TOD Boom in L.A.
Light rail is expanding to Los Angeles' Westside, and with it is coming a wave of transit-oriented developments.
As transit funding kicks up in the region, the reality of expanding transportation lines has developers in full-motion to build around them.
"In addition to removing tens of thousands of cars from the road — 64,000 daily riders by 2030, according to transit authorities — the 15.6-mile Expo Line is expected to spawn a variety of mixed-use real estate projects, as some of the city’s previous rail lines have done. A project including more than 500 units of housing and a 300-room W hotel was recently completed at Hollywood Boulevard and Vine Street, and a rental and retail complex was built at Wilshire Boulevard and Vermont Avenue in 2007."
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