The Coalition for Responsible Arena Development filed a notice of intent to bring a lawsuit against the proposed downtown arena in Sacramento. The group opposing the proposed development claims that the project violates CEQA and is a misuse of public funds.
LA Mayor Approves University Village Project Near USC
Mayor Villaraigosa signed off on a $1.1 billion redevelopment project for University Village near USC. The new development includes 350,000 sq. ft. of retail space and new housing and academic areas for students, making it the largest project in the history of South LA. The project's construction could start as early as this year, and will be developed in phases until its expected completion in 2030.
DOF Returns $11 Million To Placer County
After the end of redevelopment in California last year, the state Department of Finance has finally returned the $11 million it has been withholding from Placer County. The county intends to use the funds for highway improvement projects in north Lake Tahoe and Auburn.
Central Valley Leaders Work Towards Settling Growth Wars
After the city offered to drop its lawsuit against Madera County's proposal for a 5,200 residential development last week, county officials have agreed to meet with the city to further discuss pending lawsuits and regional growth disputes. In the upcoming meetings, both city and county leaders hope to reach agreement on lawsuit settlements and how the region will grow- hopefully putting the growth wars to rest.
Recent Study Shows DTLA Housing is Cheaper Without Parking
A study from UCLA's Michael Manville found that housing in DTLA is more affordable if developers don't have to adhere to conventional parking requirements. The study focused on housing provided under the city's Adaptive Reuse Ordinance, which does not require additional parking spaces for additional units. The study found that many buildings offered rental rates that were "unbundled" from parking, providing lower housing options for people without cars- a trend that is not exclusive to DTLA.