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

Posted by: Nate Berg

13 December 2007 - 1:00pm

Planning has begun for a 400-acre plot of land near downtown Los Angeles, and expectations are high.

"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."

Full Story: Visions of 'Chinatown North'
Source: Los Angeles Downtown News, December 13, 2007
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