Los Angeles' proposed downtown redevelopment project disrupted by Superior Court ruling.
The LA Superior court recently ruled that the City Center redevelopment project, as drawn up by the LA CRA, is invalid. The significance of this ruling is substantial. Among the projects tabbed for funding from the CRA were the LA Live entertainment complex and the convention center hotel. The future of those projects and the roadmap to continue the development boom in downtown now must be rewritten. On the other side of the coin, LA County has preserved a sizable portion of its revenues to service its programs. TPR is pleased to present this interview with Los Angeles County Supervisor Zev Yaroslavsky in which he addresses the significance of the ruling and what the decision means to the county.
Thanks to Larry Segal
FULL STORY: Superior Court Voids LA CRA's Central City Redevelopment Plan
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