Jaime Lee, CEO of Jamison Realty Inc. will be honored by the Los Angeles Parks Foundation at its eleventh annual Rose Award Luncheon next week at the city’s rose garden in Exposition Park, announced Carolyn Ramsay, Executive Director of the Foundation. The Rose Award is an annual luncheon and ceremony honoring a woman who has made extraordinary contributions to the quality of life in Los Angeles.
“I am so honored and privileged to be recognized by the LA Parks Foundation,” Lee told the Buzz. “I have spent my entire life in Los Angeles and I am very committed to the city. I have known Carolyn for many years, going back to when she was Chief of Staff to our wonderful former Councilmember Tom La Bonge, so I’m thrilled to support the LA Parks Foundation because it’s so critically important that all children in our city have access to parks, trees, shade and green space.”
Growing up in the Valley, Lee told the Buzz she enjoyed participating in children’s athletic leagues held in local parks. As she got older, she played soccer, basketball and lacrosse in school.
“Being active and outside was a huge part of my childhood, and I believe everyone should have access to parks and recreation,” said Lee. “It’s part of why I’m so excited to be on the LA2028 Olympics board. This is the third time the Olympics are coming to LA and some of the investments we are now making in our parks will help us grow athletes that could compete in 2028!”
Lee is a second generation leader of her family’s real estate business, which has been one of the largest commercial landlords in the city of Los Angeles for the past twenty-five years. She was recently the focus of a Los Angeles Times article for her company’s efforts to adaptively reuse office buildings for residential housing to address the city’s massive shortage of housing.
“Among those who’ve taken on conversions at a large scale are Jaime and Garrett Lee, two leaders of the Jamison real estate empire founded by their father, David Lee. The elder Lee is an internist and immigrant from South Korea who bought up struggling office high-rises in Koreatown after the 1992 Los Angeles civil uprising depressed their values,” wrote Roger Vincent for the Los Angeles Times. The story continues:
“Koreatown became a thing,” Lee said. And, “a creative, vibrant neighborhood requires more housing.”
So far, Jamison has converted seven office buildings to residential use with a combined total of more than 1,200 units, nearly all of which are leased. More makeovers are in the works.
“We’re maybe halfway through” converting adaptable Jamison buildings, Jaime Lee said.”
“We are uniquely suited to repurpose these legacy assets that include some of the city’s most significant buildings,” Lee told the Buzz. “It’s an exciting time with the expansion of the Metro, we’d love to see the adaptive reuse ordinance expanded to other part of the city to address our housing crisis.”
In addition to serving as a board member of the LA2028 Olympics, Lee is also a Trustee of the University of Southern California and Board President at the Port of LA. Recognized for her professional and civic contributions, Lee was named one of the 500 most influential people in Los Angeles by the Los Angeles Business Journal in 2018, 2019, 2020, and 2021. Lee her husband and three children live in the neighborhood, where they are active in local events.