The new owners of the May Co. department store in downtown Los Angeles have unveiled plans to restore the nine-story building to its former glory. 

The idea to is to create a complex of gourmet food stalls and high end retailers. This could jump start a revamp of the whole Broadway corridor, which has been in decline for decades after once being the heart of downtown.

For more on the history of the area and what a makeover might mean, Take Two is joined by Nathan Masters, who writes about Los Angeles history for USC Libraries and Los Angeles Magazine.