California's Prop. 90 and Its Impact On Redevelopment

Thursday, October 12, 2006 - 11:00am PDT by Christian Madera
Community / Economic Development, California
<p>Prop. 90 looks like a simple anti-Kelo bill...until you get to the part about regulatory takings. Officials in Los Angeles are waiting with baited breath to see if the proposition passes.</p>

"In recent years, one of the favored redevelopment strategies in Los Angeles has been to use the power or threat of eminent domain to acquire property and then sell it to a private developer."

Projects as diverse as the Staples Center and NoHo Commons employed eminent domain techniques to assemble parcels; now, with Prop. 90 on the ballot this November, the days of redevelopment in LA as we know it may be over.

Thanks to KMKoldus

Full Story: Prop. 90 Worries LA Officials
Published on Thursday, October 12, 2006 in The Los Angeles Times

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