"The highest-profile projects are sports stadiums. The new Chargers stadium in San Diego would appear to be dead for now. The ruling also places a cloud over stadium plans in Santa Clara and San Jose for the 49ers and the A's. Ironically, the ruling might actually help Los Angeles' efforts to lure an NFL team, because the deal between the city and AEG doesn't include a traditional redevelopment component. All these moving parts might actually encourage the Chargers to move from San Diego to Los Angeles sooner rather than later," writes Bill Fulton.
Perhaps the biggest issue, as Ryan Lillis details in the Sacramento Bee, is which projects will be permitted to go forward and which ones will not: "The renovation of the most blighted blocks of the K Street Mall and the years-long development of the downtown railyard were scheduled to receive more than $80 million in redevelopment money in coming years."