation
overseeing the liquidation of billions of dollars in assets of failed
saving institutions in 12 states.
Carol Schatz has her Bachelor of Arts degree from the University of
California at Berkeley and her Juris Doctorate from Loyola Law School.
She and her husband,
Fred Muir, reside in Los Angeles with their son, Jacob.
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