Planners And Developers Have Grand Visions For Empty Land in L.A.

<p>Planning has begun for a 400-acre plot of land near downtown Los Angeles, and expectations are high.</p>
December 13, 2007, 1pm PST | Nate Berg
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"Then came the 2003 opening of the Metro Gold Line serving the area with two stops. That was followed by this year's dedication of the Cornfield as a State Historic Park, and the completion of the L.A. River Revitalization Plan that identified the estimated 400-acre sprawl as a ripe 'opportunity area.'"

"As surely as carnivores follow the scent of raw meat, the promise of increased public investment in the area so close to an appreciating Downtown real estate market has prompted interest by a swarm of developers."

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Published on Thursday, December 13, 2007 in Los Angeles Downtown News
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