The Changing Face and Personality of Downtown Los Angeles

Downtown Los Angeles is changing fast, and very soon will see the end of an era. After being owned by the same family since the 1960's, the King Eddy Saloon is changing hands. Located at the corner of 5th and Los Angeles on the bottom floor of the King Edward Hotel, constructed in 1906, it's a gathering spot for blue-collar workers, low-income regulars and residents of Skid Row. It sells hard boiled eggs for less than a dollar and beer for two dollars. That's the consequence of the gentrification of downtown Los Angeles, which means new businesses and new residents. What about the people who are already there? KCRW's Saul Gonzalez took a stool and chatted with people who are facing a sense of loss.